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Investment Highlights

  • 1.103 acre site
  • Flexible D-AD zoning
  • New surrounding developments
  • Great visibility
  • Ample parking

Executive Summary

Positioned in the heart of Norfolk’s vibrant NEON Arts District and just seconds from Downtown Norfolk, this property presents a rare opportunity for an owner-occupant, investor, or for redevelopment. With over one acre of land, and great visibility to Granby Street, the site offers significant potential for a variety of
uses, including office, retail, hospitality, or multifamily. Properties of this size and location rarely become available, making this a truly unique opportunity in one of Norfolk’s most sought after districts.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
39,037 SF
Building Class
C
Year Built
1917
Price
$3,493,516 CAD
Price Per SF
$89.49 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.81
Lot Size
1.10 AC
Zoning
D-AD - Downtown Arts and Cultural District
Frontage
150’ on Granby St

Amenities

  • Bus Line
  • Signalized Intersection

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Virginia Furniture Co
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Virginia Furniture Co Retailer - - -
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Bonchon
Buffalo Wild Wings
Southern Bank
Harris Teeter
First Watch
Cook Out
Onelife Fitness
Orangetheory Fitness
Pure Barre
Starbucks

Property Taxes

Property Taxes

Parcel Number
26092900
Land Assessment
$924,219 CAD
Improvements Assessment
$966,037 CAD
Total Assessment
$1,890,255 CAD
  • Listing ID: 39789047

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 745 Granby St, Norfolk, VA 23510

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