REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 246,000
Est. payment | /mo
6,080 SqFt
$ 246,000
Est. payment | /mo
6,080 SqFt
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 6,080 sqft
Price per Sqft $40
Subdivision All Others Area 22
MLS Listing ID 10640401
HOA Y/N No
Year Built 1964
Annual Tax Amount $8,448
Lot Size 1.212 Acres
Property Sub-Type Purchase
Property Description
Exceptional opportunity to acquire a well-established, fully equipped full-service restaurant in a prime Portsmouth location. Serving breakfast, lunch, and dinner, this turn-key operation is ready for a new owner to step in and continue or expand the business.
The restaurant features seating for approximately 130 guests, including a private dining room accommodating up to 30 guests, making it for special events, meetings, parties, and catering opportunities. The sale includes a complete package of commercial kitchen equipment, including double pizza ovens, grills, fryers, prep stations, walk-in cooler, walk-in freezer, and all furniture, fixtures, and equipment necessary for daily operations.
Additional highlights include six POS stations, established dine-in and takeout operations, ample parking, strong visibility, and significant growth potential. Suitable for a variety of restaurant concepts, including family dining, breakfast house, buffet, Mediterranean, Italian, American, seafood, or franchise conversion.
Long-term lease available with favorable rent of only $4,500 per month. Rare opportunity to acquire a spacious, fully operational restaurant at a fraction of replacement cost. Business only; real estate not included. Confidential sale. Contact listing agent for additional details and showing instructions.
The restaurant features seating for approximately 130 guests, including a private dining room accommodating up to 30 guests, making it for special events, meetings, parties, and catering opportunities. The sale includes a complete package of commercial kitchen equipment, including double pizza ovens, grills, fryers, prep stations, walk-in cooler, walk-in freezer, and all furniture, fixtures, and equipment necessary for daily operations.
Additional highlights include six POS stations, established dine-in and takeout operations, ample parking, strong visibility, and significant growth potential. Suitable for a variety of restaurant concepts, including family dining, breakfast house, buffet, Mediterranean, Italian, American, seafood, or franchise conversion.
Long-term lease available with favorable rent of only $4,500 per month. Rare opportunity to acquire a spacious, fully operational restaurant at a fraction of replacement cost. Business only; real estate not included. Confidential sale. Contact listing agent for additional details and showing instructions.
Location
State VA
County Portsmouth
Area 22 - Northwest Portsmouth
Zoning GMU
Interior
Heating Gas
Cooling Central Air, Heat Pump
Exterior
Parking Features 51-100 Spcs
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Asphalt Shingle
Building
Foundation Slab
Others
Senior Community No
Ownership Business Only
Disclosures None
Special Listing Condition None
© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by Sunrise Real Estate Group
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs