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    3332 Victory Blvd Portsmouth, VA 23701

    Sponsored
    For Sale
    $599,000

    Purchase,Commercial/Industrial - Portsmouth, VA

    Property size:
    1,222 SF
    Lot size:
    0.32 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 3332 Victory Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GMU
    Interior features
    Fire Sprinkler Sys, Security Sys/Lease
    Exterior features
    Door Sign, Outside Storage, Pole Sign, Roof Sign
    Size
    1,222 SF
    Lot size
    0.32 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1.5
    Number of units
    1
    Flooring type
    Concrete, Tile
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Storage

    RE/MAX Capital (757) 564-1557 [email protected]

    Listing agent Julie Crist (757) 564-1557

    Listing date Jan 5, 2026

    MLS# 10588944 Listing URL

    Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Business For Sale

    The property features an established, successful restaurant business, including all kitchen fixtures, and the building it occupies. The well-maintained all-brick building is situated on a corner lot of approximately 0.32 acres. Located at the intersection of Greenwood Drive and Victory Boulevard, the property benefits from high traffic and proximity to the interstate, mass transit, and residential neighborhoods. The building has an area of 1222 square feet. The property is zoned GMU, offering potential for various commercial or industrial uses. This is an opportunity for a first-time business owner or an addition to an established portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prince Fried Chicken Fried Chicken Takeaway

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.3513868
    Latitude
    36.8003647

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    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant with building on a well-traveled corner.
    Where is this turn key restaurant located?
    The property is located at 3332 Victory Blvd Portsmouth, VA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Established Prince Fried Chicken business and building/land for sale, offering immediate takeover potential or a new business opportunity.; - Prime corner location on Greenwood Dr and Victory, with high traffic and proximity to interstate, mass transit, and neighborhoods.; - Well-maintained all-brick building.
    (757) 564-1557
    Request Owner's contact information
    3332 Victory Blvd Portsmouth, VA 23701
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    Portsmouth, VA 23701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3332 Victory Blvd Portsmouth, VA 23701
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