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About This Home
This 0-bedroom, 0-bathroom commercial at 241 Granby Street in Norfolk, VA is listed for $1,400,000 ($219 per sqft). Built in 1905, the home offers 6,400 sqft of living space on a 0.03 acres lot.
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.
Key Features
- Built in 1905
- 0.03 acre lot
Property Details
Amenities
Monthly Cost Estimate
$7,487/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
241 Granby Street
Norfolk, VA 23510
DOWNTOWN AREA
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 241 Granby Street is listed at $1,400,000 ($219/sqft). The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.03 acre lot.
This property is listed by Kris Weaver and can be reached at (757) 340-5555 or sellmyhome@krisweaver.com.
