Norfolk, VA Restaurants for Sale

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Updated: Jun 4

Renovated Bar and Pub Building

731 Granby Street, Norfolk, VA 23510

$1,375,000

4,132 sqft 0.07 AC lot

4,132 square feet on 0.07 acres
Renovated in 2017 with updated bar, kitchen, bathrooms, HVAC, roof, electrical, and plumbing
Established tenants already in occupancy
Mezzanine, tables, chairs, bar stools, and floor lighting included
D‑4 zoning at 731 Granby Street, Norfolk, VA 23510

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Updated: Aug 21

Freestanding Storefront Shell

925 E little creek rd, Norfolk, VA 23518

$105,000

1,936 sqft 0.23 AC lot

1,936 SF freestanding commercial building on a 0.23‑AC lot
Gutted shell with new framing installed; built in 1960
C‑2 zoning supports restaurant, retail, office, banking, medical‑office, and personal‑service uses
75' frontage on E. Little Creek Road with two curb cuts
16 parking spaces, pylon sign, existing signage, and bus‑line access

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Two-Story Bar and Pub

241 Granby Street, Norfolk, VA 23510

$1,400,000

6,400 sqft 0.03 AC lot

Commercial condominium space features a mezzanine, restaurant buildout, and a long-term tenant in place.

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Renovated Bar & Pub Building

731 Granby St, Norfolk, VA 23510

$1,375,000

4,132 sqft

Renovated commercial space includes a bar, kitchen, mezzanine, upgraded systems, and existing tenants.

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Equipped Conventional Restaurant

1766 E Little Creek Road, Norfolk, VA 23518

$90,000

1,100 sqft 0.50 AC lot

Existing kitchen equipment, furnishings, and inventory convey with the sale.

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Equipped Restaurant With Banquet Room

331 E Bayview Boulevard, Norfolk, VA 23503

$90,000

2,500 sqft 0.78 AC lot

Business-only offering with a commercial kitchen, full-service bar, dining area, and private-event space.

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Freestanding Storefront Shell

925 Little Creek Road, Norfolk, VA 23518

$105,000

1,936 sqft 0.23 AC lot

C-2 zoning supports restaurant, retail, personal service, office, banking, and medical office uses.

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Mixed-Use Property with Retail

5010 Princess Anne Rd E, Norfolk, VA 23502

$1,149,800

17,500 sqft

Two-level configuration combines commercial spaces with residential tenants in an established Norfolk property.

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Drive-Through Restaurant Building

9635 Duffys Ln, Norfolk, VA 23503

Contact for pricing

3,169 sqft 0.86 AC lot

Former McDonalds restaurant with an existing drive-through component on a commercially zoned site.

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Fully Equipped Conventional Restaurant

331 E Bayview Blvd #331, Norfolk, VA 23503

$90,000

2,500 sqft

Business-only offering with a commercial kitchen, bar, dining room, and private-event space.

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Turnkey Commercial Kitchen Near Ghent

813 W 39th St, Norfolk, VA 23508

Contact for pricing

943 sqft

Former cafe with commercial kitchen near Ghent neighborhood.

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Restaurant Opportunity Near ODU Campus

2700 Hampton Blvd, Norfolk, VA 23517

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2,872 sqft

Fully equipped restaurant with franchise opportunity near ODU campus.

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Norfolk Brewery/Hospitality Opportunity

723 E 23rd St, Norfolk, VA

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17,910 sqft 0.84 AC lot

Expansive 17,910 SF property ideal for breweries or hospitality ventures.

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Equipped Restaurant with Banquet Room

331-331 E Bayview Blvd, Norfolk, VA 23503

$90,000

Established restaurant setup includes a commercial kitchen, full-service bar, dining area, and private-event facilities.

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Brand-New Waterfront Restaurant Space

8180 Shore Dr, Norfolk, VA 23518

Contact for pricing

12,579 sqft

Includes a large second-floor banquet area with an outside deck overlooking marinas and customer lift service.

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Established Bar & Pub

9300 Chesapeake St, Norfolk, VA 23503

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Longstanding food-and-beverage property with a substantial on-site parking field and documented ownership history.

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Turnkey Restaurant Business

155 W Ocean View Avenue, Norfolk, VA 23503

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Restaurant business offered for sale with included equipment and renovations that are approximately 30+ years old.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Norfolk, VA, we suggest to view alternatives - similar 55 Off-Market properties to explore as potential leads.

Off-Market Properties in Norfolk, VA

Consider similar Off-Market properties in Norfolk, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BAR, TAVERN

111 College Pl, Norfolk, VA 23510-1907

$335,000

Estimated value

3,270 sqft 0.07 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

3908 Princess Anne Rd, Norfolk, VA 23502-1542

$360,000

Estimated value

3,625 sqft 0.94 AC lot

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RESTAURANT

2325 Little Crk Rd, Norfolk, VA 23518-3205

$550,000

Estimated value

3,444 sqft 0.53 AC lot

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RESTAURANT

1800 Granby St, Norfolk, VA 23517-2327

$595,000

Estimated value

1,772 sqft 0.06 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1716 Monticello Ave, Norfolk, VA 23517-2335

$1,440,000

Estimated value

2,845 sqft 0.80 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

2437 Little Crk Rd, Norfolk, VA 23518-3207

$1,700,000

Estimated value

2,860 sqft 1.38 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

3925 Hampton Blvd, Norfolk, VA 23508-2433

$295,000

Estimated value

900 sqft 0.14 AC lot

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Norfolk, VA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Norfolk, VA, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 79,609 square feet of properties for sale, with an estimated market value of $5,869,800.

Sale prices for restaurant properties in Norfolk, VA start at $90,000, averaging $586,980, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 235K

Population Growth (5Y) -4.3%

Median Household Income $64,747

College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
23517	$75K
23503	$90K
23518	$100K
23502	$1.1M
23510	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.27%

Property Tax per SF $9.43 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

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