1215 W Little Creek Rd

    Norfolk, VA 23505
    • $895,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 10224446
    UPDATED: 52 min ago
    $895,000
    • 0
      BEDS
    • 0.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,515
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1956

    School Ratings & Info

    Description

    This is a rare opportunity to acquire commercial property on Little Creek Road in Norfolk, just minutes from the largest US Navy base on the planet. This property is ideal for an investor or small business owner/operator. Property includes three ground level retail spaces with excellent visibility and signage. The second floor is ready to be repurposed for office or other commercial use. Total of 16,515 SF, this property has the potential to generate significant rental income in a densely populated submarket, on the a primary thoroughfare. Priced at $54 PSF, this is well below replacement costs and retail comps in the market.

    Monthly Payment Calculator



    © 2018 REIN, Inc. Information Deemed Reliable But Not Guaranteed.
    Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: mapping, demographics, and school information. The source of these enhancements are: Google, Bing, Zillow, and School Matters. This application does not include information on all of the properties available for sale at this time. Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
    www.757realtor.com/homes/88702024

    1215 W Little Creek Rd Norfolk, VA 23505

    • Price: $895,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 10224446
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.88
    Acres
    16,515
    SQFT
    $54
    $/SQFT
    1956
    Built
    Neighborhood:
    Titustown
    Area:
    11 - West Norfolk
    Property Description
    This is a rare opportunity to acquire commercial property on Little Creek Road in Norfolk, just minutes from the largest US Navy base on the planet. This property is ideal for an investor or small business owner/operator. Property includes three ground level retail spaces with excellent visibility and signage. The second floor is ready to be repurposed for office or other commercial use. Total of 16,515 SF, this property has the potential to generate significant rental income in a densely populated submarket, on the a primary thoroughfare. Priced at $54 PSF, this is well below replacement costs and retail comps in the market.
    Exterior Features

    Construction Block Exterior Siding Brick Foundation Type Slab Garage YN No Location FrontageMajor Arteries Parking Off StreetPaved1-25 Spcs Roof MetalOther

    Interior Features

    Cooling Central Air Flooring Type Concrete Heating ElectricGas

    Property Features

    Contingency Exists Non Contingent Disclosure None Features Pole Sign Lease Type None New Construction YN No Ownership Type Simple Possession Closing Tax Amount Approx 10230 Use Type Retail Utilities City SewerCity WaterElectricGasMeter Zoning C-C

    Listing provided courtesy of Denton Realty Company
    © 2018 REIN, Inc. Information Deemed Reliable But Not Guaranteed.


    © 2018 REIN, Inc. Information Deemed Reliable But Not Guaranteed.
    Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: mapping, demographics, and school information. The source of these enhancements are: Google, Bing, Zillow, and School Matters. This application does not include information on all of the properties available for sale at this time. Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
     
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