Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1370 S Military Hwy Chesapeake, VA 23320

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,375,000

    High-visibility restaurant space centrally located on South Military Highway.

    Property size:
    2,623 SF
    Lot size:
    0.57 Acres

    Property Features for 1370 S Military Hwy

    General Information

    Size
    2,623 SF
    Lot size
    0.57 Acres

    Source: Creoteric Commercial Real Estate Agent Jon Elliott

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space on South Military

    Located on the bustling South Military Highway corridor, this second-generation restaurant space is situated in a high-traffic area surrounded by residential neighborhoods, retail centers, and local businesses. The site, formerly a family-style pizzeria, offers a casual, welcoming atmosphere. It features ample parking and easy access from major roads. Centrally positioned between Norfolk and Virginia Beach and just minutes from Greenbrier, the location is ideal for attracting local regulars and commuters. The established restaurant space was previously home to a popular pizzeria, generating $750k/yr in gross sales. The property size is 2623 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sunrise Pizzeria Family ... Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    World Classics Catering

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.230043
    Latitude
    36.8004244

    Nearby Similar for Sale

    • $700,000
      0.13 Acres

      Versatile Chesapeake Medical/Professional Office

      Adaptable office property in prime Chesapeake location with excellent accessibility.
      3808 Poplar Hill Rd, Chesapeake, VA 23321
      View Details
    • $625,000
      5,622 SF

      Versatile Building with Seller Financing

      5,622 SF building on 0.63 acres with excellent visibility.
      928 Canal Dr, Chesapeake, VA 23323
      View Details
    • $435,000
      4,000 SF

      Mixed-Use Property Near Downtown Norfolk

      Fully rented mixed-use property with commercial and residential spaces near downtown.
      1300 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • $499,000
      3,360 SF

      Unique Commercial Space For Sale

      Commercial space suitable for art gallery, studio, or boutique.
      3106 Western Branch Blvd, Chesapeake, VA 23321
      View Details
    • $175,000
      3,200 SF

      Turnkey Restaurant and Lounge For Sale

      Established restaurant and lounge with games and seating available.
      2139 Chesapeake Dr, Chesapeake, VA 23324
      View Details
    • $170,000
      2,000 SF

      Established Cafe Business Opportunity

      Profitable cafe business for sale in prime Chesapeake location.
      1032 Volvo Pkwy, Chesapeake, VA 23320
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-visibility restaurant space centrally located on South Military Highway.
    Where is this restaurant located?
    The property is located at 1370 S Military Hwy Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - High-traffic visibility on South Military Highway.; - Established restaurant space formerly home to a popular pizzeria (generating $750k/yr in gross sales).; - Ample parking and easy access from major roads.
    (757) 270-2788
    Request Owner's contact information
    1370 S Military Hwy Chesapeake, VA 23320
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1370 S Military Hwy
    Chesapeake, VA 23320
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1370 S Military Hwy Chesapeake, VA 23320
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.