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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2613 Atlantic Ave Virginia Beach, VA 23451

7,596 SF Built 2020
Property ID
US87-2294112
Property summary
AI-generated overview

This exceptional 7,596 square foot restaurant space is located in the heart of Virginia Beach's resort tourist district, directly on the Atlantic Avenue boardwalk. Built in 2020, the single-tenant property offers stunning ocean views and boasts ample parking in an adjacent garage. The restaurant features seating for 300 guests inside, with additional covered outdoor seating providing al fresco dining options. A unique selling point is the rentable rooftop event space, perfect for private functions and offering breathtaking panoramic views of the Atlantic Ocean. The property's prime location within the 27th Atlantic apartment building ensures high foot traffic and visibility. This turnkey restaurant space is ready for immediate occupancy, presenting a rare opportunity to establish a thriving business in a highly desirable location. The entire 7,596 square feet is currently vacant, allowing for complete customization to suit any culinary concept. The property's address is 2613 Atlantic Ave, Virginia Beach, VA 23451. This is a remarkable chance to capitalize on the vibrant Virginia Beach tourism market and create a memorable dining experience.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2020
Total area 7,596 SF
UPID US87-2294112
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ann’s place Condominium Complex
  • 27 Atlantic Apartments Property Management Company Real Estate Rental Agency
  • Oscar's Oceanside Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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