1231 Boissevain Ave - Restaurant FOR SALE


Norfolk, VA 23507- West Ghent
$975,000 USD
757-340-5555
1231 Boissevain Ave, Norfolk, VA for Sale
$975,000 USD
Restaurant - FOR SALE
1/51
null | Request Cap Rate

1231 Boissevain Ave
Norfolk, VA 23507
West Ghent


OVERVIEW

Own a piece of history with this stunning turn-of-the-century property, thoughtfully transformed into a thriving natural wine bar, vegetarian restaurant, and three charming bed & breakfast suites. Nestled in the heart of historic Norfolk, this eclectically curated gem features a commercial kitchen, garden patio seating, sunroom porch, and a dry bar lounge, all fully renovated with upgraded electrical, plumbing, heat pump, and fire alarm/suppression system. BNB guests enjoy a private entrance to the stylish upstairs suites. Ample upside includes adding 1 more room, converting the outdoor shed into event or rental space, expanding operating hours, or hosting corporate/group events. A rare, turn-key opportunity to own a beautifully designed, income-generating property with endless potential.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$488 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Grandiflora Wine Garden and Inn

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,723 SF

ZONING

I-2

APN/PARCEL ID

49507500

ASK ABOUT THIS PROPERTY

Jared WeimerAtlantic Sotheby's International RealtyMore Info
757-340-5555

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Jared WeimerAtlantic Sotheby's International RealtyMore Info
757-340-5555

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