Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

814 W 37th St 5,113 SF Health Care Building Offered at $475,000 in Norfolk, VA 23508

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Fully operational assisted living business included in sale.
  • Features a commercial kitchen, spacious dining and day rooms.
  • Private, fenced property near transit, shopping, and medical hubs.
  • Two-story brick building with 16 bedrooms and 10 private baths.
  • Includes administrative offices and a complete nurses station.

EXECUTIVE SUMMARY

Property is being sold with the complete business. Check out this great business deal! Fully Operational Assisted Living Facility, this 2 story all brick building includes 16 bedrooms, 10 Private bathrooms, Large day-room/living-room and large Dining room complete with a fully commercial Kitchen with a spacious pantry. Building also boasts administrative offices along with a complete Nurses Station. Residents enjoy a large enclosed porch for relaxation. On street parking as well as property is completely enclosed by a chain link fence. This very private setting has great neighbors, close to major transit, shopping, medical offices and medical facilities. Seller wants this entire transaction process to be private and handled discreetly so not to upset the residents or staff. Seller is willing to stay on for no more than 90 days as a consultant to assist in transition period.

PROPERTY FACTS Under Contract

Price $475,000
Price Per Bed $29,688
Sale Type Investment
Sale Conditions
1031 Exchange
  • Business Value Included
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.30 AC
Building Size 5,113 SF
No. Beds 16
No. Stories 2
Year Built 1954
Parking Ratio 4.89/1,000 SF
Opportunity Zone Yes
Zoning IN-1 - Assisted livingi

AMENITIES

  • Controlled Access
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82044300
Land Assessment
$178,800
Improvements Assessment
$223,700
Total Assessment
$402,500
  • Listing ID: 37684787

  • Date on Market: 9/15/2025

  • Last Updated:

  • Address: 814 W 37th St, Norfolk, VA 23508

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}