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Full-Service Restaurant with Private Dining
For Sale
$246,000

2900 Airline Boulevard, Portsmouth, VA 23701

COMMERCIAL - Portsmouth, VA

Property Size6,080 SF
Lot Size1.21 Acres
Price / SF$40.46
Days on Market70

Property Features for 2900 Airline Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning GMU
Subdivision ALL OTHERS AREA 22
Standard status Active
Size 6,080 SF
Lot size 1.21 Acres

Taxes and HOA fees

Tax Annual Amount 8448

Utilities

Heating system Natural Gas
Cooling system Heat Pump, Central Air

Building Details

Year built 1964
Roof type Shingle
Listing Agency: Sunrise Real Estate Group
Listed By: Mustafa Cuce
Added: Jun 18 Changed: Aug 7 Last Checked: Aug 26 at 4:06AM
MLS# 10640401

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.

Investment Insights

Based on property information with market context.

Full-service restaurant offering approximately 130 guest seats, including a private dining room that accommodates up to 30 guests. The property is configured for breakfast, lunch, and dinner service and includes a complete package of commercial kitchen equipment and restaurant furnishings, fixtures, and equipment for daily operations. Equipment noted includes double pizza ovens, grills, fryers, prep stations, walk-in cooler, and walk-in freezer. Additional operating components include six POS stations.

The restaurant is offered as business only, with real estate not included. A long-term lease is noted as available. Zoning is GMU. Building systems include natural gas heating with central air and a heat pump, and the roof is shingle. The sale is described as confidential with showing instructions available through the listing agent.

Key Highlights

  • About 130 guest seats plus a private dining room for up to 30
  • Complete restaurant package includes double pizza ovens, grills, fryers, prep stations
  • Walk‑in cooler and walk‑in freezer included

Property Analytics

Current Use

Paradise Pizzeria Family ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Building Supply Gym & Fitness Center

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

444
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
O'Reilly Auto Parts Shops & Services
3,004 visits/mo 0.5 miles

Demographics for 23701, VA

24,629
Population
10,318
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,199
Density / Sq Mi
$63,389
Median Household Income
$44,633
Median Earnings
$1,313
Median Rent
$218,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service restaurant built in 1964 with central air, natural gas heat, seating for about 130, and a private dining room.
Where is this conventional restaurant located?
The property is located at 2900 Airline Boulevard Portsmouth, VA.
What is the asking price?
The asking price for this property is $246,000.
What are key features of this property?
This property features: About 130 guest seats plus a private dining room for up to 30; Complete restaurant package includes double pizza ovens, grills, fryers, prep stations; Walk‑in cooler and walk‑in freezer included
More about this property
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