Conventional Restaurant

Chesapeake, VA Conventional Restaurants for Sale

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Dessert Café with Coffee Service
Updated: Apr 24
Dessert Café with Coffee Service

1032 Volvo Parkway, Chesapeake, VA 23320

$120,000
2,000 sqft 4.50 AC lot
2,000‑square‑foot dessert café space
Menu includes cakes, macarons, bubble tea, coffee, and Korean Bingsoo
Located in Chesapeake’s Greenbrier area near Greenbrier Mall
PUD zoning on a 4.5‑acre lot
Current operating hours are 1 p.m. to 8 p.m.
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Mediterranean Restaurant Business
Updated: Jun 12
Mediterranean Restaurant Business

1437 Sam's Drive, Chesapeake, VA 23320

$230,000
1,500 sqft 5.79 AC lot
1,500‑square‑foot restaurant business
Existing equipment included, subject to agreed inventory
Dine‑in, takeout, delivery, and catering channels
Lease secured through 2030
Central air conditioning
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Commercial Land with Ground Lease
Commercial Land with Ground Lease

1401 Tintern St, Chesapeake, VA 23320

$175,000

Ground lease opportunity with frontage along Volvo Pkwy.

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3 active listings match your search: Restaurant for sale in Chesapeake, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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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Two-Story Bar and Pub
Two-Story Bar and Pub

241 Granby Street, Norfolk, VA 23510

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

Commercial condominium space features a mezzanine, restaurant buildout, and a long-term tenant in place.

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Restaurant Business with Equipment
Restaurant Business with Equipment

103-1102 Atlantic Ave, Virginia Beach, VA 23451

$275,000

Business sale includes paid-off equipment and continuation of the existing lease.

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Restaurant Business With Equipment
Restaurant Business With Equipment

105-1102 Atlantic Ave, Virginia Beach, VA 23451

$175,000

Business sale includes paid-off equipment and the ability to continue the existing lease.

View details

Chesapeake, VA Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Chesapeake, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $525,000.

Sale prices for conventional restaurants in Chesapeake, VA start at $120,000, averaging $175,000, and reaching up to $230,000 — 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 3
Coffee shops 1
Commercial kitchens 1

Demographics Overview

Population 251K
Population Growth (5Y) +7.1%
Median Household Income $99,233
College Educated 31.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23320 $188.8K

Taxes & Financing

Tax Rate (average for all types) 0.79%
Property Tax per SF $12.24 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chesapeake city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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