Conventional Restaurant

Virginia Beach, VA Conventional Restaurants for Sale

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Norfolk, VA Chesapeake, VA Portsmouth, VA Cape Charles, VA Hampton, VA Corolla, NC Knotts Island, NC Barco, NC
Freestanding Restaurant Property
Updated: May 13
Freestanding Restaurant Property

1483 General Booth Boulevard, Virginia Beach, VA 23454

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2,618 sqft
Freestanding restaurant property for sale on General Booth Blvd in Virginia Beach, VA
Located just minutes from the Virginia Beach boardwalk and oceanfront
Accessible to both visitors and locals
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Freestanding NNN Restaurant
Updated: Apr 11
Freestanding NNN Restaurant

2080 S Independence Blvd, Virginia Beach, VA 23453

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Freestanding restaurant leased to The Dirty Buffalo under an absolute NNN lease
Lease includes two 5‑year renewal options
Scheduled 10% rent increases every 5 years per lease terms
Outparcel location to Target
Neighbors include retailers such as KFC, Home Depot, Wendy's, Wawa, Walgreens, Chick‑fil‑A, and Taco Bell
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Virginia Beach, 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.

Turnkey Stand-Alone Restaurant Property
Turnkey Stand-Alone Restaurant Property

1370 S Military Highway, Chesapeake, VA 23320

$779,000
2,623 sqft 0.57 AC lot

Stand-alone restaurant building with extensive commercial kitchen equipment, dining furniture, and real estate ownership.

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Two-Story Restaurant with Mezzanine
Two-Story Restaurant with Mezzanine

241 Granby Street, Norfolk, VA 23510

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

Commercial condominium component with restaurant, bar, and mezzanine spaces.

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Turnkey Mediterranean Restaurant
Turnkey Mediterranean Restaurant

1437 Sam's Drive, Chesapeake, VA 23320

$450,000
1,500 sqft 5.79 AC lot

Turnkey Mediterranean restaurant with $700K+ annual gross sales and a lease in place through 2030 at $3,900 per month.

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Brand-New Waterfront Restaurant Space
Brand-New Waterfront Restaurant Space

8180 Shore Dr, Norfolk, VA 23518

Contact for pricing
12,579 sqft

Includes a large second-floor banquet area with an outside deck overlooking marinas and customer lift service.

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Virginia Beach, VA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Virginia Beach, VA on our real estate platform. These investment opportunities span a total of 2,618 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 6
Drive through restaurants 6
Commercial kitchens 1

Demographics Overview

Population 457K
Population Growth (5Y) +8.7%
Median Household Income $92,332
College Educated 30.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23451 $339K

Taxes & Financing

Tax Rate (average for all types) 0.98%
Property Tax per SF $10.26 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Virginia Beach city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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