130 Commerce ST, Suffolk, VA 23434

$450,000 Asking Price

4,368  sqft
Built in 1960

Dreaming of owning your own restaurant? Here is your chance to purchase a turnkey restaurant and building in downtown Suffolk. The 4300 square foot building alone is worth is the price with a brand-new membrane roof, large outdoor patio space, and located next to a large free city parking lot – a huge convenience for your customers. The restaurant has a loyal following, is fully equipped with a large commercial kitchen, including a four year young hood system. The building could be eligible for up to $10,000 from Suffolk’s Facade Improvement Program and another $10,000 through Suffolk’s Small Business Improvement Grant. Whether you are looking for a restaurant, or just a solid investment property downtown call today for your private tour.


Features & Amenities

Interior

Flooring:
Concrete
A/C:
Heat Pump,Zoned
Heating:
Forced Hot Air,Gas,Zoned

Exterior

General:
Brick
Parking:
Off Street,Paved,1-25 Spcs

Construction

Roofing:
Other
General:
Block, 1, Slab

Location

County:
Suffolk VA

Lot

Zoning:
CBD
Current Use:
Restaurant

Utilities

Utilities:
City Sewer,City Water,Electric,Gas Avail

This listing courtesy of:
Cross Realty, Lee Cross

About Suffolk, VA

Housing

Number of Units
38,092
Median Home Value
$273,088
Median Rent
$1,021

32.81% of housing units are renter occupied.

7.36% are vacant.

Commute

Car
78.84%
Public Transportation
0.28%
Walk to Work
0.77%
Work from Home
19.41%
Other
0.57%

The median travel time to work is 25 minutes.

People

Population
96,646
Median Age
39.50
Median Household Size
2.91

Education

High School
25.64%
Associate’s Degree
9.25%
Bachelor’s Degree
18.49%
Graduate Degree
12.13%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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