About This Home

This 0-bedroom, 0-bathroom commercial at 241 Granby Street #10 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.

Key Features

  • Built in 1905
  • 0.03 acre lot

Property Details

#10
1905

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

241 Granby Street #10

Norfolk, VA 23510

DOWNTOWN AREA

Property Details

Heating

Forced Air

Cooling

Central Air

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 $7,487 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.03 acre lot.

This property is listed by Kris Weaver.

KW

Kris Weaver

Agent at Atlantic Sotheby's International Realty

Listed by Atlantic Sotheby's International Realty · Broker phone: (757) 340-5555 · Broker website

MLS# 10628934· Source: Real Estate Information Network, Inc.· 206 days on PropertySimple

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

241 Granby Street #10, Norfolk, VA 23510

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