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Fort Tar Lofts offers excellent value, strong amenities, and a highly convenient location, with excellent accessibility as a notable feature. It also stands out for nearby schools and a large photo gallery that helps renters preview the property, while its surroundings support social life and fitness and wellness with many dining, cultural, grocery, and workout options nearby.
Things you’ll love
Great for
| Fort Tar Lofts - 100 | Room | 2 bath | 2,950 sqft | $6,500 /mo | Prime Office/Retail Opportunity – Fort Tar Lofts, Downtown Norfolk Discover a unique investment and leasing opportunity at the corner of Monticello Avenue & Fort Tar Lane in the heart of downtown Norfolk! *Property Highlights* - 2,950 SF office/retail space available – beautifully built-out, turn-key medical office. - 12,950 SF mixed-use building – featuring three studio apartments, eight 1BR/1BA units, two 2BR/1BA units, plus commercial space. - Unbeatable location – directly across from Cedar Grove Parking Lot. - Excellent accessibility – less than 1 mile from I-264 on/off ramps, downtown Norfolk, and TCC (Norfolk campus); under 2 miles from Norfolk State University & EVMS (Eastern Virginia Medical School). - High traffic counts – over 22,969 vehicles per day along Monticello Avenue. - Whether you're seeking vibrant retail visibility, a modern office setting, or a mixed-use investment in one of Norfolk's most dynamic areas, Fort Tar Lofts offers it all. Don't miss this rare opportuni |
Let's explore this property.
Apartment Amenities
| Trash Included |
Building
| Elevator |
Grounds
| Garage Parking |
One-time.
One-time.
Garage Parking
Questions about this property’s policies and fees?
| Units | 1 |
|---|
Prime Office/Retail Opportunity – Fort Tar Lofts, Downtown Norfolk Discover a unique investment and leasing opportunity at the corner of Monticello Avenue & Fort Tar Lane in the heart of downtown Norfolk! *Property Highlights* - 2,950 SF office/retail space available – beautifully built-out, turn-key medical office. - 12,950 SF mixed-use building – featuring three studio apartments, eight 1BR/1BA units, two 2BR/1BA units, plus commercial space. - Unbeatable location – directly across from Cedar Grove Parking Lot. - Excellent accessibility – less than 1 mile from I-264 on/off ramps, downtown Norfolk, and TCC (Norfolk campus); under 2 miles from Norfolk State University & EVMS (Eastern Virginia Medical School). - High traffic counts – over 22,969 vehicles per day along Monticello Avenue. - Whether you're seeking vibrant retail visibility, a modern office setting, or a mixed-use investment in one of Norfolk's most dynamic areas, Fort Tar Lofts offers it all. Don't miss this rare opportunity — schedule a tour today!
How Fort Tar Lofts compares to other nearby properties.
Positives
| Month | Median Rent |
|---|---|
| June 2024 | $1,331 |
| July 2024 | $1,261 |
| August 2024 | $1,221 |
| September 2024 | $1,295 |
| October 2024 | $1,358 |
| November 2024 | $1,330 |
| December 2024 | $1,348 |
| January 2025 | $1,284 |
| February 2025 | $1,070 |
| March 2025 | $1,062 |
| April 2025 | $1,120 |
| May 2025 | $1,333 |
| June 2025 | $1,378 |
| July 2025 | $1,384 |
| August 2025 | $1,379 |
| September 2025 | $1,362 |
| October 2025 | $1,372 |
| November 2025 | $1,400 |
| December 2025 | $1,415 |
| January 2026 | $1,476 |
| February 2026 | $1,461 |
| March 2026 | $1,476 |
| April 2026 | $1,453 |
| May 2026 | $1,501 |
| June 2026 | $1,520 |
Can I afford to live at 1001 Monticello Ave?
Bedrooms
RoomRent-to-income ratio
30%
$260,000/yr
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