1901 E Ocean View Ave 7,020 SF Retail Building Norfolk, VA 23503 $1,100,000 ($156.70/SF)

This offering presents a rare opportunity to acquire a landmark property in one of Norfolk’s fastest-evolving coastal markets. Positioned along East Ocean View Avenue near Cape View Avenue, the property sits on 0.96 acres within the Ocean View submarket, just steps to public beaches along Chesapeake Bay. The two-story, 7,020 SF buildout features open floor plans, a wraparound porch, wood-frame construction, and 28-foot building height, providing an adaptable space for multiple retail or hospitality concepts.
The surrounding Ocean View corridor is undergoing rapid transformation driven by strong year-round tourism, significant residential development, infrastructure investments, and a growing trend toward walkable, experience-driven retail environments. The property benefits from high visibility with over 205 feet of frontage on East Ocean View Avenue and 198 feet on Cape View Avenue, plus convenient surface parking for 37 vehicles. Proximity to Naval Station Norfolk—the largest naval base globally—ensures a stable local consumer base and dynamic workforce.
Sale price is listed at $1,450,000, inclusive of FF&E. Ideal for breweries, taprooms, restaurants, or other redevelopment uses, this site offers both lifestyle appeal and long-term investment potential.