
Listed by Real Estate Solutions Team
$949,500
128/130 S 5th St
Details
APN 2025
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Multifamily
Marketing description
Opportunity meets stability in the heart of downtown Norfolk. The historic Mohawk Building at 128/130 S 5th Street offers a fully occupied mixed-use investment property with a proven income stream and a strong tenant mix already in place. The property features three fully leased commercial spaces along with five fully rented residential units, including a studio apartment. The residential units are all-electric, providing simplified utility management and attractive efficiency for tenants. Commercial occupants benefit from access to a shared common restroom area, helping maximize rentable space throughout the building. One of the property's unique features is the rooftop area, offering both a patio space and additional flexible-use area that could serve as a tenant lounge, workout space, entertainment area, or gathering spot. This added amenity helps distinguish the property and enhances its long-term appeal. Positioned in Norfolk's vibrant downtown district, the Mohawk Building combines strong occupancy, diversified income sources, and a location that continues to attract both residential and commercial tenants. Whether you're expanding an existing portfolio or seeking a dependable turnkey investment, this property offers the stability, character, and income-producing potential investors are looking for. A rare opportunity to acquire a fully leased downtown asset with immediate cash flow and long-term upside.
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Listed by Real Estate Solutions Team
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Zoning
C-2 CommercialCore CommercialCentral Business District
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View all 26 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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