Jessica Hill

Agent | License ID: 0225252503

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$ 395,000

Est. payment | -/mo

$ 395,000

Est. payment | -/mo

Key Details

Sold Price $395,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision All Others Area 31

MLS Listing ID 10613422

Sold Date 06/15/26

HOA Y/N No

Year Built 1910

Annual Tax Amount $3,402

Property Description

Unique mixed-use asset positioned in the heart of South Norfolk's downtown district, offering both street-level commercial visibility and rear residential income. The front commercial suite features an open, gallery-style layout with updated lighting, modern flooring, and a dedicated restroom—ideal for retail, studio, office, or wellness use. Behind the storefront sits a two-unit residential configuration, each with separate access, providing diversified income streams on one parcel. The rear of the property offers off-street parking, fenced outdoor space, and storage sheds, adding functional utility for both tenants and ownership. Exterior features include brick walkways, alley access, and classic neighborhood architecture. Located just minutes from major commuter routes, shipyard access, dining, and shopping, this property blends location, flexibility, and income potential into one versatile investment opportunity.

Location

State VA

County Chesapeake

Area 31 - Central Chesapeake

Zoning B5

Interior

Hot Water Electric

Heating Electric, Nat Gas

Cooling Central Air

Flooring Carpet, Laminate/LVP

Exterior

Parking Features Lot, Street

Utilities Available City Sewer, City Water, Electric

Roof Type Asphalt Shingle

Building

Story 2.0000

Foundation Crawl, Slab

Schools

Elementary Schools Rena B. Wright Primary

Middle Schools Oscar Smith Middle

High Schools Oscar Smith

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

Listed by LPT Realty LLC
Bought with Commonwealth Realty Partners

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(757) 327-8309

jessicahilllpt@gmail.com

1005 Chesapeake AVE Chesapeake, VA 23324