About 241 Granby St
Stabilized, turnkey investment in a proven location. Prime investment opportunity in downtown Norfolk's historic district with a long-term tenant already in place. This offering includes the commercial portion of the condominium encompassing the first two floors of the Historic Portlock Building, featuring a spacious two-story restaurant and bar with an additional mezzanine level. One of the largest restaurant footprints in the area, complete with an extensive tap system, the property is well-positioned for sustained tenant success. Investors benefit from immediate income with future upside potential through rent growth and continued demand in this high-traffic, centrally located corridor.
Features of 241 Granby St
| MLS® # | 10628934 |
|---|---|
| Price | $1,400,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,400 |
| Acres | 0.03 |
| Year Built | 1905 |
| Type | Commercial/Industrial |
| Sub-Type | Purchase |
| Status | Active |
Community Information
| Address | 241 Granby St |
|---|---|
| Area | West Norfolk |
| Subdivision | DOWNTOWN AREA |
| City | Norfolk |
| State | Virginia |
| Zip Code | 23510 |
Amenities
| Utilities | City Sewer, City Water, Electric, Gas, Telephone Avail |
|---|---|
| Features | Fire Sprinkler Sys, Inside Storage, Lighting, Priv Restrms, Rear Entrance |
| Parking | Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Hot Air, Other |
|---|---|
| Cooling | Central Air, Other |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Other |
| Construction | Other |
| Foundation | Basement, Slab |
Additional Information
| Days on Market | 154 |
|---|---|
| Zoning | D-3 |
| Short Sale | No |
| RE / Bank Owned | No |