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    Portsmouth, VA Conventional Restaurants for Sale

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    Chesapeake, VA Norfolk, VA Suffolk, VA
    Restaurant Building and Business For Sale
    $584,999
    1,222 SF
    Restaurant Building and Business For Sale

    3332 Victory Boulevard, Portsmouth, VA 23701

    Established restaurant business and well-maintained building for sale.
    • Established "Prince Fried Chicken" business included in sale.
    • All kitchen fixtures included.
    • Well‑maintained all brick building.
    • High‑traffic corner lot location (Greenwood Dr & Victory).
    • Proximity to Interstate and mass transit.
    Updated: Jun 20, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portsmouth, 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
    $1,400,000
    6,400 SF
    Historic Norfolk Restaurant Investment Opportunity

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

    241 Granby Street, Norfolk, VA 23510

    View details
    Restaurant Building for Sale
    $300,000
    5,765 SF
    Restaurant Building for Sale

    Large Newport News restaurant property with convenient access near major employers and interstate connections.

    3506 Washington Avenue, Newport News, VA 23607

    View details
    Sushi King Restaurant For Sale
    $2,650,000
    Sushi King Restaurant For Sale

    Freestanding restaurant in a core retail corridor. Redevelopment opportunity.

    11883 Jefferson Ave, Newport News, VA 23606

    View details
    Restaurant Opportunity Near ODU Campus
    $1,975,000
    2,872 SF
    Restaurant Opportunity Near ODU Campus

    Fully equipped restaurant with franchise opportunity near ODU campus.

    2700 Hampton Blvd, Norfolk, VA 23517

    View details

    Portsmouth, VA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 1,222 square feet of properties for sale, with an estimated market value of $584,999.

    Sale prices for conventional restaurants in Portsmouth, VA start at $584,999, averaging $584,999, and reaching up to $584,999 — 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 1

    Demographics Overview

    Population 97K
    Population Growth (5Y) -6.7%
    Median Household Income $59,342
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23701 $585K

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $16.32 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portsmouth city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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