The Mercer Building

For Sale

740-742 West Princess Anne Road, Norfolk, VA 23517

This Norfolk property for sale is located at 740-742 West Princess Anne Road. The current listed sale price for The Mercer Building is $2,400,000. The Mercer Building is situated on a lot that is 0.16 acre in size.

Contacts

Ben Leon

S.L. Nusbaum Realty Co.

Property Details

  • Property Type Multi-Family
  • Property Size 16,344 SF
  • Units 8
  • Lot Size 0.16 Acre
  • Year Built 1919
  • Date Updated Jun 9, 2026
Located in the sought after Ghent submarket.The Mercer Apartment complex is an 8-unit multifamily complex located near the intersection of West Princess Anne Road and Colley Avenue in Norfolk in the sought after Ghent submarket. With close proximity to Downtown Norfolk, Norfolk General Hospital, EVMS, and CHKD, this property makes for an ideal investment property which consistently attracts a wide range of professional services/medical related tenants.
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Highlights

  • Central air
  • In-unit washer and dryer
  • Large 2-bed, 2-bath units (1,650 SF)
  • Off-street parking
  • Recent capital improvements

Getting around

  • 87/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Norfolk, VA
  • Neighborhood Ghent
  • Zip Code 23517
  • Market Richmond Tidewater

Points of Interest

  • EVMC/Fort Norfolk

    0.56 miles

  • York Street/Freemason

    0.88 miles

  • Monticello

    1.14 miles

  • MacArthur Square

    1.37 miles

  • Beazley

    1.47 miles

  • Goode

    1.49 miles

  • Civic Plaza

    1.57 miles

  • Harbor Park

    1.88 miles

  • Norfolk

    1.98 miles

  • NSU

    2.12 miles

  • Miller's

    0.76 miles

  • Exxon

    0.76 miles

  • 7-Eleven

    1.04 miles

  • bp

    1.35 miles

  • Citgo

    1.46 miles

  • Shell

    1.55 miles

  • Wawa

    2.02 miles

  • Tesla Supercharger

    4.41 miles

  • Electric Vehicle Charging Station

    7.44 miles

  • ChargePoint

    7.67 miles

  • Visitor Parking Lot

    0.45 miles

  • Outpatient / ED Parking

    0.47 miles

  • Fort Norfolk

    0.70 miles

  • HRT Parking Deck

    0.87 miles

  • York Street Garage

    0.95 miles

  • Freemason Street Garage

    1.10 miles

  • L-40

    1.11 miles

  • Bank Street Garage

    1.17 miles

  • Lot 50

    1.17 miles

  • Lot V3

    1.18 miles

  • Residence Inn Norfolk Downtown

    0.91 miles

  • Wyndham Garden Norfolk Downtown

    1.00 miles

  • The James Apartments

    1.11 miles

  • Glass Light Hotel & Gallery, Autograph Collection

    1.27 miles

  • SpringHill Suites Norfolk Old Dominion University

    1.36 miles

  • Hilton Norfolk The Main

    1.38 miles

  • Courtyard Norfolk Downtown

    1.45 miles

  • Norfolk Waterside Marriott

    1.46 miles

  • Sheraton Norfolk Waterside Hotel

    1.61 miles

  • National at Harbor Towers

    1.85 miles

  • Harris Teeter

    0.33 miles

  • ALDI

    0.41 miles

  • The Fresh Market

    0.46 miles

  • Food Lion

    0.56 miles

  • Macarthur Center

    1.26 miles

  • Dillard's

    1.30 miles

  • Berkley Supermarket

    2.56 miles

  • Walmart Neighborhood Market

    2.90 miles

  • Kroger

    3.38 miles

  • Coast Guard Exchange

    3.43 miles

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