Equipped Restaurant With Banquet
For Sale
$90,000
331 E Bayview Boulevard, Norfolk, VA 23503
Commercial/Industrial, Norfolk, VA
Property Size2,500 SF
Lot Size0.78 Acres
Price / SF$36
Days on Market53
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: Oct 1
Last Checked: Oct 1 at 9:06PM
MLS# 10648532
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.
Business-only restaurant offering with approximately 2,500 square feet of improvements on 0.78 acres. The layout includes a full commercial kitchen, extensive hood system, dedicated bar, main dining area, and a separate banquet room for private events. Existing furnishings and operating equipment include booths, tables, chairs, commercial cooking equipment, refrigeration, a walk-in cooler, ice machine, stainless-steel preparation areas, and storage.
The property is zoned C-2 and includes central air conditioning and natural gas heating. Built in 1960, the facility provides an established restaurant configuration with multiple service and gathering areas. The separate event room adds flexibility for receptions, meetings, catering functions, and other private gatherings.
The property is zoned C-2 and includes central air conditioning and natural gas heating. Built in 1960, the facility provides an established restaurant configuration with multiple service and gathering areas. The separate event room adds flexibility for receptions, meetings, catering functions, and other private gatherings.
Key Highlights
- Business‑only restaurant offering with 2,500 square feet of improvements
- 0.78‑acre property in Norfolk, VA
- C‑2 zoning
Property Analytics
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Current Use
Lease Details
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
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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 offering with a commercial kitchen, full-service bar, dining area, 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: Business‑only restaurant offering with 2,500 square feet of improvements; 0.78‑acre property in Norfolk, VA; C‑2 zoning
