416-424 W 25th St - Freestanding FOR SALE


Norfolk, VA 23517- Park Place
$1,100,000 USD
757-497-4446
416-424 W 25th St, Norfolk, VA for Sale
$1,100,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

NEW


416-424 W 25th St
Norfolk, VA 23517
Park Place


HIGHLIGHTS

  • Two garage doors and two overhead doors
  • Professional showroom with built in displays and retail counter
  • Located in Historic District, Enterprise Zone, Opportunity Zone, and HUB Zone
  • Off-street parking on-site
  • All three addresses separately metered, allowing building to be subdivided and units rented separately

OVERVIEW

Presenting a rare opportunity to acquire a 10,292 SF multi-use light industrial complex spanning two contiguous parcels in Norfolk's Park Place neighborhood. Zoned I-L (Light Industrial), this versatile property is exceptionally well-suited for owner-users, investors, and operators seeking a strategic combination of warehouse, office, and showroom space within a single consolidated footprint. The complex is vacant and available for immediate occupancy, offering a broad range of permitted uses under Norfolk's I-L zoning designation, as well as falling in an Enterprise Zone, HUB Zone, and Opportunity Zone. The property's diverse functional zones — open warehouse bays, finished private offices, and a purpose-built showroom/counter area — provide a turnkey solution for businesses that need operational flexibility under one roof.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,980 SF

ZONING

I-L

APN/PARCEL ID

05791700

ASK ABOUT THIS PROPERTY

Amanda HouffSam Segar & Associates, Inc.More Info
757-497-4446

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Amanda HouffSam Segar & Associates, Inc.More Info
757-497-4446

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