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241 Granby St
Norfolk, VA 23510 Downtown Norfolk

$1,250,000 USD

Apartments Condo For Sale  •  6,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,400 SF
  • Lot Size 0.08 AC
  • Building Class B
  • Year Built 1905
  • Zoning 52
76 Transit Score
86 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 10 Retail 6,400 SF $1,250,000 USD
  • Unit Size: 6,400 SF
  • Condo Use: Retail
  • Price: $1,250,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $195.31 USD
Description
Investment Opportunity: Fully LEASED (5-year term) Historic Downtown Restaurant | For Sale 

Secure a prime income-producing asset in the heart of Norfolk’s historic downtown district. This centrally located bar and restaurant space is fully leased, offering immediate cash flow with a five-year lease in place and a five-year renewal option. Positioned in a high-visibility, walkable corridor surrounded by offices, residential developments, and waterfront attractions, this property benefits from steady foot traffic and strong long-term growth fundamentals.

An ideal opportunity for investors seeking stable returns in one of Hampton Roads’ most vibrant commercial hubs.

Sale Notes
Please direct all questions/offers to Pooya 757.724.1547 pooya.mohit@atlanticsir.com, or Erin 757.288.0318 erin.brown@atlanticsir.com. PLEASE include the property address as the subject line on all emails. Note: Condo fees are $1,500/month.

Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.3 mi
Transit/SubwayDriveWalkDistance
MacArthur Square (Tide Light Rail - Hampton Roads Transit (HRT)) 1 min 5 min 0.2 mi
Monticello (Tide Light Rail - Hampton Roads Transit (HRT)) 1 min 5 min 0.2 mi
York Street / Freemason (Tide Light Rail - Hampton Roads Transit (HRT)) 2 min 10 min 0.5 mi
Civic Plaza (Tide Light Rail - Hampton Roads Transit (HRT)) 2 min 10 min 0.5 mi
Harbor Park (Tide Light Rail - Hampton Roads Transit (HRT)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Norfolk International 16 min - 7.3 mi
Newport News/Williamsburg International 43 min - 28.6 mi
Pooya Mohit 757-724-1547 Atlantic Sotheby's Intl Realty
Pooya Mohit 757-724-1547 Atlantic Sotheby's Intl Realty