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About This Home

This 0-bedroom, 0-bathroom commercial at 1370 S Military Highway in Chesapeake, VA is listed for $795,000 ($303 per sqft). Built in 1977, the home offers 2,623 sqft of living space on a 0.57 acres lot.

Agent Description

Rare turnkey commercial opportunity! Own a well-established restaurant and valuable real estate in a high-visibility Chesapeake location. This successful restaurant has served the community for nearly 20 years, earning a strong reputation, loyal customer base, and proven operating history.

The complete package includes a 2,623 SF stand-alone restaurant building situated on a 25,003 SF lot, established business, goodwill, furniture, fixtures, and extensive commercial kitchen equipment. The fully operational kitchen includes pizza ovens, grills, refrigeration, food preparation equipment, dining furniture, and additional essential assets, providing a seamless transition for the new owner.

This versatile opportunity is good for an owner-operator, investor, or entrepreneur seeking a fully equipped restaurant facility with real estate ownership. The property offers excellent visibility along S Military Highway with ample parking and strong potential for continued operation or a new restaurant concept.

Purchase options available: Complete Package - $795,000: Real estate, established business, equipment, furniture & fixtures. Business Only - $140,000: Established business, equipment & goodwill. Lease terms available with approximately $5,500/month rent.

A rare opportunity to acquire a nearly two-decade established restaurant and commercial property in Chesapeake. Contact the listing agent for additional details and a private showing. Please do not visit the restaurant or speak with employees regarding the sale without a scheduled appointment and prior coordination with the listing agent.

Key Features

  • Built in 1977
  • 0.57 acre lot

Property Details

1977

Amenities

A/C

Monthly Cost Estimate

$4,252/mo

20% down · 6.5% · 30 years

Principal$575
Interest$3,445
Insurance$232

Estimates only. Actual payments may vary.

Location

1370 S Military Highway

Chesapeake, VA 23320

GREENBRIER

Property Details

Cooling

Central AirHeat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1370 S Military Highway is listed at $795,000 ($303/sqft). The estimated monthly payment is $3,445 based on 20% down at 6.5% interest.

Key features include: Built in 1977, 0.57 acre lot.

This property is listed by Mustafa Cuce and can be reached at (757) 805-2286 or mustafa@sunriserealestategroup.com.

MC

Mustafa Cuce

Agent at Sunrise Real Estate Group

(757) 805-2286

Listed by Sunrise Real Estate Group

MLS# 10639157· Source: listhub· Updated 6 days ago

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1370 S Military Highway, Chesapeake, VA 23320

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