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    Historic Norfolk Restaurant Investment Opportunity
    Updated: Apr 9
    Historic Norfolk Restaurant Investment Opportunity

    241 Granby Street, Norfolk, VA 23510

    $1,400,000
    6,400 sqft 0.03 AC lot
    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.
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    This listing looks promising.

    Here's a quick look at some key insights for

    241 Granby Street, Norfolk, VA 23510

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    • Est. Cap Rate

      5.7%
      NOI ÷ price

    • Est. NOI

      $80K
      Annual

    • Price @ 7% Cap

      $1.14M
      Suggested
    View Property Analytics
    Downtown Restaurant Building
    Updated: Jun 9
    Downtown Restaurant Building

    522 N Main Street, Farmville, VA 23901

    $649,900
    4,000 sqft 1.28 AC lot
    4,000 SF building with commercial kitchen, two dining areas, conference room, two bathrooms, office area, and approx. 840 SF unfinished storage
    Four separate 200‑amp electrical meters plus a 300‑amp service in the main building
    Equipped with four heat pump/split systems
    Main building is wired for a generator
    1.28‑acre lot with ample parking and room to expand
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    Multi-Use Recreation & Event Facility
    Multi-Use Recreation & Event Facility

    1201 W Danville Street, South Hill, VA 23970

    $1,499,999
    21,164 sqft 4.00 AC lot

    Two-building facility with restaurant and bar, gym, and a retractable-roof 25-meter pool set on 4 acres with outdoor areas.

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    Turnkey Restaurant & Bar Building
    Turnkey Restaurant & Bar Building

    731 Granby Street, Norfolk, VA 23510

    $1,375,000
    4,132 sqft 0.07 AC lot

    2017 renovated bar and restaurant building offered for sale with tenants in place and updated interior systems.

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    Waterfront Restaurant and Marina
    Waterfront Restaurant and Marina

    17 Atlantic Avenue, Wachapreague, VA 23480

    $2,800,000
    10,378 sqft 0.87 AC lot

    Premier waterfront dining with a full-service marina, supporting both land and boat-based traffic.

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    Turn-Key Restaurant & Event Venue
    Turn-Key Restaurant & Event Venue

    106 Stoney Battery Rd, Troutville, VA 24175

    $925,000
    7,400 sqft 1.24 AC lot

    Restaurant, bar, catering, and event venue in growing area.

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    Iconic Restaurant on Route 13
    Iconic Restaurant on Route 13

    6468 LANKFORD HWY, Nassawadox, VA 23413

    $1,400,000
    4,286 sqft 5.98 AC lot

    Long-established restaurant and seafood retail property on 5.98 acres.

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    Attached Mixed-Use Commercial Buildings
    Attached Mixed-Use Commercial Buildings

    7 E Market St, Leesburg, VA 20176

    $1,000,000
    14,146 sqft 0.19 AC lot

    Three attached commercial buildings are sold as a single offering with shared heating and designated rear parking spaces.

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    Turnkey Stand-Alone Restaurant Property
    Turnkey Stand-Alone Restaurant Property

    1370 S Military Highway, Chesapeake, VA 23320

    $779,000
    2,623 sqft 0.57 AC lot

    Stand-alone restaurant building with extensive commercial kitchen equipment, dining furniture, and real estate ownership.

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    Established Hotel & Restaurant For Sale
    Established Hotel & Restaurant For Sale

    7 NORTH ST, Onancock, VA 23417

    $1,250,000
    5,450 sqft 0.20 AC lot

    Fine dining restaurant, bar, and boutique hotel in Onancock.

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    Four-Food Storefront Restaurant Condos
    Four-Food Storefront Restaurant Condos

    1100 CELEBRATION AVENUE SUITES 201-204, Moneta, VA 24121

    $895,000
    7,811 sqft

    Four furnished restaurant retail storefronts offered as-is, ready for immediate use or conversion to other dining or retail setups.

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    Turn-Key Restaurant and Retail Building
    Turn-Key Restaurant and Retail Building

    3515 Main Street, Exmore, VA 23350

    $550,000
    10,000 sqft 0.78 AC lot

    Commercial building includes a turn-key diner/restaurant and farm stand with new HVAC, 10-foot ceilings, and city sewer and water.

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    Landmark Gate City Mixed-Use Property
    Landmark Gate City Mixed-Use Property

    114 W Jackson Street, Gate City, VA 24251

    $1,450,000
    24,345 sqft 0.34 AC lot

    Large, historic building with commercial, residential, and mixed-use potential.

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    Commercial Kitchen Retail Building
    Commercial Kitchen Retail Building

    4919 VALLEY PIKE, Stephens City, VA 22655

    $649,000
    3,184 sqft 1.50 AC lot

    Mixed-use retail building with office space and a fully equipped commercial kitchen on a 1.5-acre lot.

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    Turn-Key Event Venue with Kitchen
    Turn-Key Event Venue with Kitchen

    2554 Sandy Level Road, Goodview, VA 24095

    $472,500
    4,418 sqft 5.61 AC lot

    Fully renovated event venue with commercial chef’s kitchen, concert-grade AV, and outdoor ceremony area.

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    Adaptable Commercial Property on Euclid Avenue
    Adaptable Commercial Property on Euclid Avenue

    2165 Euclid Avenue, Bristol, VA 24201

    $699,000
    2,528 sqft 0.36 AC lot

    Highly visible commercial property with flexible layout on Euclid Avenue.

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    Turn-Key Restaurant with Commercial Units
    Turn-Key Restaurant with Commercial Units

    11669 LEE Hwy, Sperryville, VA 22740

    $795,000
    4,824 sqft 3.35 AC lot

    Fully equipped restaurant with additional commercial units and high visibility.

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    Versatile Income-Producing 4-Unit Property
    Versatile Income-Producing 4-Unit Property

    227 Sunny Bank Road, Reedville, VA 22539

    $495,500
    4,132 sqft 0.50 AC lot

    Four units: store, restaurant, 3-bedroom apartment, and loft.

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    Freestanding Restaurant on Major Boulevard
    Freestanding Restaurant on Major Boulevard

    2005 Lafayette Blvd, Fredericksburg, VA 22401

    $1,400,000
    1,456 sqft 0.47 AC lot

    Freestanding restaurant property on Lafayette Boulevard with strong daily drive-by exposure and CT zoning for flexible commercial use.

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    Historic Mixed-Use Victorian Landmark
    Historic Mixed-Use Victorian Landmark

    330 Main Street, Smithfield, VA 23430

    $725,000
    3,261 sqft 0.21 AC lot

    Dual-zoned Victorian mixed-use property renovated in 2024, with 5 bedrooms, 4 full baths, and private courtyard.

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    Freestanding Restaurant and Bar Building
    Freestanding Restaurant and Bar Building

    2920 ANNANDALE ROAD, Falls Church, VA 22042

    $3,000,000
    3,258 sqft

    Standalone restaurant and bar with commercial kitchen equipment, walk-in refrigeration, dining/entertainment space, and dedicated parking.

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    Restaurant Building with Drive-In Potential
    Restaurant Building with Drive-In Potential

    3506 Washington Avenue, Newport News, VA 23607

    $300,000
    5,765 sqft 0.07 AC lot

    Restaurant building near Newport News Shipyard with convenient interstate access for food and related concepts.

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    Downtown Multi-Unit Restaurant Condos
    Downtown Multi-Unit Restaurant Condos

    1100 Celebration Avenue Unit SUITES 2, Moneta, VA 24121

    $895,000
    7,811 sqft

    Four furnished restaurant and retail storefront condos are available as-is, with multiple unit setups and commercial kitchens.

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    Restaurant Building in Newport News
    Restaurant Building in Newport News

    3506 Washington Avenue, Newport News, VA 23607

    $300,000
    5,765 sqft

    Restaurant property offers a 5,765-square-foot building near Newport News Shipyard and interstate access.

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    Virginia Restaurants Market Trends and Statistics

    Explore 292 restaurants for sale in Virginia, showcased through 292 active listings on our real estate platform. These investment opportunities span a total of 1,244,146 square feet of properties for sale, with an estimated market value of $239,150,126.

    Sale prices for restaurant properties in Virginia start at $48,500, averaging $1,092,009, and reaching up to $16,650,000 — 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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