CBRE is pleased to present 525 Graydon Ave. (“The Property”). Investors are presented with the opportunity to step into a beautifully renovated, cash-flowing opportunity in the historic neighborhood of Ghent.
Norfolk’s historic Ghent neighborhood is renowned for its picturesque streets, boutique shops, and eclectic restaurants, making it a highly sought-after destination for both locals and visitors alike. As one of the city’s most vibrant and affluent neighborhoods, Ghent offers a unique blend of small-town charm and urban sophistication, with easy access to Norfolk’s scenic waterfront, vibrant arts scene, and thriving downtown area.
In 2021, ownership completed a full condo-grade renovation of the entire building, replacing everything from mechanical, plumbing, and electrical systems and renovating the entirety of the units. New units include all new kitchens with quartz countertops, stainless steel appliances, soft-close cabinets, and touchless faucets, as well as new bathrooms.