Conventional Restaurant

Newport News, VA Conventional Restaurants for Sale

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Restaurant Building with Drive-In Potential
Updated: Jun 5
Restaurant Building with Drive-In Potential

3506 Washington Avenue, Newport News, VA 23607

$300,000
5,765 sqft 0.07 AC lot
Restaurant property in Newport News with over 5,000 SF of building space
Built in 1930
Heating: natural gas
Located near Newport News Shipyard
Convenient access to major employers and interstate access
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Restaurant Building in Newport News
Updated: Jul 16
Restaurant Building in Newport News

Newport News, VA 23607

$300,000
5,765 sqft
Restaurant property with a building size over 5,000 SF
Year built: 1930
Located in Newport News, near Newport News Shipyard and major employers
Convenient interstate access
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Turnkey Restaurant in Shopping Center
Turnkey Restaurant in Shopping Center

980 J. Clyde Morris Boulevard, Newport News, VA 23601

$175,000
2,400 sqft 6.69 AC lot

For sale C1 zoned restaurant with a functional, fully equipped setup in Bayberry Village Shopping Center.

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Sushi King Restaurant For Sale
Sushi King Restaurant For Sale

11883 Jefferson Ave, Newport News, VA 23606

$2,650,000

Freestanding restaurant in a core retail corridor. Redevelopment opportunity.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Newport News, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Historic Norfolk Restaurant Investment Opportunity
Historic Norfolk Restaurant Investment Opportunity

241 Granby Street, Norfolk, VA 23510

$1,400,000
6,400 sqft 0.03 AC lot

Turnkey restaurant and bar in downtown Norfolk's historic district.

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Turnkey Full-Service Restaurant
Turnkey Full-Service Restaurant

2900 Airline Boulevard, Portsmouth, VA 23701

$246,000
6,080 sqft 1.21 AC lot

Fully equipped full-service restaurant with seating for about 130 guests and a private dining room for up to 30.

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Restaurant Opportunity Near ODU Campus
Restaurant Opportunity Near ODU Campus

2700 Hampton Blvd, Norfolk, VA 23517

$1,975,000
2,872 sqft

Fully equipped restaurant with franchise opportunity near ODU campus.

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Brick Restaurant Building and Business
Brick Restaurant Building and Business

3332 Victory Boulevard, Portsmouth, VA 23701

$565,900
1,222 sqft 0.32 AC lot

Well-maintained all-brick restaurant building with included kitchen fixtures on a corner lot for sale.

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Newport News, VA Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Newport News, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,930 square feet of properties for sale, with an estimated market value of $775,000.

Sale prices for conventional restaurants in Newport News, VA start at $175,000, averaging $258,333, and reaching up to $300,000 — 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 5
Commercial kitchens 1
Drive through restaurants 1

Demographics Overview

Population 188K
Population Growth (5Y) -3.4%
Median Household Income $66,006
College Educated 28.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23607 $300K
23606 $2.7M

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $18.38 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 Newport News city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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