Veterans United Realty
21 Photos

424 N Newtown RD, Virginia Beach, VA 23462

$80,000 Asking Price

1,550  sqft

New interior and some updated kitchen equipment in a established money making with positive cash flow turnkey restaurant. Annual gross sale is over $400k. Rent is around $3000 including CAMS & NNN. This unique opportunity is located in the heart of Virginia Beach Newtown RD area. High traffic count with great visibility and Immediately off I-264 & with ample parking. Currently a sushi & fried chicken dine in /take out restaurant. Some food restriction may apply per landlord's lease.


Listing Status:
Active
Date Added:
November 7, 2023 — 242 days ago
Listing Office:
GreenTree Realty Inc., Sudan Weng
Office Phone:
757-277-9700
MLS ID:
10509726

Features & Amenities

Interior

A/C:
Central Air
Heating:
Electric,Gas,Heat Pump

Exterior

General:
Brick
Parking:
26-50 Spcs

Construction

Roofing:
Asphalt Shingle,Concrete
General:
Concrete,Renovated, Slab

Location

County:
Virginia Beach VA

Lot

Current Use:
Restaurant

Utilities

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

Financial

NA Compensation:
3%

This listing courtesy of:
GreenTree Realty Inc., Sudan Weng

About Virginia Beach, VA

Housing

Number of Units
185,541
Median Home Value
$327,913
Median Rent
$1,239

37.28% of housing units are renter occupied.

5.83% are vacant.

Commute

Car
73.21%
Public Transportation
0.62%
Walk to Work
1.11%
Work from Home
23.50%
Other
0.99%

The median travel time to work is 20 minutes.

People

Population
449,544
Median Age
38.00
Median Household Size
2.78

Education

High School
20.58%
Associate’s Degree
11.72%
Bachelor’s Degree
22.85%
Graduate Degree
14.24%

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

Veterans United Homefront

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