$395,000

1005 Chesapeake AVE, Chesapeake, VA 23324

Multi-Family Home
Built in 1910
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

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.

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 12:39AM
Listing Office:: LPT Realty LLC : 877-366-2213
Listing Agent:: Jonathan Mironchik :
MLS ID:: 10613422

Flooring: CarpetLaminate/LVP
A/C: Central Air
Heating: ElectricNat Gas

General: BrickVinyl
Parking: LotStreet

Roofing: Asphalt Shingle
General: ConcreteFrame2CrawlSlab

County: Chesapeake VA

Zoning: B5

Utilities: City SewerCity WaterElectric

This listing courtesy of Jonathan Mironchik , LPT Realty LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Rena B. Wright Primary School

600 Park Ave, Chesapeake, VA, 23324

Grades PK-2

0.64 miles away

Oscar Smith Middle School

2500 Rodgers St, Chesapeake, VA, 23324

Grades 6-8

1.18 miles away

Oscar Smith High School

1994 Tiger Dr, Chesapeake, VA, 23320

Grades 9-12

5.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.