$1,300,000

Prime redevelopment site in thriving downtown Norfolk! Site consists of 2.26 acres, zoned commercial, located on the corner of 7th and Norfolk Ave directly across from the Chamber of Commerce. Currently houses the Salvation Army in an 18,000+ square foot building. Opportunities are endless to transform this property into a vital part of growing downtown Norfolk! Multiple financing incentive opportunities, such as TIF, possibly available. Downtown Norfolk is currently experiencing rapid growth and is opening new restaurants, boutiques and entertainment venues frequently with plans for future growth including the Johnson Park revitalization, North Fork river restoration with mixed use development, partnership with Wayne State College for student housing development, an upscale boutique hotel, one of a kind distillery with event center, multi-million dollar redevelopment at 1st and Norfolk Ave, and more!