Norfolk, VA Office Properties For Sale

 14
  • Jason Loizou
930 Jett St
Norfolk, VA 23502
$350,000 USD
1,520 SF
9.03% Cap Rate
        
1,520 SF
$350,000 USD
Daycare Center
 3
  • Bryan Gilpin
111 Pennsylvania Ave
Norfolk, VA 23504
$525,000 USD
2,121 SF
        
2,121 SF
$525,000 USD
Office
 2
  • Frank Thomas
227 W York St
Norfolk, VA 23510
$1,100,000 USD
6,700 SF
        
6,700 SF
$1,100,000 USD
Storefront
 39
  • Josh Fulton
211 W Freemason St
Norfolk, VA 23510
$1,095,000 USD
4,925 SF
        
4,925 SF
$1,095,000 USD
Office Residential
 3
  • Ricky Anderson
  • Tyler Brooks
1208 E Little Creek Rd
Norfolk, VA 23518
$700,000 USD
3,650 SF
        
3,650 SF
$700,000 USD
Office
 6
  • Ricky Anderson
  • Drew Ott
1290 Diamond Springs Rd
Virginia Beach, VA 23455
$1,100,000 USD
4,088 SF
        
4,088 SF
$1,100,000 USD
Medical
 5
  • Michael Roach
425 W 20th St
Norfolk, VA 23517
$324,900 USD
2,040 SF
1 Unit
        
2,040 SF
$324,900 USD
Medical
 8
  • J.C. Wynkoop
1682 Church St
Norfolk, VA 23504
$975,000 USD
4,725 SF
        
4,725 SF
$975,000 USD
Medical
 24
  • Lindsay Himelright
  • Clark Baldwin
240 Corporate Blvd
Norfolk, VA 23502
$13,500,000 USD
94,027 SF
        
94,027 SF
$13,500,000 USD
Office
 17
  • Jason Gribin
  • Tucker Massura
  • Kaveh Ebrahimi
9650 Shore Dr
Norfolk, VA 23518
$2,950,000 USD
10,235 SF
6.12% Cap Rate
        
10,235 SF
$2,950,000 USD
Veterinarian Kennel
 8
  • Ben Leon
  • Pierce Jacobson
251 Granby St
Norfolk, VA 23510
$1,990,000 USD
11,000 SF
        
11,000 SF
$1,990,000 USD
Office
 9
  • Charles Kirkwood
4515 Colley Ave
Norfolk, VA 23508
$373,000 USD
3,000 SF
        
3,000 SF
$373,000 USD
Restaurant
 4
  • Peter Abraham
233 Business Park Dr
Virginia Beach, VA 23462
$3,100,000 USD
18,832 SF
        
18,832 SF
$3,100,000 USD
Office
 8
  • Chris Kieran
  • Donald Crigger
  • Patrick Gill
  • Greg DeLuca
5900 Lake Wright Dr
Norfolk, VA 23502
Price Upon Request
80,730 SF
        
80,730 SF
Price Upon Request
Medical
 9
  • Rob Wright
5741 Cleveland St
Virginia Beach, VA 23462
$286,000 USD
1,100 SF
1 Unit
        
1,100 SF
$286,000 USD
Medical
 13
  • Chanda Chann
1005 Chesapeake Ave
Chesapeake, VA 23324
Price Upon Request
3,050 SF
        
3,050 SF
Price Upon Request
Office Residential
 3
  • Josh Fulton
600 Crawford St
Portsmouth, VA 23704
Price Upon Request
21,375 SF
        
21,375 SF
Price Upon Request
Medical
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Norfolk Office Properties For Sale

Norfolk, Virginia, is a prime location for investing in Office Properties, with a strong economy driven by maritime activities, defense contracting, cargo ports, and tourism. With 17 Office Properties available for sale, investors have a wide range of options to choose from. Office Properties in Norfolk can represent a diverse range of investments, from Class A office buildings to smaller, more specialized spaces. These properties offer a unique opportunity to tap into the city's growing economy, with amenities such as Sentara Norfolk General Hospital, Sentara Leigh Hospital, and the Norfolk International Airport nearby. Norfolk's strategic location along the Elizabeth River and Chesapeake Bay has historically made it a vital military and transportation point, and its rich architectural history has contributed to its diverse cityscape. The city's infrastructure, including water and sewer services, electricity, natural gas distribution, and wastewater services, supports a strong business environment.

Norfolk's Office Properties are situated in a city that is home to several education institutions, including Old Dominion University, Eastern Virginia Medical School, and Norfolk State University. The city's major amenities, such as the Norfolk Botanical Garden, Virginia Zoo, and Town Point Park, make it an attractive location for businesses and residents alike. In addition to Office Properties, Norfolk also offers Commercial Real Estate, Apartment Buildings, Shopping Centers, and Hotels for sale. The city's Commercial Real Estate market is driven by its strong economy and strategic location, while Apartment Buildings offer a unique opportunity to tap into the city's growing rental market. Shopping Centers in Norfolk provide a hub for retail activity, and Hotels cater to the city's thriving tourism industry. With its diverse range of properties and strong economy, Norfolk is an attractive location for investors looking to invest in Office Properties or other types of commercial real estate.

What is the average price per square foot for office properties in Norfolk?

The average price per square foot for office properties in Norfolk is $204 USD per square foot, with 17 available listings ranging in size from 15,934 square feet to 94,027 square feet, offering a diverse range of options for investors and businesses alike.

What should I know about office property classifications (Class A, B, C)?

When searching for office properties for sale in Norfolk, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.

  • Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, often attracting top-tier tenants and commanding the highest rents.
  • Class B office properties offer functional space with standard amenities, decent locations, and average finishes, appealing to a broader range of tenants and providing a balance between quality and affordability.
  • Class C office properties are often older, less desirable buildings with limited amenities, located in less prominent areas, and may require renovation, but can offer affordable options for startups or small businesses.
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