Fully Equipped Restaurant
For Sale
Contact for pricing
5018-5018 E Princess Anne Rd, Norfolk, VA 23502
Renovated restaurant space with kitchen equipment, two bathrooms, lounge and bar areas, and approximately 25 parking spaces.
Property Size2,976 SF
Price / SF$0.67
Days on Market74
Property Features for 5018-5018 E Princess Anne Rd
General Information
Standard status
Active
Size
2,976 SF
Total Parking Spaces
25
Additional Details
Furnished
Yes
Road Access
Yes
Amenities
bathrooms
dance floor
lounge area
bar
Listing Agency:
Gabriel Rapisardi Real Estate
(757) 577-2902
Listed By:
Gabriel Rapisardi
Source:
Exprealty
Added: May 19
Changed: Jul 23
Last Checked: Jul 30 at 1:44PM
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 Gabriel Rapisardi Real Estate
Investment Insights
Based on property information with market context.
Fully equipped and just renovated commercial restaurant space offered for sale, totaling 2,976 square feet. The layout includes a big kitchen, bar, lounge area, and dance floor, along with kitchen equipment and both table and chairs. The space also features two bathrooms, making it well-suited for day-to-day restaurant operations.
The property is located at 5018-5018 E Princess Anne Rd in Norfolk, VA, along the Princess Anne Rd corridor described as high-density travel. Parking is estimated at approximately 25 spaces, supporting customer access.
The space is available now, with the listing noting it is ready to open.
The property is located at 5018-5018 E Princess Anne Rd in Norfolk, VA, along the Princess Anne Rd corridor described as high-density travel. Parking is estimated at approximately 25 spaces, supporting customer access.
The space is available now, with the listing noting it is ready to open.
Key Highlights
- Renovated commercial restaurant space with 2,976 SF of dining and service area
- Includes kitchen equipment, table and chairs, and a bar area
- Layout features lounge area, dance floor, big kitchen, and two bathrooms
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 25%
Dining 16%
Home Improvements & Furnishings 4%
Piggly Wiggly
Groceries
12,095 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,028 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,110 visits/mo
0.5 miles
Rally's
Dining
5,522 visits/mo
0.4 miles
Marathon
Shops & Services
3,909 visits/mo
0.5 miles
Demographics for 23502, VA
20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
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 - Renovated restaurant space with kitchen equipment, two bathrooms, lounge and bar areas, and approximately 25 parking spaces.
Where is this conventional restaurant located?
The property is located at 5018-5018 E Princess Anne Rd Norfolk, VA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Renovated commercial restaurant space with 2,976 SF of dining and service area; Includes kitchen equipment, table and chairs, and a bar area; Layout features lounge area, dance floor, big kitchen, and two bathrooms
