805 Park AVE $2,000,000

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    805 Park AVE Norfolk, VA 23504

    Sold
    SOLD 5/21/2021

    $2,000,000

    Market Estimate
    • 14,000 sq. ft.
    • 1.00 Acres
    • Commercial
    • MLS# 10346966
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    Property Details

    Description

    Former assisted living facility plus 5 parcels to the rear, totaling approximately 1 acre. Zoned multifamily! Building includes 21 independent living units, kitchen, cafeteria space, salon. Can be converted to student housing or apartments with cafeteria or deli. Property is located across the street from Norfolk State. Bus stop nearby and light rail stop in close proximity.

    • General Features
      • Utilities City Sewer, City Water
      • Accessibility Elevator, Grab bars
      • Acres Approx 1
      • Year Built Approx 1970
      • Status Sold
    • Building Features
      • Cooling Other
      • Fence No
      • New Construction No
      • Exterior Siding Brick
      • Flooring Type Carpet
      • Heating Forced Hot Air
      • Roof Asphalt Shingle
    • Property Features
      • Area 13 - North Norfolk
      • Waterfront No
      • Parking 51-100 Spcs

    Neighborhood

    23504 (Norfolk) Demographics

    27 Median Age
    5,576 Population Density (per sq. mile)
    24% College Educated
    $28,795 Estimated Median Income
    2,437 Estimated Total Home Owners
    5,117 Estimated Total Renters
    32% / 68% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    22,934 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $216,000 Median Sales Price
    26 Homes Sold
    32 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/25/2021 11:17:04 AM Status Changed Source: Multiple Listing Service New Value: Under Contract
        5/21/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $2,000,000
        Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. ©2021 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN data is a source of the information for compiling the Market Stats by Reliance Network. REIN updates its listings on a daily basis. Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. This application does not include information on all of the properties available for sale at this time. Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: listing photos, open house information. The source of these enhancements are: Listing agent. Data last updated: 6/24/2021 2:50:50 PM

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.