Restaurant Opportunity Near ODU
For Sale
Contact for pricing
2700 Hampton Blvd, Norfolk, VA 23517
Fully equipped restaurant with franchise opportunity near ODU campus.
Property Size2,872 SF
Price / SF$687.67
Days on Market149
Property Features for 2700 Hampton Blvd
General Information
Standard status
Active
Size
2,872 SF
Property subtype
Retail
Zoning
C-C
Building Details
Buildings
1
Stories
1
Listing Agency:
Global Real Estate Investment, Inc.
(757) 777-9355
Listed By:
Michael Zarpas · License #VA 0225029596
Source:
Crexi
Added: Mar 17
Changed: Aug 8
Last Checked: Aug 11 at 4:26PM
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 Global Real Estate Investment, Inc.
Investment Insights
Based on property information with market context.
This commercial property, suitable for conventional restaurants and other restaurant types, is available for sale. The 2,872 square-foot property is adjacent to the Old Dominion University (ODU) campus and has direct frontage on Hampton Boulevard at the northeast corner of Hampton Boulevard and 27th Street. The location is served by two traffic lights on 27th and 35th Streets. The fully equipped restaurant includes all furniture, fixtures, and equipment (FF&E). A franchise opportunity is available. The property features oversized pole signage. The traffic count is 35,085 vehicles per day.
Key Highlights
- Direct frontage on Hampton Boulevard at NE corner of Hampton Boulevard and 27th Street
- Adjacent to ODU Campus
- High Traffic Count: 35,085 VPD
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,405
Businesses Nearby
158k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 32%
Shops & Services 23%
Food Lion Grocery Store
Groceries
27,154 visits/mo
0.3 miles
McDonald's
Dining
26,212 visits/mo
0.3 miles
The Fresh Market
Groceries
19,350 visits/mo
0.4 miles
7-Eleven
Shops & Services
17,731 visits/mo
0.1 miles
Taco Bell
Dining
11,181 visits/mo
0.3 miles
Demographics for 23517, VA
5,237
Population
2,901
Households
1.8
Avg Household Size
33
Median Age
55%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
6,546
Density / Sq Mi
$63,556
Median Household Income
$46,689
Median Earnings
$1,397
Median Rent
$355,800
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant with franchise opportunity near ODU campus.
Where is this conventional restaurant located?
The property is located at 2700 Hampton Blvd Norfolk, VA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Direct frontage on Hampton Boulevard at NE corner of Hampton Boulevard and 27th Street; Adjacent to ODU Campus; High Traffic Count: 35,085 VPD
