5541 Iowa Ave - Freestanding FOR SALE


Norfolk, VA 23513- Norvella Heights
$525,000 USD
757-286-0629
5541 Iowa Ave, Norfolk, VA for Sale
$525,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

5541 Iowa Ave
Norfolk, VA 23513
Norvella Heights


OVERVIEW

Cute 1950 style bungalow office building with enclosed, fenced and gated outside storage area also containing two storage containers and Quonset hut. The property is located in the Norview/Norvella Heights area of Norfolk with strong transportation access, proximity to the airport and military-related employment centers, and a mix of residential and small commercial uses. Current tenant to vacate by November 1, 2026.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C

APN/PARCEL ID

35628300

ASK ABOUT THIS PROPERTY

Janet WhitbeckCushman & Wakefield | ThalhimerMore Info
757-286-0629

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Janet WhitbeckCushman & Wakefield | ThalhimerMore Info
757-286-0629

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