2414 Granby St - Flex FOR SALE


Norfolk, VA 23517
$750,000 USD
757-650-0825
2414 Granby St, Norfolk, VA for Sale
$750,000 USD
Flex - FOR SALE
1/11
null | 7.34% Cap Rate

2414 Granby St
Norfolk, VA 23517


HIGHLIGHTS

  • Fully refurbished in 2022
  • Fully rented
  • 2 occupants

OVERVIEW

Investment opportunity. Fully leased Building, refurbished in 2022 with adjacent Lot for storage or parking. Good 'Ghent' location 5 minutes from Downtown Norfolk. 2 separate leases to the same organization. Apartment lease is an annual one-year lease. The 1st Floor lease expires in March 2026 with 3 one-year options to extend. All rents current and paid on time. 1031 exchange opportunity.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

7.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.06

LAND SF

2,614

ZONING

I-1

APN/PARCEL ID

04225400

ASK ABOUT THIS PROPERTY

Simon HounslowFentress Realty Inc.More Info
757-650-0825

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Simon HounslowFentress Realty Inc.More Info
757-650-0825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.