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Established Mediterranean Restaurant
For Sale
$450,000

1437 Sams Dr, Chesapeake, VA 23320

Brick-and-mortar operation supports dine-in, catering, and mobile event service.

Property SizeContact for details
Days on Market60

Property Features for 1437 Sams Dr

General Information

Standard status Active

Financials

Asking Price $300,000
Business Included Yes
Listing Agency: Sunrise Real Estate Group
Listed By: Senel Cuce
Source: Exprealty
Added: Jun 13 Changed: Aug 8 Last Checked: Aug 10 at 9:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunrise Real Estate Group

Investment Insights

Based on property information with market context.

This established Mediterranean restaurant business operates from a brick-and-mortar location at 1437 Sams Dr in Chesapeake, Virginia. The operation supports dine-in service, catering, and mobile or festival activity, with a lease in place through 2030.

Mobile expansion assets are also available, including a brand-new branded food trailer and a dedicated Ford tow vehicle. The restaurant business and mobile components can be acquired together or separately according to the selected package. POS data, tax returns, and an equipment inventory are available for review after execution of a signed NDA. Showings are by appointment only.

Key Highlights

  • Established Mediterranean restaurant business at 1437 Sams Dr, Chesapeake, VA
  • Lease secured through 2030
  • Dine‑in, catering, and mobile or festival service capabilities

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Tanning Salon Restaurant Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

896
Businesses Nearby
577k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Superstores 20% Shops & Services 15% Home Improvements & Furnishings 7%
Sam's Club Superstores
114,108 visits/mo 0.1 miles
Chick-fil-A Dining
48,524 visits/mo 0.2 miles
At Home Home Improvements & Furnishings
37,748 visits/mo 0.2 miles
Dollar Tree Shops & Services
33,618 visits/mo 0.1 miles
Cook Out Dining
27,378 visits/mo 0.3 miles

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brick-and-mortar operation supports dine-in, catering, and mobile event service.
Where is this conventional restaurant located?
The property is located at 1437 Sams Dr Chesapeake, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established Mediterranean restaurant business at 1437 Sams Dr, Chesapeake, VA; Lease secured through 2030; Dine‑in, catering, and mobile or festival service capabilities
More about this property
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