Retail

Norfolk, VA Retail Properties & Spaces for Sale

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Freestanding Storefront Shell
Updated: Aug 21
Freestanding Storefront Shell

925 E little creek rd, Norfolk, VA 23518

$105,000
1,936 sqft 0.23 AC lot
1,936 SF freestanding commercial building on a 0.23‑AC lot
Gutted shell with new framing installed; built in 1960
C‑2 zoning supports restaurant, retail, office, banking, medical‑office, and personal‑service uses
75' frontage on E. Little Creek Road with two curb cuts
16 parking spaces, pylon sign, existing signage, and bus‑line access
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Auto Repair Shop with Service Bays
Updated: Apr 22
Auto Repair Shop with Service Bays

1231 Norview Avenue, Norfolk, VA 23513

$1,400,000
2,200 sqft 0.65 AC lot
2,200‑square‑foot auto repair facility with real estate included
0.6483‑acre property in Norfolk, VA
Multiple service bays with customer reception and storage areas
C‑2 zoning
On‑site parking and vehicle‑oriented workspace
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Mixed-Use Building with Retail
Mixed-Use Building with Retail

5010 Princess Anne Road E, Norfolk, VA 23502

$2,149,849
17,500 sqft 0.45 AC lot

C-C-zoned property combines commercial storefronts, office areas, and residential occupancy in a multi-level configuration.

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See hot listings in Norfolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
Industrial Flex Building with Fenced Yard
Industrial Flex Building with Fenced Yard

1553 Alder Street, Norfolk, VA 23502

$850,000
6,752 sqft 0.40 AC lot

A combination of warehouse, showroom, office, and outdoor storage areas supports a range of industrial operations.

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C2 Storefront with Parking
C2 Storefront with Parking

1501 E Little Creek Road, Norfolk, VA 23518

$895,000
2,987 sqft 0.72 AC lot

C2 zoning supports restaurant, business, and retail uses.

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Office Building with Available Space
Office Building with Available Space

951-957 W 21st Street, Norfolk, VA 23518

$2,595,000
12,834 sqft

Commercial property offers flexible suites, dedicated signage opportunities, and additional parking along a busy commercial corridor.

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20-Suite Neighborhood Shopping Center
20-Suite Neighborhood Shopping Center

801 East 26th Street, Norfolk, VA 23504

$1,750,000
27,672 sqft

Neighborhood retail and service tenants include a laundromat and convenience store with long-term lease commitments.

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Freestanding Storefront Shell
Freestanding Storefront Shell

925 E. little creek rd, Norfolk, VA 23518

$105,000
1,936 sqft 0.23 AC lot

C-2 zoning supports restaurant, retail, personal service, office, banking, and medical office uses.

View details
Mixed-Use Property with Retail
Mixed-Use Property with Retail

5010 Princess Anne Rd E, Norfolk, VA 23502

$2,149,849
17,500 sqft

Two-level configuration combines commercial spaces with residential tenants in an established Norfolk property.

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Renovated Mixed-Use Industrial Property
Renovated Mixed-Use Industrial Property

211 W 24th St, Norfolk, VA 23517

Contact for pricing
30,470 sqft

Renovated commercial facility suited to brewery, retail, recreation, or light industrial operations.

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Anchored Power Center Retail Space
Anchored Power Center Retail Space

1261 North Military Highway, Norfolk, VA 23502

Contact for pricing
11,097 sqft

Centrally located power center anchored by Target, Home Depot, and Food Lion with multiple entrances and available storefronts.

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Ghent Shopping Center Portfolio
Ghent Shopping Center Portfolio

301 W 21st St, Norfolk, VA 23517

Contact for pricing
131,074 sqft

Three connected retail properties offer a diversified tenant base, urban walkability, and substantial leased occupancy.

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Freestanding Retail Building on NNN Lease
Freestanding Retail Building on NNN Lease

4261 East Little Creek Road, Norfolk, VA 23518

Contact for pricing
13,249 sqft 1.16 AC lot

Freestanding 13,249 SF retail building built in 2011 is leased under a 12-year NNN agreement with CVS Pharmacy, Inc.

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Office-Retail Building with Apartment
Office-Retail Building with Apartment

211 West Freemason Street, Norfolk, VA 23510

Contact for pricing
4,925 sqft

Downtown mixed-use property with office/retail space and a 2-bedroom, 2-bath apartment plus rooftop access.

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Furnished Dry Cleaning Storefront
Furnished Dry Cleaning Storefront

337-331 E Bayview Blvd, Norfolk, VA 23503

Contact for pricing
2,118 sqft

Leasable, fully equipped dry cleaning storefront with no CAM charges and tenant-paid utilities.

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Anchored Community Shopping Center
Anchored Community Shopping Center

1529 and 1595 International Blvd., Norfolk, VA 23513

Contact for pricing
16,000 sqft

Retail center anchored by Super K Mart near Norfolk International Airport.

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Breakfast & Diner Space
Breakfast & Diner Space

222 W 21st St, Norfolk, VA 23517

$75,000
1,000 sqft

Strip-center space with parking and site services covered through CAM fees.

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NNN Ground Lease Property
NNN Ground Lease Property

5741 E Virginia Beach Blvd, Norfolk, VA 23502

Contact for pricing
7,724 sqft

Absolute net ground lease with tenant responsibility for all costs and a remaining term through 2044.

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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

129 East Admiral Taussig Boulevard, Norfolk, VA 23505

Contact for pricing
14,410 sqft

Commercial property with retail space, C-C zoning, and an established 1954 building.

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Coastal Retail Landmark Opportunity
Coastal Retail Landmark Opportunity

1901 East Ocean View Avenue, Norfolk, VA 23503

Contact for pricing
7,020 sqft

Retail storefront offered for sale along the Chesapeake Bay, steps from the beach in Norfolk’s Ocean View submarket.

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Norfolk Brewery/Hospitality Opportunity
Norfolk Brewery/Hospitality Opportunity

723 E 23rd St, Norfolk, VA

Contact for pricing
17,910 sqft 0.84 AC lot

Expansive 17,910 SF property ideal for breweries or hospitality ventures.

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Two-Tenant Retail Storefront
Two-Tenant Retail Storefront

6035 E Virginia Beach Blvd, Norfolk, VA 23502

Contact for pricing
16,325 sqft

Retail storefront offering a simple two-tenant configuration in Norfolk, Virginia.

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Two-Tenant Retail Investment
Two-Tenant Retail Investment

6029 E Virginia Beach Blvd, Norfolk, VA 23502

Contact for pricing
16,325 sqft

Stabilized retail property with two tenants and 100% occupancy, generating in-place net operating income.

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Prime Norfolk Acreage For Sale
Prime Norfolk Acreage For Sale

745 Granby St, Norfolk, VA 23510

Contact for pricing
39,037 sqft 1.00 AC lot

One-acre site in Norfolk's NEON Arts District.

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Norfolk, VA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Norfolk, VA, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 466,017 square feet of properties for sale, with an estimated market value of $12,571,698.

Sale prices for stores in Norfolk, VA start at $75,000, averaging $1,142,881, and reaching up to $2,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 27
Storefront properties 18
Grocery and convenience stores 5
Auto shops 4
Automotive properties 4

Demographics Overview

Population 235K
Population Growth (5Y) -4.3%
Median Household Income $64,747
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23517 $75K
23518 $1M
23513 $1.4M
23504 $1.8M
23502 $2.1M

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $9.43 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

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