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$400,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision All Others Area 31
MLS Listing ID 10613422
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,402
Property Description
Unique mixed-use asset positioned in the heart of South Norfolk's downtown district, offering both street-level commercial visibility and rear residential income. The front commercial suite features an open, gallery-style layout with updated lighting, modern flooring, and a dedicated restroom—ideal for retail, studio, office, or wellness use. Behind the storefront sits a two-unit residential configuration, each with separate access, providing diversified income streams on one parcel. The rear of the property offers off-street parking, fenced outdoor space, and storage sheds, adding functional utility for both tenants and ownership. Exterior features include brick walkways, alley access, and classic neighborhood architecture. Located just minutes from major commuter routes, shipyard access, dining, and shopping, this property blends location, flexibility, and income potential into one versatile investment opportunity.
Location
State VA
County Chesapeake
Area 31 - Central Chesapeake
Zoning B5
Interior
Hot Water Electric
Heating Electric, Nat Gas
Cooling Central Air
Flooring Carpet, Laminate/LVP
Exterior
Parking Features Lot, Street
Utilities Available City Sewer, City Water, Electric
Roof Type Asphalt Shingle
Building
Story 2.0000
Foundation Crawl, Slab
Schools
Elementary Schools Rena B. Wright Primary
Middle Schools Oscar Smith Middle
High Schools Oscar Smith
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Listed by LPT Realty LLC
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