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    Conventional Restaurant

    Norfolk, VA Conventional Restaurants for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA
    11 properties
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    Freestanding Storefront Shell
    Updated: Aug 21
    Freestanding Storefront Shell

    925 E little creek rd, Norfolk, VA 23518

    $105,000
    1,936 sqft 0.23 AC lot
    1,936 SF freestanding commercial building on a 0.23‑AC lot
    Gutted shell with new framing installed; built in 1960
    C‑2 zoning supports restaurant, retail, office, banking, medical‑office, and personal‑service uses
    75' frontage on E. Little Creek Road with two curb cuts
    16 parking spaces, pylon sign, existing signage, and bus‑line access
    View details
    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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    Equipped Conventional Restaurant
    Equipped Conventional Restaurant

    1766 E Little Creek Road, Norfolk, VA 23518

    $90,000
    1,100 sqft 0.50 AC lot

    Existing kitchen equipment, furnishings, and inventory convey with the sale.

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    See hot listings in Norfolk

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Restaurant and Bar with Mezzanine
    Restaurant and Bar with Mezzanine

    241 Granby St #10, Norfolk, VA 23510

    $1,400,000
    6,400 sqft

    The two-level commercial condominium space is occupied by a long-term restaurant tenant.

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    Equipped Restaurant With Banquet Room
    Equipped Restaurant With Banquet Room

    331 E Bayview Boulevard, Norfolk, VA 23503

    $90,000
    2,500 sqft 0.78 AC lot

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

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    Freestanding Storefront Shell
    Freestanding Storefront Shell

    925 E. little creek rd, Norfolk, VA 23518

    $105,000
    1,936 sqft 0.23 AC lot

    C-2 zoning supports restaurant, retail, personal service, office, banking, and medical office uses.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    5010 Princess Anne Rd E, Norfolk, VA 23502

    $2,149,849
    17,500 sqft

    Two-level configuration combines commercial spaces with residential tenants in an established Norfolk property.

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    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    9635 Duffys Ln, Norfolk, VA 23503

    Contact for pricing
    3,169 sqft 0.86 AC lot

    Former McDonalds restaurant with an existing drive-through component on a commercially zoned site.

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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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    Restaurant Opportunity Near ODU Campus
    Restaurant Opportunity Near ODU Campus

    2700 Hampton Blvd, Norfolk, VA 23517

    Contact for pricing
    2,872 sqft

    Fully equipped restaurant with franchise opportunity near ODU campus.

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    Equipped Restaurant with Banquet Room
    Equipped Restaurant with Banquet Room

    331-331 E Bayview Blvd, Norfolk, VA 23503

    $90,000

    Established restaurant setup includes a commercial kitchen, full-service bar, dining area, and private-event facilities.

    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Norfolk, 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.

    Equipped Full-Service Restaurant
    Equipped Full-Service Restaurant

    2900 Airline Boulevard, Portsmouth, VA 23701

    $246,000
    6,080 sqft 1.21 AC lot

    Established restaurant business with dine-in and takeout operations, commercial kitchen equipment, and a private dining room.

    View details
    Dessert Café with Coffee Service
    Dessert Café with Coffee Service

    1032 Volvo Parkway, Chesapeake, VA 23320

    $120,000
    2,000 sqft 4.50 AC lot

    Established food-and-beverage business with a specialized dessert menu and a finished customer-facing interior.

    View details
    Fully Equipped Restaurant
    Fully Equipped Restaurant

    2900 Airline Boulevard, Portsmouth, VA 23701

    $246,000
    6,080 sqft

    Established dine-in and takeout operation with a complete commercial kitchen package and furnishings included.

    View details
    Established Mediterranean Restaurant
    Established Mediterranean Restaurant

    1437 Sams Dr, Chesapeake, VA 23320

    $230,000

    Brick-and-mortar operation supports dine-in, catering, and mobile event service.

    View details

    Norfolk, VA Conventional Restaurants Market Trends and Statistics

    Explore 11 conventional restaurants for sale in Norfolk, VA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 46,313 square feet of properties for sale, with an estimated market value of $5,519,849.

    Sale prices for conventional restaurants in Norfolk, VA start at $90,000, averaging $613,316, and reaching up to $2,149,849 — 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 13
    Bars & Pubs 7
    Commercial kitchens 5
    Breakfast & diners 1
    Coffee shops 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
    23503 $90K
    23518 $100K
    23510 $1.4M
    23502 $2.1M

    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.

    How Realmo verifies these figures

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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23503
    • 23518
    • 23510
    • 23502
    • 23517

    Featured Norfolk Real Estate Agencies

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

    Exit Realty Central
    870 N. Military Highway Suite 100 Norfolk, VA 23502
    Phone: (757) 466-1009
    www.exitcentralhr.com
    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: (757) 587-2800
    www.judyboonerealty.com
    Gabriel Rapisardi Real Estate Group LLC
    P.O. Box 8455 Norfolk, VA 23503
    Phone: (757) 577-2902
    www.gabrielrapisardi.com
    Why this one?
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