For Sale
$1,395,000

731 Granby StNorfolk, VA 23510

Turnkey Norfolk Business Opportunity

Overview

Added:
Feb 3
Days on market:
60
This exquisite, meticulously renovated commercial building at 731 Granby Street in Norfolk, VA, presents a truly exceptional turnkey investment opportunity. Boasting captivating elegance and timeless charm, this property underwent a complete transformation in 2017. The renovation included a brand-new bar, walls, mezzanine level, updated light fixtures, completely remodeled bathrooms, a new kitchen, and comprehensive upgrades to the electrical, plumbing, HVAC systems, and roofing. Even the finer details were considered, with new tables, chairs, bar stools, and floor lighting included. This harmonious blend of modern design and classic sophistication creates a space that is both inviting and functional. Currently occupied by established tenants, this property offers immediate income potential. Situated on a 0.07-acre lot, the building's prime location in Norfolk benefits from the ongoing development of the Greyhound Bus station into a residential complex with over 200 units, promising increased foot traffic and potential for future growth. This is a rare chance to acquire a high-quality, income-producing commercial property in a vibrant and rapidly developing area. The asking price is $1,395,000. Serious inquiries only.

Property Details for 731 Granby St

Property type
Year Built
1916
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Norfolk
County
NORFOLK
State
Virginia
Latitude
36.85531
Longitude
-76.2888
731 Granby St, Norfolk, Virginia

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731 Granby St
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