5901 E Virginia Beach Blvd - Auto Dealership FOR SALE


Norfolk, VA 23502- Military Circle
$750,000 USD
757-286-1783
5901 E Virginia Beach Blvd, Norfolk, VA for Sale
$750,000 USD
Auto Dealership - FOR SALE
1/8
null | Request Cap Rate

5901 E Virginia Beach Blvd
Norfolk, VA 23502
Military Circle


HIGHLIGHTS

  • Positioned on a signalized hard-corner intersection with strong visibility.
  • Located directly across from JANAF Shopping Yard.
  • Benefits from exposure to approximately 49,257 vehicles per day.
  • Convenient access to Interstate 264 and Interstate 64.
  • Surrounded by established retail, dining, and service businesses.
  • Rare commercial ownership opportunity within a major Norfolk retail corridor.

OVERVIEW

5901 E. Virginia Beach Boulevard presents an opportunity to acquire a highly visible commercial property positioned at a signalized intersection within one of Norfolk's most established retail corridors. Situated directly across from JANAF Shopping Yard and adjacent to the Military Circle area, the property benefits from consistent consumer activity, strong regional connectivity, and immediate access to major transportation routes serving the Hampton Roads market. The site contains an existing commercial building and occupies approximately 0.4548 acres, offering owner-users and investors a location with prominent frontage along E. Virginia Beach Boulevard. Daily traffic exposure of approximately 49,257 vehicles supports business visibility and customer accessibility, while proximity to Interstate 264 and Interstate 64 enhances access throughout Norfolk, Virginia Beach, Chesapeake, and the broader region. The surrounding commercial environment includes a concentration of national retailers, service providers, restaurants, and regional businesses that contribute to ongoing consumer demand and commercial activity. The property's location within a mature retail node creates potential for a variety of commercial uses seeking exposure, accessibility, and an established customer base. This offering represents a rare opportunity to secure ownership in a highly developed commercial corridor where available acquisition opportunities are limited. Its combination of signalized access, established retail surroundings, regional transportation connectivity, and strong visibility positions the asset for both owner-occupant and investment consideration.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,200 SF

ZONING

C-2

APN/PARCEL ID

40977000

ASK ABOUT THIS PROPERTY

Michael ZarpasGlobal Real Estate InvestmentMore Info
757-286-1783

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Michael ZarpasGlobal Real Estate InvestmentMore Info
757-286-1783

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