Advertise
    Norfolk, VA
    Bar & Pub

    Norfolk, VA Bars & Pubs for Sale

    Notify Me
    List
    Map
    Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA Smithfield, VA
    Historic Norfolk Restaurant Investment Opportunity
    Updated: Apr 9
    Historic Norfolk Restaurant Investment Opportunity

    241 Granby Street, Norfolk, VA 23510

    $1,400,000
    6,400 sqft 0.03 AC lot
    Stabilized, turnkey investment with long‑term tenant in place providing immediate income.
    Prime location in downtown Norfolk's historic district in a high‑traffic, centrally located corridor.
    Spacious two‑story restaurant and bar with additional mezzanine level.
    One of the largest restaurant footprints in the area.
    Extensive tap system already installed.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    241 Granby Street, Norfolk, VA 23510

    View Property Analytics

    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $80K
      Annual

    • Price @ 7% Cap

      $1.14M
      Suggested
    View Property Analytics
    Turnkey Restaurant & Bar Building
    Updated: Jun 4
    Turnkey Restaurant & Bar Building

    731 Granby Street, Norfolk, VA 23510

    $1,375,000
    4,132 sqft 0.07 AC lot
    Commercial building built in 1916 with central air and heat pump (heating).
    Renovated in 2017, including a new bar, walls, mezzanine, and light fixtures.
    2017 upgrades include renovated bathrooms and kitchen, plus new electrical and plumbing.
    HVAC, roof, tables, chairs, bar stools, and floor lighting were part of the 2017 renovation scope.
    Established tenants are currently in occupancy.
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turnkey Restaurant and Event Venue
    Turnkey Restaurant and Event Venue

    300 N WASHINGTON St, Snow Hill, MD 21863

    $1,599,999

    Well-equipped two-level restaurant with indoor bars, event space, and an outdoor bar for gatherings.

    View details
    Turnkey Cafe & Hookah Lounge
    Turnkey Cafe & Hookah Lounge

    14834 BUILD AMERICA Drive, Woodbridge, VA 22191

    $95,000

    For sale as a fully operational cafe and hookah lounge with a large open seating layout and included FF&E.

    View details
    Turnkey Café and Hookah Lounge
    Turnkey Café and Hookah Lounge

    14834 Build America Dr, Woodbridge, VA 22191

    $95,000

    Fully operational café and hookah lounge with a large open seating layout and included furnishings, fixtures, and equipment.

    View details
    Turnkey Restaurant and Bar Space
    Turnkey Restaurant and Bar Space

    208 W GREEN STREET A, Snow Hill, MD 21863

    $390,000
    0.31 AC lot

    Downtown Snow Hill restaurant/bar with fully-loaded kitchen and liquor license.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Opportunity in Baltimore
    Prime Development Opportunity in Baltimore

    214 East Fort Avenue, Baltimore, MD 21230

    $115,000

    Versatile lot near Riverside, ideal for diverse development projects.

    View details
    Commercial Land with Split Zoning Frontage
    Commercial Land with Split Zoning Frontage

    Vineland, NJ 08360

    $125,000

    Parcel with split zoning for residential business at the front and residential toward the rear, with public utilities available.

    View details
    Atlantic City Vacant Land
    Atlantic City Vacant Land

    Atlantic City, NJ 08401

    $148,000

    Vacant lot in Atlantic City with development potential.

    View details
    Atlantic City Vacant Land
    Atlantic City Vacant Land

    218 Seaside Ave, Atlantic City, NJ 08401

    $148,000
    0.06 AC lot

    Vacant lot in Atlantic City with development potential.

    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

    Value Estimation by Request
    3,270 sqft 0.07 AC lot
    View details
    9300 Chesapeake St
    BAR, TAVERN

    9300 Chesapeake St, Norfolk, VA 23503-1917

    $580,000
    Estimated value
    5,785 sqft 0.07 AC lot
    View details
    931 21st St
    BAR, TAVERN

    931 21st St, Norfolk, VA 23517-1564

    $970,000
    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

    Value Estimation by Request
    6,743 sqft 0.42 AC lot
    View details
    601 Orapax St
    BAR, TAVERN

    601 Orapax St, Norfolk, VA 23507-1319

    Value Estimation by Request
    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

    Value Estimation by Request
    950 sqft 0.14 AC lot
    View details
    846 Little Crk Rd
    BAR, TAVERN

    846 Little Crk Rd, Norfolk, VA 23518-3739

    Value Estimation by Request
    3,553 sqft 0.31 AC lot
    View details
    4402 Colley Ave
    BAR, TAVERN

    4402 Colley Ave, Norfolk, VA 23508-2511

    Value Estimation by Request
    2,616 sqft 0.08 AC lot
    View details

    Norfolk, VA Bars & Pubs Market Trends and Statistics

    Explore 11 bars & pubs for sale in Norfolk, VA on our real estate platform. These investment opportunities span a total of 10,532 square feet of properties for sale, with an estimated market value of $2,775,000.

    Sale prices for pubs in Norfolk, VA start at $1,375,000, averaging $1,387,500, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 2
    Coffee shops 1
    Commercial kitchens 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Norfolk city

    Office

    Property Size Breakdown

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Norfolk, VA

    Popular Categories

    Most Searched ZIP Codes in Norfolk, VA

    • 23510

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!