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2406 Colley Ave
Norfolk, VA 23517
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Retail Income – Includes a 1,000 SF ground-floor commercial unit currently leased to Slow and Steady Bike and Goods
  • Real estate taxes are abated through 2034, offering significant savings to the future owner
  • Features a state-of-the-art kitchen, spacious living areas, fully upgraded bathrooms, home gym and a private outdoor patio
  • Ideal for those seeking a live/work lifestyle, multi-unit investment strategy, or a hybrid residential and commercial portfolio addition

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,500 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.82
Lot Size
0.13 AC
Zoning
C2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06530000
Land Assessment
$119,700
Improvements Assessment
$491,200
Total Assessment
$610,900
  • Listing ID: 36594217

  • Date on Market: 7/3/2025

  • Last Updated:

  • Address: 2406 Colley Ave, Norfolk, VA 23517

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