Retail For Sale Entire City Block

Highlights:

• 27,672 SF building
• 20 units
• Zoned I-1 & C-2
• Prime Norfolk location
• Ideal for retail investment
• High potential for growth
• Versatile retail possibilities
• Strong 75% occupancy
• Thriving retail market opportunity

Description:

801 East 26th Street offers investors the opportunity to acquire a neighborhood commercial center occupying an entire city block in Norfolk, Virginia. The ±27,672-square-foot property consists of 20 suites leased to a diverse mix of necessity-based retailers, service providers, and automotive users, anchored by a long-standing laundromat and a convenience store whose operators remain committed to the location through long-term lease agreements.

With the property currently 75% occupied and most tenants operating on month-to-month leases, investors are presented with a rare blend of stable income and substantial operational upside. The flexible lease structure allows ownership to strategically increase occupancy, recapture below-market rents, and improve tenant quality while maintaining cash flow from established businesses. This unique combination of long-term anchor tenancy and short-term lease flexibility creates a highly attractive value-add investment opportunity in a supply-constrained urban infill location.


Corner of Leo Street and E. 26th Street with 23,405 VPD

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