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    Norfolk, VA
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    Norfolk, VA Restaurants for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA
    9 results
    Historic Norfolk Restaurant Investment Opportunity
    $1,400,000
    6,400 SF

    Historic Norfolk Restaurant Investment Opportunity

    241 Granby Street, Norfolk, VA 23510

    Turnkey restaurant and bar in downtown Norfolk's historic district.

    • Stabilized, turnkey investment with long‑term tenant in place providing immediate income.
    • Prime location in downtown Norfolk's historic district in a high‑traffic, centrally located corridor.
    • Spacious two‑story restaurant and bar with additional mezzanine level.
    • One of the largest restaurant footprints in the area.
    • Extensive tap system already installed.
    Updated: Apr 9
    View details
    Norfolk Commercial Property For Sale
    $895,000
    2,987 SF

    Norfolk Commercial Property For Sale

    1501 E Little Creek Road, Norfolk, VA 23518

    Commercial property in a prime location with great visibility.

    • Prime location with high visibility on a heavily traveled road.
    • Zoned C2, suitable for Restaurant, Business, or Retail use.
    • Ample parking with a repaved parking lot.
    • Suitable for a Dealership with a Conditional Use Permit.
    • New paint and carpet inside.
    Updated: Oct 4, 2024
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    Retail Property on Heavily Traveled Road
    $895,000
    2,987 SF

    Retail Property on Heavily Traveled Road

    Retail or restaurant opportunity with high visibility and ample parking.

    1501 E Little Creek Road, Norfolk, VA 23518
    View details
    Retail Property with Drive Thru
    $795,000
    4,197 SF

    Retail Property with Drive Thru

    Retail property with drive-thru, value-add opportunity, high traffic location.

    5357 E Princess Anne Rd, Norfolk, VA
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    Turnkey Restaurant Space Near Ghent
    $325,000
    943 SF

    Turnkey Restaurant Space Near Ghent

    Renovated restaurant space ideal for various food-service concepts.

    813 W 39th St, Norfolk, VA 23508
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    Turnkey Commercial Kitchen Near Ghent
    $299,000
    943 SF

    Turnkey Commercial Kitchen Near Ghent

    Former cafe with commercial kitchen near Ghent neighborhood.

    813 W 39th St, Norfolk, VA 23508
    View details
    Restaurant Opportunity Near ODU Campus
    $1,975,000
    2,872 SF

    Restaurant Opportunity Near ODU Campus

    Fully equipped restaurant with franchise opportunity near ODU campus.

    2700 Hampton Blvd, Norfolk, VA 23517
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    Norfolk Brewery/Hospitality Opportunity
    Contact for pricing
    17,910 SF

    Norfolk Brewery/Hospitality Opportunity

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

    723 E 23rd St, Norfolk, VA
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    Waterfront Restaurant Space For Sale
    Contact for pricing
    12,579 SF

    Waterfront Restaurant Space For Sale

    New restaurant space with banquet hall and boat access.

    8180 Shore Dr, Norfolk, VA
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Restaurant and Lounge For Sale
    $145,000
    3,200 SF

    Established Restaurant and Lounge For Sale

    Turnkey restaurant and lounge with seating for 160.

    2139 Chesapeake Drive, Chesapeake, VA 23324
    View details
    Restaurant Space on South Military
    $1,199,000
    2,623 SF

    Restaurant Space on South Military

    High-visibility restaurant space centrally located on South Military Highway.

    1370 S Military Hwy, Chesapeake, VA
    View details
    Retail
    $1,650,000
    2,944 SF

    Retail

    Restaurants · 2,944 SF

    5720 Northampton Blvd, Virginia Beach, VA 23455
    View details
    McDonald's in Virginia Beach, VA
    Contact for pricing
    3,397 SF

    McDonald's in Virginia Beach, VA

    Leased to McDonald’s since 2001 with renewal options.

    5236 Fairfield Blvd, Virginia Beach, VA
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot in Hampton, VA
    $200,000
    0.41 Acres

    Corner Lot in Hampton, VA

    Vacant corner lot with potential for various commercial uses.

    50 Settlers Landing Road lot: 13, Hampton, VA 23669
    View details
    Commercial Land in Chesapeake, VA
    $495,000
    1.26 Acres

    Commercial Land in Chesapeake, VA

    1.262 acres of commercial land for sale.

    1601 Cahoon Parkway |, Chesapeake, VA 23322
    View details
    Suffolk Commercial Land Opportunity
    $189,900
    7,511 SF

    Suffolk Commercial Land Opportunity

    B-1 zoned flat lot with excellent commercial potential.

    208 E. Pinner St, Suffolk, VA 23434
    View details
    Moyock, NC Vacant Land
    $1,200,000
    3.24 Acres

    Moyock, NC Vacant Land

    Vacant, grassed 3.24 acre property in Moyock, North Carolina.

    335/349 Caratoke Highway lot: 1 & 2, Moyock, NC 27958
    View details

    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.

    111 College Pl
    BAR, TAVERN
    3,270 SF Lot: 0.07 Acres
    Value Estimation by Request

    111 College Pl, Norfolk, VA 23510-1907

    View details
    3908 Princess Anne Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,625 SF Lot: 0.94 Acres
    Value Estimation by Request

    3908 Princess Anne Rd, Norfolk, VA 23502-1542

    View details
    2325 Little Crk Rd
    RESTAURANT
    3,444 SF Lot: 0.53 Acres
    Estimated value
    $550,000

    2325 Little Crk Rd, Norfolk, VA 23518-3205

    View details
    1800 Granby St
    RESTAURANT
    1,772 SF Lot: 0.06 Acres
    Estimated value
    $595,000

    1800 Granby St, Norfolk, VA 23517-2327

    View details
    1716 Monticello Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,845 SF Lot: 0.80 Acres
    Estimated value
    $1,440,000

    1716 Monticello Ave, Norfolk, VA 23517-2335

    View details
    2437 Little Crk Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,860 SF Lot: 1.38 Acres
    Estimated value
    $1,700,000

    2437 Little Crk Rd, Norfolk, VA 23518-3207

    View details
    3925 Hampton Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD
    900 SF Lot: 0.14 Acres
    Value Estimation by Request

    3925 Hampton Blvd, Norfolk, VA 23508-2433

    View details
    8101 Shr Dr
    RESTAURANT
    3,625 SF Lot: 0.43 Acres
    Estimated value
    $870,000

    8101 Shr Dr, Norfolk, VA 23518-2429

    View details
    7943 Shr Dr
    RESTAURANT
    2,009 SF Lot: 0.18 Acres
    Estimated value
    $520,000

    7943 Shr Dr, Norfolk, VA 23518-2452

    View details
    3200 Tidewater Dr
    RESTAURANT
    2,144 SF Lot: 0.16 Acres
    Estimated value
    $520,000

    3200 Tidewater Dr, Norfolk, VA 23509-1147

    View details
    4640 Princess Anne Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,204 SF Lot: 0.33 Acres
    Estimated value
    $575,000

    4640 Princess Anne Rd, Norfolk, VA 23502-1670

    View details
    2700 Hampton Blvd
    RESTAURANT
    2,872 SF Lot: 0.12 Acres

    2700 Hampton Blvd, Norfolk, VA 23517-1010

    View details
    4226 Granby St
    RESTAURANT
    2,213 SF Lot: 0.12 Acres
    Value Estimation by Request

    4226 Granby St, Norfolk, VA 23504-1110

    View details
    9300 Chesapeake St
    BAR, TAVERN
    5,785 SF Lot: 0.07 Acres
    Estimated value
    $580,000

    9300 Chesapeake St, Norfolk, VA 23503-1917

    View details
    8001 Hampton Blvd
    RESTAURANT
    2,788 SF Lot: 0.56 Acres
    Estimated value
    $610,000

    8001 Hampton Blvd, Norfolk, VA 23505-1001

    View details

    Norfolk, VA Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Norfolk, VA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 20,386 square feet of properties for sale, with an estimated market value of $6,285,000.

    Sale prices for restaurant properties in Norfolk, VA start at $325,000, averaging $1,047,500, and reaching up to $1,975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Conventional restaurants 6
    Bars & Pubs 2
    Coffee shops 1
    Commercial kitchens 1
    Drive through restaurants 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    23508 $312K
    23518 $895K
    23510 $1.4M
    23517 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $9.43 per sq ft
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Norfolk, VA

    • 23508
    • 23518
    • 23510
    • 23517

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