Veterans United Realty
15 Photos

1109 Campostella RD, Norfolk, VA 23523

$325,000 Asking Price

897  sqft
Built in 1958

RESTAURANT BUILDING, LAND AND EQUIPMENT FOR SALE LOCATED AT THE CAMPOSTELLA RD AND INDIAN RIVER RD INTERSECTION. FULLY EQUIPPED QUICK-SERVICE RESTAURANT KITCHEN INCLUDES, HOOD, RANGES, COMMERCIAL REFRIGERATOR, GREASE TRAP, FIRE SUPPRESSION SYSTEM, COUNTERS AND DRIVE THROUGH WINDOW. THERE IS CURRENTLY A RESTAURANT TENANT IN THE FACILITY ON A MONTH-TO-MONTH LEASE. THEIR LEASE PAYMENT IS $2,000 PER MONTH. THE BUYER OF THIS PROPERTY CAN CHOOSE TO CONTINUE LEASING IT TO THE TENANT FOR CASH-FLOW INVESTMENT INCOME OR ESTABLISH THEIR OWN RESTAURANT BUSINESS IN THE PROPERTY.


Listing Status:
Active
Date Added:
June 13, 2024 — 117 days ago
Listing Office:
1st Class Real Estate Integrity, Amma Guerrier
Office Phone:
757-431-7521
MLS ID:
10538241

Features & Amenities

Interior

Flooring:
Concrete,Other
A/C:
Central Air
Heating:
Electric

Exterior

General:
Brick
Parking:
1-25 Spcs

Construction

Roofing:
Poly Skin
General:
Frame, 1, Slab

Location

County:
Norfolk VA

Lot

Zoning:
C-2
Current Use:
Restaurant

Utilities

Utilities:
City Sewer,City Water,Electric,Gas

This listing courtesy of:
1st Class Real Estate Integrity, Amma Guerrier

About Norfolk, VA

Housing

Number of Units
94,482
Median Home Value
$243,135
Median Rent
$946

56.54% of housing units are renter occupied.

8.33% are vacant.

Commute

Car
71.31%
Public Transportation
3.75%
Walk to Work
3.57%
Work from Home
19.49%
Other
1.08%

The median travel time to work is 20 minutes.

People

Population
231,789
Median Age
34.00
Median Household Size
2.52

Education

High School
24.99%
Associate’s Degree
8.24%
Bachelor’s Degree
19.30%
Graduate Degree
11.71%

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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