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About This Home

This 0-bedroom, 0-bathroom commercial at 2900 Airline Boulevard in Portsmouth, VA is listed for $246,000 ($40 per sqft). Built in 1964, the home offers 6,080 sqft of living space on a 1.21 acres lot.

Agent 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.

Key Features

  • Built in 1964
  • 1.21 acre lot

Property Details

1964

Amenities

A/C

Monthly Cost Estimate

$1,316/mo

20% down · 6.5% · 30 years

Principal$178
Interest$1,066
Insurance$72

Estimates only. Actual payments may vary.

Location

2900 Airline Boulevard

Portsmouth, VA 23701

ALL OTHERS AREA 22

Property Details

Heating

Natural Gas

Cooling

Central AirHeat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2900 Airline Boulevard is listed at $246,000 ($40/sqft). The estimated monthly payment is $1,066 based on 20% down at 6.5% interest.

Key features include: Built in 1964, 1.21 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# 10640401· Source: listhub· Updated 4 days ago

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2900 Airline Boulevard, Portsmouth, VA 23701

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