1215 W Little Creek Rd

    Norfolk, VA 23505
    • $895,000
    • STATUS: Active
    • ON SITE: 93 days
    • ID#: 10224446
    UPDATED: 18 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.

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    www.757realtor.com/homes/88702024

    1215 W Little Creek Rd Norfolk, VA 23505

    • Price: $895,000
    • Status: Active
    • Updated: 18 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
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