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    Norfolk, VA
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    Norfolk, VA Retail Properties & Spaces for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA Smithfield, VA
    19 properties
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    Prime Norfolk Acreage For Sale
    Updated: Mar 16
    Prime Norfolk Acreage For Sale

    745 Granby St, Norfolk, VA 23510

    $2,540,000
    39,037 sqft 1.00 AC lot
    Prime location in the heart of Norfolk's NEON Arts District, seconds from Downtown Norfolk.
    Over one acre of land with high visibility to Granby Street.
    Significant redevelopment potential for office, retail, hospitality, or multifamily use.
    Rare opportunity due to size and location in a sought‑after district.
    Suitable for owner‑occupants, investors, or redevelopment projects.
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    This listing looks promising.

    Here's a quick look at some key insights for

    745 Granby St, Norfolk, VA 23510

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $227K
      Annual

    • Price @ 7% Cap

      $3.24M
      Above asking
    View Property Analytics
    Turnkey Auto Repair Shop Norfolk
    Updated: Apr 22
    Turnkey Auto Repair Shop Norfolk

    1231 Norview Avenue, Norfolk, VA 23513

    $1,500,000
    2,200 sqft 0.65 AC lot
    Great Location on Major Hwy
    Rustic and Ready
    Various types of businesses will fit
    Over 2 Acres
    Fully furnished with equipment, tables, chairs etc.
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    Mixed-Use Retail and Residential Building
    Mixed-Use Retail and Residential Building

    5010 Princess Anne Road E, Norfolk, VA 23502

    $1,949,800
    17,500 sqft 0.45 AC lot

    Mixed-use property with retail and residential units plus office space, sold as-is with 100% occupancy.

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    Retail Storefront with Parking
    Retail Storefront with Parking

    1501 E Little Creek Road, Norfolk, VA 23518

    $895,000
    2,987 sqft 0.72 AC lot

    Retail storefront on a heavily traveled road with ample parking and C2 zoning, sold as-is.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Functional Warehouse and Service Property
    Functional Warehouse and Service Property

    3111 E Virginia Beach Blvd, Norfolk, VA 23504

    $1,750,000
    14,825 sqft 1.04 AC lot

    Warehouse and service property on 1.04 acres in Norfolk.

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    7-Eleven Store Investment Opportunity
    7-Eleven Store Investment Opportunity

    1115 Colonial Ave, Norfolk, VA

    $1,700,000
    2,811 sqft 0.30 AC lot

    Freestanding 7-Eleven with extended lease and rental increases.

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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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    Retail Property with Drive Thru
    Retail Property with Drive Thru

    5357 E Princess Anne Rd, Norfolk, VA

    $795,000
    4,197 sqft 0.51 AC lot

    Retail property with drive-thru, value-add opportunity, high traffic location.

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    Norfolk Mixed-Use Investment Opportunity
    Norfolk Mixed-Use Investment Opportunity

    2811-2815 Colonial Avenue, Norfolk, VA 23508

    $1,900,000
    19,545 sqft 0.86 AC lot

    Eleven units, single-family home, and retail space for sale.

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    Granby Street Office/Former Bank Branch
    Granby Street Office/Former Bank Branch

    1812 Granby St, Norfolk, VA 23517

    $1,700,000
    6,926 sqft 0.70 AC lot

    Two-story, 6,926 SF office/former bank branch in Historic Ghent.

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    Redevelopment Opportunity Former Bank Branch
    Redevelopment Opportunity Former Bank Branch

    1221 E Little Creek Rd, Norfolk, VA 23518

    $950,000
    4,862 sqft 1.23 AC lot

    4,862 SF property on 1.23 AC for redevelopment.

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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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    Retail Space in Bayview Plaza
    Retail Space in Bayview Plaza

    7924 Chesapeake Blvd, Norfolk, VA

    $4,015,606
    25,816 sqft 2.23 AC lot

    Retail space in established shopping center near Little Creek Base.

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    Retail Property Near JANAF Yard
    Retail Property Near JANAF Yard

    5901 E Virginia Beach Blvd, Norfolk, VA

    $750,000
    1,973 sqft 0.45 AC lot

    Hard corner retail site in Norfolk's busiest retail corridor.

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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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    Retail Property on Heavily Traveled Road
    Retail Property on Heavily Traveled Road

    1501 E Little Creek Road, Norfolk, VA 23518

    $895,000
    2,987 sqft 0.72 AC lot

    Retail or restaurant opportunity with high visibility and ample parking.

    View details
    Retail Property Near Wards Corner
    Retail Property Near Wards Corner

    7635 Granby St, Norfolk, VA

    Contact for pricing
    16,200 sqft 0.71 AC lot

    Fully leased retail property near Norfolk's Wards Corner district.

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    Neighborhood Retail Shopping Center
    Neighborhood Retail Shopping Center

    2300 E Little Creek Road, Norfolk, VA 23518

    Contact for pricing

    Decades of operating history and long-tenured retailers support stable traffic from a dense middle-income trade area.

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    Waterfront Restaurant Space For Sale
    Waterfront Restaurant Space For Sale

    8180 Shore Dr, Norfolk, VA

    Contact for pricing
    12,579 sqft 1.00 AC lot

    New restaurant space with banquet hall and boat access.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Norfolk, VA, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Norfolk, VA

    Consider similar Off-Market properties in Norfolk, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    881 Little Crk Rd
    AUTO REPAIR, GARAGE

    881 Little Crk Rd, Norfolk, VA 23518-3711

    Value Estimation by Request
    1,920 sqft 0.46 AC lot
    View details
    7851 Azalea Gdn Rd
    AUTO REPAIR, GARAGE

    7851 Azalea Gdn Rd, Norfolk, VA 23518-4500

    Value Estimation by Request
    16,560 sqft 1.98 AC lot
    View details
    3345 Military Hwy
    RETAIL STORES (PERSONAL SERVICES)

    3345 Military Hwy, Norfolk, VA 23518-5608

    $1,570,000
    Estimated value
    1,865 sqft 0.57 AC lot
    View details
    8312 Hampton Blvd
    CONVENIENCE STORE

    8312 Hampton Blvd, Norfolk, VA 23505-1007

    Value Estimation by Request
    2,820 sqft 0.37 AC lot
    View details
    1825 Tidewater Dr
    RETAIL STORES (PERSONAL SERVICES)

    1825 Tidewater Dr, Norfolk, VA 23504-2507

    Value Estimation by Request
    1,560 sqft 0.11 AC lot
    View details

    Norfolk, VA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Norfolk, VA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 145,666 square feet of properties for sale, with an estimated market value of $21,340,406.

    Sale prices for stores in Norfolk, VA start at $750,000, averaging $1,641,569, and reaching up to $4,015,606 — 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 29
    Storefront properties 8
    Grocery and convenience stores 5
    Banks 4
    Automotive properties 3

    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
    23518 $822.5K
    23502 $1.3M
    23510 $1.3M
    23513 $1.5M
    23517 $1.7M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Norfolk city

    Office

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Norfolk, VA

    • 23518
    • 23502
    • 23503
    • 23504
    • 23508
    • 23510
    • 23513
    • 23517

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