Equipped Conventional
New
For Sale
$90,000
331 E Bayview Boulevard, Norfolk, VA 23503
COMMERCIAL - Norfolk, VA
Property Size2,500 SF
Lot Size0.78 Acres
Price / SF$36
Days on Market7
Property Features for 331 E Bayview Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Subdivision
BAYVIEW BEACH
Standard status
Active
Size
2,500 SF
Lot size
0.78 Acres
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1960
Listing Agency:
Abrams Realty
(757) 644-3800
Listed By:
Teresa Hagerman · License #22638
(757) 642-0118
Added: Aug 10
Changed: Aug 13
Last Checked: Aug 16 at 1:06AM
MLS# 10648532
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Investment Insights
Based on property information with market context.
This business-only restaurant includes a 2,500-square-foot layout organized around a fully equipped commercial kitchen, extensive hood system, dedicated full-service bar, and large main dining area. A separate banquet and private-event room adds space for receptions, meetings, catering events, and other gatherings. Existing improvements include booths, tables and chairs, commercial cooking equipment, refrigeration, a walk-in cooler, ice machine, stainless-steel preparation areas, and storage.
The property is zoned C-2 and was built in 1960. Natural gas heating and central air conditioning serve the restaurant. The existing configuration provides a ready physical foundation for continued restaurant use, subject to the operator’s planned updates and concept.
The property is zoned C-2 and was built in 1960. Natural gas heating and central air conditioning serve the restaurant. The existing configuration provides a ready physical foundation for continued restaurant use, subject to the operator’s planned updates and concept.
Key Highlights
- 2,500 square feet of restaurant space
- Fully equipped commercial kitchen with extensive hood system
- Dedicated full‑service bar and large main dining area
Property Analytics
Property Profile
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 - Business-only restaurant offering a commercial kitchen, full-service bar, dining room, and private-event space.
Where is this conventional restaurant located?
The property is located at 331 E Bayview Boulevard 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: 2,500 square feet of restaurant space; Fully equipped commercial kitchen with extensive hood system; Dedicated full‑service bar and large main dining area
