Norfolk, VA Commercial Real Estate for Lease and Sale

Explore 150 listings of Norfolk commercial real estate to find the best space for your business.

Flex/Industrial Building

1554 Juniper Street, Coleman Place, Norfolk, VA
Property

Industrial

11,648 SF
Availability

1 Space

11,648 SF
Year Built

1965
For Lease Contact for pricing
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2406 Colley Ave

2406 Colley Ave, Kensington - Old Dominion, Norfolk, VA
Property

Office

4,507 SF
Year Built

1928
For Sale

$975,000
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8-Unit Multifamily Portfolio

2400 Ballentine Blvd, 3218 & 3224 Flanders Ave., Ballentine Place, Norfolk, VA
Property

Multi-Family

5,126 SF
Year Built

1940
For Sale

Subject to Offer
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Flex Showroom For Lease

2500 Church St, Villa Heights, Norfolk, VA
Property

Industrial

15,000 SF
Availability

1 Space

8,300 SF
Year Built

1906
For Lease

$13.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
Railyard at Lambert's Point

Hampton Boulevard & 25th Street, Lamberts Point, Norfolk, VA
Property

Retail
Availability

1 Space

7,169 SF
For Lease Contact for pricing
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E. Freemason Street & St. Paul's Boulevard

St Pauls Blvd, Downtown Norfolk, Norfolk, VA
Property

Retail
Availability

1 Space

45,000 SF
For Lease Contact for pricing
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6542 E Virginia Beach Blvd

6542 E Virginia Beach Blvd, Hollywood Homes - Maple Hall, Norfolk, VA
Property

Retail

22,100 SF
For Sale

$1,750,000.00 ($79.19 PSF)
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Flex Warehouse with Fenced Stabilized Yard

744 E 25th St, Villa Heights, Norfolk, VA
Property

Retail

7,174 SF
Availability

1 Space

7,174 SF
Year Built

1954
For Lease

$12.00/SF/YR
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Dominion Tower
Regus
999 Waterside Drive #2525 & 2600, Norfolk, VA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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834 44th St

834 44th St, Highland Park, Norfolk, VA
Property

Mixed Use

17,270 SF
Availability

1 Space

1,800 SF
Year Built

1961
For Lease

$16.33/SF/YR
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500 East Main Street
Gather
500 East Main Street, Norfolk, VA
Services

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Cookies

Flavor infused water

Free water

High-speed wifi

Mail services

Mother’s room

Podcast room

Privacy booths

Shower
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3574 Argonne Avenue

3574 Argonne Avenue, Fairmount Park, Norfolk, VA
Property

Industrial

14,601 SF
Availability Contact for availability
Year Built

1970
For Lease Contact for pricing
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Broad Creek Shopping Center

1261 North Military Highway, Crown Point, Norfolk, VA
Property

Retail

382,526 SF
Availability

3 Spaces

5,210 SF
For Lease Contact for pricing
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400 Granby Street
Assembly
400 Granby Street, Norfolk, VA
Services

Open Workspace

Event Space

Meeting Room

Private Office

Dedicated Desk
Amenities

A/V equipment

Bike sharing

Bike storage

Complimentary coffee & tea

Game room

High-speed internet

High-speed wifi

Kitchen

Library

Mail services
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Wells Fargo Center
Office Space & Solutions
440 Monticello Avenue #1800, Norfolk, VA
Services

Meeting Room

Private Office
Amenities

Directory listing

High-speed internet

High-speed wifi

IT support

Lounge area

Mail services

Office furniture

Printer

Receptionist/Secretarial services
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Office Space!
Chesapeake Virtual Offices & Co-working
1216 East Little Creek Road, Norfolk, VA
Services

Private Office
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259 Granby Street
Percolator
259 Granby Street #250, Norfolk, VA
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Cleaning services

Complimentary coffee & tea

Free water

Gym membership

High-speed internet

High-speed wifi

Lockable filing cabinets

Lockers

Mail services

Printer
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Innovation Research Park I

4111 Monarch Way, Larchmont - Edgewater, Norfolk, VA
Property

Office
Availability

1 Space

1,515 SF
Year Built

2007
For Lease Contact for pricing
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Norfolk Commerce Park II

5301 Robin Hood Road, Foxhall, Norfolk, VA
Property

Office
Availability

1 Space

14,477 SF
For Lease Contact for pricing
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716 Cecelia St

716 Cecelia St, Central Brambleton, Norfolk, VA
Property

Industrial

2,000 SF
Availability

1 Space

2,000 SF
For Lease

$3,000.00/MO
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5803 Curlew Drive

5803 Curlew Drive, River Forest Shores - Wayside Manor - Easton Place, Norfolk, VA
Property

Industrial

37,128 SF
For Sale

$5,500,000
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150 West Main Street

150 W Main St, Downtown Norfolk, Norfolk, VA
Property

Office
Availability

1 Space

4,220 SF
Year Built

2002
For Lease Contact for pricing
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Wards Corner Shoppes

7627 Granby St, Wards Corner, Norfolk, VA
Property

Retail

3,558 SF
Availability

1 Space

3,558 SF
Year Built

1949
For Lease

$19.00/SF/YR
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5595 Raby Road

5595 Raby Road, Crown Point, Norfolk, VA
Property

Industrial

120,919 SF
Availability

1 Space

14,400 SF
Year Built

1964
For Lease Contact for pricing
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2591 Tidewater Drive

2591 Tidewater Dr, Lafayette - Winona, Norfolk, VA
Property

Retail
Availability

1 Space

1,520 SF
For Lease Contact for pricing
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5578 Sabre Road

5578 Sabre Road, Crown Point, Norfolk, VA
Property

Industrial

31,765 SF
Availability

1 Space

31,765 SF
For Lease Contact for pricing
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The Smithfield Building

6160 Kempsville Cir, Newtown South, Norfolk, VA
Property

Office
Availability

1 Space

16,318 SF
Year Built

1987
For Lease Contact for pricing
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830 W. 21st Street

830 W. 21st Street, Ghent, Norfolk, VA
Property

VacantLand

0.31 Acre
For Sale

$850,000
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Aldi Surplus

730 W 21st Street, Ghent, Norfolk, VA
Property

Retail
Availability

1 Space

12,832 SF
For Lease Contact for pricing
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Wedgewood Plaza

1817 E Little Creek Rd, Larrymore Lawns, Norfolk, VA
Property

Retail
Availability

1 Space

137,834 SF
For Lease Contact for pricing
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21 West Shopping Center

520 W 21st St, Ghent, Norfolk, VA
Property

Retail

39,338 SF
Availability

1 Space

2,517 SF
Year Built

2004
For Lease

$32.00/SF/YR
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Gateway II

2550 Ellsmere Avenue, Foxhall, Norfolk, VA
Property

Office
Availability

1 Space

42,997 SF
Year Built

1983
For Lease Contact for pricing
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5812 Poplar Hall Dr

5812 Poplar Hall Dr, Military Circle, Norfolk, VA
Property

Retail

1,325 SF
Availability

1 Space

1,325 SF
Year Built

2009
For Lease

$2,300.00/MO
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7601-7605 Merritt St

7601 Merritt St, Oakwood, Norfolk, VA
Property

VacantLand

0.52 Acre
For Sale

$225,000
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Monarch Way at ODU

4100-4502 Monarch Way, ODU Village, Norfolk, VA
Property

Retail

49,875 SF
Availability

3 Spaces

7,825 SF
For Lease Contact for pricing
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Amelia Building

885 Kempsville Rd, Newtown South, Norfolk, VA
Property

Office
Availability

1 Space

6,286 SF
Year Built

1999
For Lease Contact for pricing
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Office for Sublease in Ghent

500 W 21st St, Ghent, Norfolk, VA
Property

Office
Availability

1 Space

5,102 SF
For Lease Contact for pricing
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2215 E Indian River Rd

2215 E Indian River Rd, Oak Leaf Forest, Norfolk, VA
Property

VacantLand

5 Acre
Availability

1 Space

5 Acre
Year Built

2004
For Lease

$5,000.00/Acre/MO
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Town Point Center

150 Boush Street, Downtown Norfolk, Norfolk, VA
Property

Office

132,583 SF
Availability

8 Spaces

36,410 SF
For Lease

$24.95/SF/YR
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Prime Downtown Norfolk Office Space

200 College Pl, Freemason, Norfolk, VA
Property

Office
Availability

1 Space

1,600 SF
For Lease Contact for pricing
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6450 N Military Hwy

6450 N Military Hwy, Meadowbrook Forest - Hunt Club, Norfolk, VA
Property

VacantLand

1 Acre
Availability

1 Space

1 Acre
For Lease Contact for pricing
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2701 Saint Julian Avenue

2701 Saint Julian Avenue, Roberts Village, Norfolk, VA
Property

Industrial

39,914 SF
Availability

1 Space

39,914 SF
Year Built

1961
For Lease

$6.95 - $7.50/SF/YR
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1200-1280 North Military Hwy

1200 North Military Hwy, Janaf, Norfolk, VA
Property

Retail

120,812 SF
Availability

1 Space

12,578 SF
Year Built

1979
For Lease

$3.87/SF/MO
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Military Crossing

5957 E Virginia Beach Blvd, Military Circle, Norfolk, VA
Property

Retail
Availability

1 Space

192,000 SF
For Lease Contact for pricing
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624 W 24th St

624 W 24th St, Park Place, Norfolk, VA
Property

VacantLand
For Sale

$116,000
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East Beach Marketplace

4017 E Little Creek Rd, Camellia Shores, Norfolk, VA
Property

Retail
Availability

1 Space

153,098 SF
For Lease Contact for pricing
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6464 Hampton Blvd

6464 Hampton Blvd, Larchmont - Edgewater, Norfolk, VA
Property

Retail

12,860 SF
Year Built

1952
For Sale

$3,000,000
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Waterside District

333 Waterside Drive, Downtown Norfolk, Norfolk, VA
Property

Retail

150,000 SF
Availability

6 Spaces

38,107 SF
Year Built

1983
For Lease Contact for pricing
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301 West 24th Street

301 West 24th Street, Park Place, Norfolk, VA
Property

Industrial

25,707 SF
Availability

1 Space

25,707 SF
Year Built

1946
For Lease

$10.00/SF/YR
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981 Scott Street

981 Scott Street, Ingleside, Norfolk, VA
Property

Industrial

42,567 SF
Availability

1 Space

18,300 SF
Year Built

1962
For Lease

$10.50/SF/YR
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Ocean View Shopping Center

131-199 West Ocean View Ave., West Ocean View, Norfolk, VA
Property

Retail

73,658 SF
Availability

5 Spaces

16,800 SF
For Lease Contact for pricing
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155 Granby Street

155 Granby Street, Downtown Norfolk, Norfolk, VA
Property

Retail

1,973 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Norfolk commercial real estate market incorporates 2,172,214 square feet of office space across 54 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Norfolk, the coworking segment of the commercial real estate market incorporates about 1,332 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Norfolk commercial real estate market includes 2,293,471 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Norfolk market, there is a total of 1,357,654 square feet of industrial property.

The listing inventory in Norfolk incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Norfolk is represented by Industrial space, which accounts for 1,156,796 square feet of available listings. Retail space available in Norfolk adds up to 1,122,400 square feet.

Meanwhile, most of the listings of commercial property for sale in Norfolk are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Norfolk is $20.36 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Norfolk can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $27.21 per square foot, industrial space in Norfolk saw average rents of $10.19 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Norfolk, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Norfolk is in the Downtown Norfolk neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Norfolk area.

Meanwhile, retail space opportunities are most abundant in the Downtown Norfolk submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Norfolk Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $46.44 per square foot. In particular, the property type commanding the highest lease rates in Norfolk was Office space.

Conversely, the highest sale price last year was $5,350,000 that is located at 500 East Plume Street.

The average size of a commercial property in Norfolk depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Norfolk, the average size of an office property is 77,580 square feet.
Retail properties here incorporate an average of 71,671 square feet.
Industrial space in Norfolk is in buildings that are, on average 59,029 square feet in size.

Norfolk, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Norfolk currently add up to 5,104,281 square feet. The market offers 44 active office listing(s), which amount to 804,710 square feet and account for 38% of commercial spaces on the market. Local retail availability includes 1,139,636 square feet across 39 retail space(s). Industrial space for rent opportunities in Norfolk amount to 1,156,796 square feet across a total of 23 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	44	804,710
Retail	39	1,139,636
Industrial	23	1,156,796
Other	7	2,003,139

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Norfolk, VA. Currently, there is 443,906 square feet of commercial property for sale here , which includes 11 office building(s) for sale , 7 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	11	177,032
Retail	7	135,141
Industrial	5	102,076
Other	10	29,657

Norfolk, VA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Norfolk, VA?

What factors affect the price of commercial real estate in Norfolk, VA?

What is the average rent for commercial space in Norfolk, VA?

What are the best areas for commercial real estate in Norfolk, VA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Norfolk, VA?

Norfolk, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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