Unique mixed-use asset positioned in the heart of South Norfolk'??s downtown district, offering both street-level commercial visibility and rear residential income. The front commercial suite features an open, gallery-style layout with updated lighting, modern flooring, and a dedicated restroom'??ideal for retail, studio, office, or wellness use. Behind the storefront sits a two-unit residential configuration, each with separate access, providing diversified income streams on one parcel. The rear of the property offers off-street parking, fenced outdoor space, and storage sheds, adding functional utility for both tenants and ownership. Exterior features include brick walkways, alley access, and classic neighborhood architecture. Located just minutes from major commuter routes, shipyard access, dining, and shopping, this property blends location, flexibility, and income potential into one versatile investment opportunity.
Hurry to see a LUCRATIVE Mixed Use Property that is FULLY RENTED and generating exceptional income right now! The very attentive owner of 50 YEARS has skillfully maintained and improved this premium property that features TWO Commercial Spaces + THREE Residential Apartments. The Gross Monthly Rents total $3,825 and there are 5 SEPARATE METERS for the Electricity. The Owner occupies an additional modest office space with half bath and separate entrance. This rare gem is located just off Interstates 464 & 64, and is near the up and coming Poindexter Street corridor of beautiful downtown South Norfolk! The city of Chesapeake's brand new, municipal building and parking garage (under construction) are located just around the corner, and downtown Norfolk is only five minutes away! PRICED TO MOVE, this desirable asset will be a quality addition to any Investor's portfolio! ACT FAST -- Opportunities come and go in life, so COME SEE . . . this one could be YOURS!

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Chesapeake is located in Virginia. Chesapeake, Virginia has a population of 247,172. Chesapeake is less family-centric than the surrounding county with 35.27% of the households containing married families with children. The county average for households married with children is 35.27%.
The median household income in Chesapeake, Virginia is $85,563. The median household income for the surrounding county is $85,563 compared to the national median of $69,021. The median age of people living in Chesapeake is 37.1 years.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 47.4 inches per year, with 5.3 inches of snow per year.