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1901 E Ocean View Ave 7,020 SF Vacant Retail Building Norfolk, VA 23503 For Sale
INVESTMENT HIGHLIGHTS
- Suitable for brewery, taproom, restaurant, distillery, or creative commercial reuse with open floor plans and industrial-style finishes.
- Growing and affluent trade-area with over 150,000 people living within 5 miles of the property, earning over $95,000/yr.
- Located within 3-miles of East Beach, the 100 acre $450M award winning 700 unit residential development.
- Formerly a bank, the Property provides many high-end finishes and build-out elements consistent with the growing affluent demographics.
- Located within 3-miles of Naval Station Norfolk, the largest naval base in the world, with ~149k military personnel and civilian contractors.
- One block from the Chesapeake Bay in the Ocean View corridor, offering strong visibility and steady residential and visitor traffic.
EXECUTIVE SUMMARY
Colliers is pleased to present the opportunity to acquire 1901 E Ocean View Avenue (the “Property”). The Property presents a unique opportunity to acquire a fully built-out brewery facility in a high-visibility coastal corridor of Norfolk, VA. Located just one block from the Chesapeake Bay and surrounded by a growing mix of residential, commercial, and hospitality development. The Property provides a strategic location with strong demographic momentum, flexible layout options, and the rare advantage of existing production-ready infrastructure.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,020 SF
Building Class
B
Year Built/Renovated
2006/2019
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.17
Lot Size
0.96 AC
Zoning
C-2
Parking
37 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Waterfront
- Drive Thru
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 7,020 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 7,020 SF | Retail | - | Now |
1st Floor
| Size |
| 7,020 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $965,500 | |
| Land Assessment | $547,700 | Total Assessment | $1,513,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$547,700
Improvements Assessment
$965,500
Total Assessment
$1,513,200
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1901 E Ocean View Ave
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