4885 Witchduck Road N Virginia Beach, VA $ 1,500,000
4885 Witchduck Road N
$ 1,500,000
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4885 Witchduck Road N

Virginia Beach, VA, 23455
$ 1,500,000
Baths0.0 Sq 4,702

Monthly Estimate*

$ 9,969

4885 Witchduck Road N, Virginia Beach, VA 23455 - Image 1
4885 Witchduck Road N, Virginia Beach, VA 23455 - Image 2
4885 Witchduck Road N, Virginia Beach, VA 23455 - Image 3
4885 Witchduck Road N, Virginia Beach, VA 23455 - Image 4
4885 Witchduck Road N, Virginia Beach, VA 23455 - Image 5
Studio

Commercial Property for sale in Virginia Beach, VA

for $1,500,000. This 4,702 square foot building was built in 1960 on a lot size of 0.61.

This charming Korean BBQ Restaurant started in 2014 when the current owner converted a grocery market into restaurant. In a building with 3 units, 2 units were converted into the current luxurious restaurant, and the remining unit(1,070sf) was rented out separately. It is fully equipped with 110 seats, and has a separate party room and 14 BBQ Grills. The roof of the restaurant area was replaced 6 years ago, and the roof of the lease space area was replaced 2 years ago. There is lots of potential for new buyers. Don't miss this opportunity. One important thing is that it should not interfere with business under any circumstances. Please do not ask any questions to the employee or seller.

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,134

Style

Restaurant/Bar,Supermarket/Grocery Store

Lot Size

0.61

Year Built

1960

Town/City

Virginia Beach

County/Region

Virginia Beach City

MLS | Web ID

VAVB2000344

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Septic Public Sewer
Heating Forced Air
Cooling Central A/C Ceiling Fan(s)
Possession Settlement
Zoning C01
Construction Materials Brick Concrete
Year Built 1960
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar Supermarket/Grocery Store Other
Accessibility Level Entry - Main No Stairs
County VIRGINIA BEACH CITY
New Construction N
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge Commercial Convenience Store Office Retail Restaurant Special Purpose
Water Access Y/N N
Status ACTIVE
Directions From Richmond Follow I-64 E to US-13 N/Northampton Blvd in Norfolk. Take exit 282 from I-64 E. Take Wesleyan Dr and Baker Rd to your destination in Virginia Beach. Use the right 2 lanes to turn right
City VIRGINIA BEACH
Buyer Agent Compensation 2.5
Lot Size Units Square Feet
Lot Size Square Feet 26410.40
Waterfront Y/N N
Tax Annual Amount 5134.14
Price Per Sq Ft Total AG 319.01
Acceptable Financing Cash Other
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 284
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Property with Business(Restaurant)
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4702.00
Lot Size Acres 0.61
Lot Size Source Estimated
Land Assessed Value 305000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4885
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* Excluded Features
List By
Nbi Realty, Llc

Broker

rcsrealty@gmail.com

Email

Affordability Calculator

$10,397
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$428
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2023$1,500,000 Listed Price

Map


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4885 Witchduck Road N, Virginia Beach, VA, 23455 is a Commercial Property for sale at $1,500,000 with 4,702 sqft and a lot size of 0.61. 4885 Witchduck Road N is a studio with 0.0 baths and was built in 1960. The property's zip code is 23455 which is in Virginia Beach, VA