3351 Chesapeake Boulevard

Norfolk, VA 23513

Listing ID: 214450
$370,000
For Sale
  • Property Type Retail : Free Standing Building
  • Lot Size Acres 0.305
  • Building Sq Ft 2,600
  • Building Price per Sq Ft $142.31
  • Land Sq Ft 13,285
  • Land Price per Sq Ft $27.85
Description

2,600 SF commercial building on 0.3054 acre. 2,100 SF restaurant perfect for owner/user. 500 SF nail salon providing additional in-place income. High-volume traffic on Chesapeake Boulevard. Ample parking. Fresh exterior and interior remodel, recently tiled floors in restrooms, updated fire suppression system, walk-in cooler, new countertops and front lounge area, to-go entrance, and new water heater. HVAC system, walk-in cooler, electrical and plumbing (supply lines, drain lines and fixtures) guaranteed to be in good working order. BRAND NEW DOLLAR GENERAL NOW OPEN ACROSS THE STREET! $9,000 buyer improvement allowance available.

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population19,880140,784336,791
Population Median Age383636
Population by Age0-9 Yrs2425 (12%)16943 (12%)42533 (12%)
10-19 Yrs2177 (10%)17236 (12%)39341 (11%)
20-29 Yrs3197 (16%)29849 (21%)75239 (22%)
30-39 Yrs3178 (15%)20826 (14%)49007 (14%)
40-49 Yrs2682 (13%)14729 (10%)35043 (10%)
50-59 Yrs2644 (13%)16276 (11%)38564 (11%)
60-69 Yrs1957 (9%)13810 (9%)32033 (9%)
70+ Yrs1621 (8%)11115 (7%)25030 (7%)
Median HH Income$50,156$49,919$54,615
Total Household Income< 24K1583 (21%)14465 (27%)28139 (22%)
25-49K2084 (28%)12297 (23%)29850 (23%)
50-74K1481 (20%)10114 (18%)24850 (19%)
75-99K1031 (14%)6141 (11%)16031 (12%)
100-199K1068 (14%)8486 (15%)21751 (17%)
200K+113 (1%)1955 (3%)5680 (4%)
Highest Education LevelNo Diploma21361227024732
Diploma or GED46992435054193
Some College32542212154256
Assoc. Degree1452717518408
Bachelors Degree16491540337956
Higher Degree7431026025741
Total Housing Units8,15959,195139,554
--Owner-Occupied4,33823,40859,170
--Renter-Occupied3,02230,05067,131
Owner-Occupied Values< 100K41715104036
100-199K2673995022399
200-299K1023704318264
300-399K9723566440
400-499K5111243319
500K+7714264711
Total Working Age Population16,016114,659273,135
In Work Force10,95375,810187,631
Not In Work Force5,06338,84885,504
Workforce Employed9,50064,845151,069
Workforce Unemployed8225,90411,636
Civlian Workforce10,32270,750162,705
Military Workforce6315,06024,926
Total Households7,36053,458126,301
Family Households4,68430,66174,277
Non-Family Households2,67622,79752,024
Married Couple2,64317,66646,217
Other Family2,04112,99528,061
Married w/Child9386,47618,142
Single Male w/Child2951,0963,242
Single Female w/Child7255,88812,372

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Virginia7,078,515+138,001,024+88,655,021+89,331,666
Chesapeake city199,184+12222,209+12249,244+9270,506
Hampton city146,437-6137,436-1135,530-6127,842
Norfolk city234,403+4242,803+2246,881+1249,889
Portsmouth city100,565-595,535-195,027-590,715
Virginia Beach city425,257+3437,994+4457,699+2467,187

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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