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241 Granby St - Former Brick Anchor | Unit 10 Only* 6,400 SF Retail Condo Unit Offered at $1,909,936 CAD in Norfolk, VA 23510
1 Unit Available
Unit 10
| Unit Size | 6,400 SF | Sale Type | Investment or Owner User |
| Price | $1,909,936 CAD | Cap Rate | 9.70% |
| Price Per SF | $298.43 CAD | NOI | $185,263.80 CAD |
| Condo Use | Retail |
| Unit Size | 6,400 SF |
| Price | $1,909,936 CAD |
| Price Per SF | $298.43 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.70% |
| NOI | $185,263.80 CAD |
Description
Investment Opportunity: Fully LEASED (5-year term with Options for renewal) Historic Downtown Restaurant | For Sale
Secure a prime income-producing asset in the heart of Norfolk’s historic downtown district. This centrally located bar and restaurant space is fully leased, offering immediate cash flow with a five-year lease in place and a five-year renewal option. Positioned in a high-visibility, walkable corridor surrounded by offices, residential developments, and waterfront attractions, this property benefits from steady foot traffic and strong long-term growth fundamentals.
An ideal opportunity for investors seeking stable returns in one of Hampton Roads’ most vibrant commercial hubs.
Sale Notes
DO NOT DISTURB TENANT. Please direct all questions/offers to Pooya 757.724.1547 pooya.mohit@atlanticsir.com, or Erin 757.288.0318 erin.brown@atlanticsir.com. PLEASE include the property address as the subject line on all emails. Note: Condo fees are $1,500/month.
Property Facts
| Total Building Size | 6,400 SF | Floors | 2 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,200 SF |
| Property Subtype | Year Built | 1905 | |
| Building Class | B | Lot Size | 0.08 AC |
| Zoning | 52 | ||
| Total Building Size | 6,400 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,200 SF |
| Year Built | 1905 |
| Lot Size | 0.08 AC |
| Zoning | 52 |
Presented by
241 Granby St - Former Brick Anchor | Unit 10 Only*
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