Equipped Restaurant with Banquet
For Sale
$90,000
331-331 E Bayview Blvd, Norfolk, VA 23503
Established restaurant setup includes a commercial kitchen, full-service bar, dining area, and private-event facilities.
Property SizeContact for details
Days on Market23
Property Features for 331-331 E Bayview Blvd
General Information
Standard status
Active
Property Condition
Severity
Repairs Needed
Evidence
some updating
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Listing Agency:
Abrams Realty
(757) 644-3800
Listed By:
Teresa Hagerman · License #22638
Source:
Exprealty
Added: Aug 10
Changed: Aug 30
Last Checked: Aug 31 at 7:57PM
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 Abrams Realty
Investment Insights
Based on property information with market context.
The business-only offering includes an established restaurant setup with a fully equipped commercial kitchen, extensive hood system, refrigeration, walk-in cooler, ice machine, stainless-steel preparation areas, and storage. The interior also features a dedicated full-service bar, a large main dining area, existing booths, tables, and chairs, plus a separate banquet room for private events.
Located at 331-331 E Bayview Blvd in Norfolk, VA, the property includes infrastructure for restaurant service, bar operations, catering, and event use. Commercial cooking equipment and furnishings are already in place, while the existing layout can accommodate a range of restaurant concepts and operating formats. The offering is limited to the business rather than the underlying real estate.
Located at 331-331 E Bayview Blvd in Norfolk, VA, the property includes infrastructure for restaurant service, bar operations, catering, and event use. Commercial cooking equipment and furnishings are already in place, while the existing layout can accommodate a range of restaurant concepts and operating formats. The offering is limited to the business rather than the underlying real estate.
Key Highlights
- Business‑only restaurant offering at 331‑331 E Bayview Blvd, Norfolk, VA
- Fully equipped commercial kitchen with extensive hood system
- Dedicated full‑service bar and large main dining area
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
13,656 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,817 visits/mo
0.1 miles
Demographics for 23503, VA
31,932
Population
15,350
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
6,386
Density / Sq Mi
$62,428
Median Household Income
$42,850
Median Earnings
$1,195
Median Rent
$273,100
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 - Established restaurant setup includes a commercial kitchen, full-service bar, dining area, and private-event facilities.
Where is this conventional restaurant located?
The property is located at 331-331 E Bayview Blvd Norfolk, VA.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Business‑only restaurant offering at 331‑331 E Bayview Blvd, Norfolk, VA; Fully equipped commercial kitchen with extensive hood system; Dedicated full‑service bar and large main dining area
