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Executive Summary

951-957 W 21st Street Sale Listing including 950 Woodrow Ave parking
Don’t miss out on this exceptional investment opportunity in Norfolk! Located in the heart of Norfolks desirable Ghent district. This mixed use commercial property totals 12,834 SF including multiple storefront retail suites attracting those driving by on Azalea and W 21st St offering you great visibility, steady traffic and proximity to many accommodating amenities!
Great opportunity for owner occupancy with 3,242 SF currently available for lease providing immediate income potential for owner users or investors to expand their portfolio.
Situated on West 21st Street-one of Ghent's busiest commercial corridors-the property benefits from outstanding accessibility and walkability. The area is surrounded by:
Retail boutiques
Restaurants & cafés
Grocers and daily needs retailers
Schools & higher education institutions
High-density residential neighborhoods
This location ensures consistent foot and vehicle traffic, making it ideal for retail, service businesses, professional offices, specialty tenants and much more!
Property Features:
-Total Building Size: 12,834 SF
-Available Space for Lease 3,242-5,304 SF with the potential for more if needed
-Zoning: Ideal for retail, office, or mixed-use
-Prime visibility on W. 21st Street
-Dedicated signage opportunities; Ample on-street and nearby parking
-Strong tenant demand in the Ghent commercial corridor
-Surrounded by established national and local businesses
-Stable long term investment in one of Norfolk's most vibrant districts
Sold with this property; an adjacent parking lot located at 950 Woodrow Ave, that provides ample additional parking and has potential for further development of new construction if combined with parking.
Owner is currently contracting to repaint exterior of building and actively marketing available space. Act now to put your own desirable touches on this building or to acquire your needed space!
Offered at: $2,595,000
For additional information, financials, or to schedule a private tour, please contact Casselyn Dagenhart at (804) 244-5410.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,834 SF
Building Class
B
Year Built
1947
Price
$3,540,203 CAD
Price Per SF
$275.85 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,000 SF
Slab To Slab
10’
Building FAR
0.01
Lot Size
43.00 AC
Zoning
41
Parking
14 Spaces (1.09 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
19789500
Land Assessment
$673,008 CAD
Improvements Assessment
$1,469,354 CAD
Total Assessment
$2,142,362 CAD
  • Listing ID: 40212167

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 951 W 21st St, Norfolk, VA 23517

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