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1836 Church Street
Norfolk, VA 23504
Asking Price
$1.29M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Owner occupant can clear the property within 60-90 days <ul><li><span style="color: rgba(0, 0, 0, 1)">Unique Historical Building in the Railroad District Overlay Zone offering a variety of use types</span></li><li><span style="color: rgba(0, 0, 0, 1)">Federal, State, and Local Opportunity & Enterprise Zone tax incentives and grants available</span></li><li><span style="color: rgba(0, 0, 0, 1)">Adjacent City property of 1+ acres may be available for appropriate redevelopment project</span></li></ul><p></p>
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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559
