241 Granby ST # 10 Norfolk, VA ^$ 1,400,000

241 Granby ST # 10

^$ 1,400,000

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241 Granby ST # 10

Norfolk, VA, 23510

^$ 1,400,000

Bedrooms-- Baths-- Sq 6,400

Monthly Estimate*

^$ 9,669

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Commercial Property for sale in Norfolk, VA

for $1,400,000. This 6,400 square foot building was built in 1905 on a lot size of 0.0288.

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.

Commercial Active

Price

^$ 1,400,000

Property Type

Commercial

Taxes

^$ 13,544

Style

Commercial/Industrial

Lot Size

0.0288

Year Built

1905

Town/City

Norfolk

County/Region

Norfolk City

MLS | Web ID

10628934

Features

General

Construction Other

Heating Forced Hot Air Other

Cooling Central Air Other

Utilities City Sewer City Water Electric Gas Telephone Avail

Ownership Type Condo

Features Fire Sprinkler Sys Inside Storage Lighting Priv Restrms Rear Entrance

Roof Other

Parking Street

Zoning D-3

Property Type Commercial/Industrial

Area 11 - West Norfolk

Subdivision Name DOWNTOWN AREA

Location Frontage

Sub Type Purchase

New Construction Y/N 0

Non Non Contingent

Exterior

Siding Brick

Foundation Basement Slab

Garage Y/N 0

* Excluded Features

List By

Kris Weaver

Listing Agent

Atlantic Sothebys Int'l Realty

Broker

Affordability Calculator

$10,798

Per Month

Monthly Principal & Interest: $9,669
Monthly Property Taxes: $1,129
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Norfolk, VA

Average List Price ^$638,757

Percent of Sale Price 54%

About Norfolk, VA

251,813 Population

7% Since 2002

^$46,428 Median Income

32.47 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

239339 Elementary School

239621 Middle School

Unknown High School High School

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241 Granby ST # 10, Norfolk, VA, 23510 is a Commercial Property for sale at $1,400,000 with 6,400 sqft and a lot size of 0.0288. 241 Granby ST # 10 was built in 1905. The property's zip code is 23510 which is in Norfolk, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.

This application does not include information on all of the properties available for sale at this time.

REIN updates its listings on a daily basis. Data last updated 10/18/2026.

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241 Granby ST # 10

Commercial Property for sale in Norfolk, VA

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