902 Graydon Ave - Office FOR SALE


Norfolk, VA 23507- West Ghent
$900,000 USD
757-478-9920
902 Graydon Ave, Norfolk, VA for Sale
$900,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

902 Graydon Ave
Norfolk, VA 23507
West Ghent


HIGHLIGHTS

  • Located in Norfolk’s sought-after Ghent/West Ghent district
  • Excellent visibility with 30,000 vehicles daily on Hampton Blvd
  • Strong redevelopment opportunity
  • Zoned C-C with Coastal Resilience Overlay for flexible use
  • Walkable to restaurants, grocers, breweries, and banks

OVERVIEW

This property presents a rare opportunity to own property on Hampton Boulevard in the Ghent / West Ghent submarket in Norfolk, Virginia. This property benefits from a very central and visible location in direct view of an enormous amount of daily traffic and it’s close proximity to the Interstate system, the midtown tunnel, CHKD, Sentara Norfolk General Hospital, Downtown Norfolk, Old Dominion University, the Rail Yard Retail, and the Norfolk Naval Base. The property lends itself to a host of uses, including retrofit of the existing building to newer office or retail use, redevelopment to general or medical office, single or multi family housing, bank branch, Day Care, school, etc.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C-C

APN/PARCEL ID

27620826

ASK ABOUT THIS PROPERTY

757-478-9920

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757-478-9920

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