Current Use by Public Records
- Retail properties & Spaces
Property Details for 241 Granby St
- Lot size
- 0.03 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Bars & Pubs
Description
This exceptional two-story, 6,400 square foot restaurant and bar is located at 241 Granby Street in Norfolk, Virginia's historic district. The property, zoned D-3, sits on a 0.03-acre lot and is offered at $1,600,000 ($297 per square foot). The sale includes the business goodwill of the former Brick Anchor Brew House and the commercial condominium portion. The space features a main floor restaurant and bar area, plus a mezzanine level offering additional dining, lounge, and office space. This is one of the largest restaurant spaces in the area, previously boasting one of the largest tap selections. Opportunities for growth include expanding operational hours, leveraging private functions and events, and creating a unique second-floor theme. The seller is willing to assist with the transition, introducing past clients, catering partners, and vendors. This prime location presents a significant investment opportunity in a thriving downtown area. The property's address is 241 Granby St, Norfolk, VA 23510.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk county
- State
- Virginia
- Longitude
- -76.2912
- Latitude
- 36.8492
