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241 Granby St , #10

Norfolk, VA 23510
  • $1,400,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 10628934
UPDATED: 57 min ago
$1,400,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,400
    SQFT
  • $219
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1905

School Ratings & Info

Description

Stabilized, turnkey investment in a proven location. Prime investment opportunity in downtown Norfolk's historic district with a long-term tenant already in place. This offering includes the commercial portion of the condominium encompassing the first two floors of the Historic Portlock Building, featuring a spacious two-story restaurant and bar with an additional mezzanine level. One of the largest restaurant footprints in the area, complete with an extensive tap system, the property is well-positioned for sustained tenant success. Investors benefit from immediate income with future upside potential through rent growth and continued demand in this high-traffic, centrally located corridor.

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www.levyandassociatesrealtors.com/homes/174992821
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241 Granby St , #10 Norfolk, VA 23510

  • Price: $1,400,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 57 min ago
  • ID#: 10628934
0
Beds
0
Baths
0
½ Baths
0.03
Acres
6,400
SQFT
$219
$/SQFT
1905
Built
Neighborhood:
Downtown Area
Area:
11 - West Norfolk
Property Description
Stabilized, turnkey investment in a proven location. Prime investment opportunity in downtown Norfolk's historic district with a long-term tenant already in place. This offering includes the commercial portion of the condominium encompassing the first two floors of the Historic Portlock Building, featuring a spacious two-story restaurant and bar with an additional mezzanine level. One of the largest restaurant footprints in the area, complete with an extensive tap system, the property is well-positioned for sustained tenant success. Investors benefit from immediate income with future upside potential through rent growth and continued demand in this high-traffic, centrally located corridor.
Exterior Features

Construction Other Exterior Siding Brick Foundation Type BasementSlab Garage YN No Location Frontage Parking Street Roof Other

Interior Features

Cooling Central AirOther Flooring Type HardwoodTile Heating Forced Hot AirOther

Property Features

Contingency Exists Non Contingent Disclosure Historical District Features Fire Sprinkler SysInside StorageLightingPriv RestrmsRear Entrance Lease Type Multiple Master Model YN No New Construction YN No Ownership Type Condo Possession SETTLE Tax Amount Approx 13544 Use Type Bar/Tavern Utilities City SewerCity WaterElectricGasTelephone Avail Zoning D-3

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