1150 E Little Creek Rd - Storefront Retail/Office FOR SALE


Norfolk, VA 23518- Bel Aire/South Bay View
$3,700,000 USD
757-513-2500
1150 E Little Creek Rd, Norfolk, VA for Sale
$3,700,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | Request Cap Rate

1150 E Little Creek Rd
Norfolk, VA 23518
Bel Aire/South Bay View


HIGHLIGHTS

  • Prime Location
  • Signalized Intersection
  • Close to Little Creek Amphibious Base and Norfolk Naval Station

OVERVIEW

PRICE REDUCTION - 1150 E Little Creek is an excellent investment opportunity with second floor office space available to lease, occupy or the zoning permits multifamily or self storage. Its located at the signalized intersection of E. Little Creek and N. Military Hwy near a high volume WaWa and CVS. It was built, owned, and operated by a national retailer who used the second floor to house their corporate HQ and collections dept. Built in 2006 by the original retailer, then bought in 2018 by the current owner who opened the original beauty supply business. In 2019 the beauty supply business was sold to the current operator. The location offers excellent visibility to E. Little Creek Rd with multiple access points and a signalized intersection. Its an ideal location for a business that serves the military with its close proximity to Little Creek Amphib base and Norfolk Naval Station. Maintenance and utility expenses available upon request. 2023 RE Tax: $57,370 Tax assessed at $4,068,800 Offered at $3,700,000 ($114 PSF)

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Military Hwy

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

C-C

APN/PARCEL ID

37920700

ASK ABOUT THIS PROPERTY

Chris GoodThe Good CompanyMore Info
757-513-2500

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Chris GoodThe Good CompanyMore Info
757-513-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.