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    Norfolk, VA
    Bar & Pub

    Norfolk, VA Bars & Pubs for Sale

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    Two-Story Bar and Pub
    Updated: Apr 9
    Two-Story Bar and Pub

    241 Granby Street, Norfolk, VA 23510

    $1,400,000
    6,400 sqft 0.03 AC lot
    6,400‑square‑foot commercial condominium component
    Two‑story restaurant and bar with an additional mezzanine
    Extensive tap system included
    Long‑term tenant already in place
    Historic Portlock Building, constructed in 1905
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    This listing looks promising.

    Here's a quick look at some key insights for

    241 Granby Street, Norfolk, VA 23510

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $80K
      Annual

    • Price @ 7% Cap

      $1.14M
      Suggested
    View Property Analytics
    Renovated Bar and Pub Building
    Updated: Jun 4
    Renovated Bar and Pub Building

    731 Granby Street, Norfolk, VA 23510

    $1,375,000
    4,132 sqft 0.07 AC lot
    4,132 square feet on 0.07 acres
    Renovated in 2017 with updated bar, kitchen, bathrooms, HVAC, roof, electrical, and plumbing
    Established tenants already in occupancy
    Mezzanine, tables, chairs, bar stools, and floor lighting included
    D‑4 zoning at 731 Granby Street, Norfolk, VA 23510
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    Equipped Conventional Restaurant
    Equipped Conventional Restaurant

    331 E Bayview Boulevard, Norfolk, VA 23503

    $90,000
    2,500 sqft 0.78 AC lot

    Business-only restaurant offering a commercial kitchen, full-service bar, dining room, and private-event space.

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    Fully Equipped Conventional Restaurant
    Fully Equipped Conventional Restaurant

    331 E Bayview Blvd #331, Norfolk, VA 23503

    $90,000
    2,500 sqft

    Business-only offering with a commercial kitchen, bar, dining room, and private-event space.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 4 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Restaurant Business
    Waterfront Restaurant Business

    255 LORE Road, Solomons, MD 20688

    $100,000
    4.93 AC lot

    Operating restaurant business with inventory, FF&E, waterfront access, and shared dock facilities at the leased premises.

    View details
    Historic Mixed-Use Building with Pub
    Historic Mixed-Use Building with Pub

    421 E Franklin St, Richmond, VA 23219

    Contact for pricing
    14,624 sqft

    Mixed-use building offers ground-floor pub space plus 10 renovated residential units above.

    View details
    Mixed-Use Building with Street-Level Retail
    Mixed-Use Building with Street-Level Retail

    1713 E Main St, Richmond, VA 23220

    $1,520,000

    Mixed-use property with ground-level restaurant/bar-ready space and upper-level units for residential, office, or short-term rental use.

    View details
    Solomons Island Road Restaurant & Marina
    Solomons Island Road Restaurant & Marina

    14470 SOLOMONS ISLAND S ROAD, Solomons, MD 20688

    $2,200,000
    0.33 AC lot

    Restaurant, tiki bar, duplexes, and marina on Solomons Island.

    View details

    Off-Market Properties in Norfolk, VA

    Consider similar Off-Market properties in Norfolk, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    111 College Pl
    BAR, TAVERN

    111 College Pl, Norfolk, VA 23510-1907

    $335,000
    Estimated value
    3,270 sqft 0.07 AC lot
    View details
    9300 Chesapeake St
    BAR, TAVERN

    9300 Chesapeake St, Norfolk, VA 23503-1917

    $675,000
    Estimated value
    5,785 sqft 0.07 AC lot
    View details
    931 21st St
    BAR, TAVERN

    931 21st St, Norfolk, VA 23517-1564

    $1,220,000
    Estimated value
    3,307 sqft 0.30 AC lot
    View details
    3930 Princess Anne Rd
    BAR, TAVERN

    3930 Princess Anne Rd, Norfolk, VA 23502-1569

    $325,000
    Estimated value
    6,743 sqft 0.42 AC lot
    View details
    601 Orapax St
    BAR, TAVERN

    601 Orapax St, Norfolk, VA 23507-1319

    $315,000
    Estimated value
    2,513 sqft 0.12 AC lot
    View details
    241 Granby St
    Restaurants

    241 Granby St, Norfolk, VA 23510

    Value Estimation by Request
    6,400 sqft 0.03 AC lot
    View details
    878 Little Crk Rd
    BAR, TAVERN

    878 Little Crk Rd, Norfolk, VA 23518-3740

    $305,000
    Estimated value
    950 sqft 0.14 AC lot
    View details
    846 Little Crk Rd
    BAR, TAVERN

    846 Little Crk Rd, Norfolk, VA 23518-3739

    $325,000
    Estimated value
    3,553 sqft 0.31 AC lot
    View details
    4402 Colley Ave
    BAR, TAVERN

    4402 Colley Ave, Norfolk, VA 23508-2511

    $320,000
    Estimated value
    2,616 sqft 0.08 AC lot
    View details

    Norfolk, VA Bars & Pubs Market Trends and Statistics

    Explore 13 bars & pubs for sale in Norfolk, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,532 square feet of properties for sale, with an estimated market value of $2,955,000.

    Sale prices for pubs in Norfolk, VA start at $90,000, averaging $738,750, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 14
    Bars & Pubs 5
    Commercial kitchens 3
    Coffee shops 1
    Drive through restaurants 1

    Demographics Overview

    Population 235K
    Population Growth (5Y) -4.3%
    Median Household Income $64,747
    College Educated 29.0%

    High-Yield Neighborhoods for Investment

    Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23510 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $9.43 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Norfolk city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23503
    • 23510

    Featured Norfolk Real Estate Agencies

    Realmo connects you with licensed Norfolk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: 17575872800
    www.judyboonerealty.com

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