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$ 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
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Listed by Sunrise Real Estate Group
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Michael & Lena Hogue
Real Estate Professionals | Lic# M:0225220790 | L:0225222967