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1005 Chesapeake Ave

Chesapeake, VA 23324
  • $400,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: 10613422
$400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1910

School Information

Elementary School:
Middle School:
High School:

Description

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.

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www.elgproperties.com/homes/171392964
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1005 Chesapeake Ave Chesapeake, VA 23324

  • Price: $400,000
  • Status: Active
  • On Site: 35 Days
  • ID#: 10613422
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1910
Built
Neighborhood:
All Others Area 31
Area:
31 - Central Chesapeake
Elementary School:
Rena B. Wright Primary
Middle School:
Oscar Smith Middle
High School:
Oscar Smith
Property Description
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.
Exterior Features

Construction ConcreteFrame Exterior Siding BrickVinyl Foundation Type CrawlSlab Garage YN No Parking LotStreet Roof Asphalt Shingle

Interior Features

Cooling Central Air Flooring Type CarpetLaminate/LVP Furnished YN No Heating ElectricNat Gas Water Heater Type Electric

Property Features

Apartment Type Other Contingency Exists Non Contingent Disclosure Disclosure Statement Neighborhood Name SOUTH NORFOLK Ownership Type Simple Possession SETTLE School Other Truitt Intermed. Tax Amount Approx 3402 Utilities City SewerCity WaterElectric Zoning B5

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