925 E little creek rd, Norfolk, VA 23518
sale
$105,000
|
Other
Courtesy Of Dudley Resources
Property is being sold through a simulcast auction (online and onsite bidding September 2 @ 12. List price does not reflect the final sale price. There is a 10% buyers premium added to the high bid. Property sold as is, where is. Virtual and in-person auction ends September 2 @ 1 PM. Gutted with New Framing. Dudley Auctions offers this 1,936 SF freestanding commercial building on a 0.23-AC (10,019 SF) lot in Norfolk's Little Creek submarket, zoned C2. Built in 1960, formerly Johnny's Diner, the building is now gutted to a shell with new framing installed - a clean slate for an investor or owner-operator, without demolition costs or delay. C2 zoning permits restaurant/food service, retail, personal services, professional office, banks, and medical office uses. Location & Market Overview: 75' frontage with two curb cuts on E. Little Creek Rd in an established, retail-dense corridor supporting co-tenancy and drive-by traffic. Daily traffic counts run 17,670-22,841 vehicles nearby, rising to 35,946 at N. Military Hwy/Rt. 165. Near Joint Expeditionary Base Little Creek (7.91% of 1-mile population is Armed Forces), with 696 businesses and 4,851 employees within one mile driving $19.3M in annual food-away-from-home spend. Corridor sale comps support $137-$257/SF for comparable retail/restaurant buildings (up to $475/SF trade-area-wide), well above the subject's last transfer basis of $211,000 ($108.99/SF, May 2026) - itself roughly 34% below the current $318,000 tax assessment. Property Details Building: 1,936 SF shell, new framing | Lot: 0.23 AC | Built: 1960 | Zoning: C-2 | Parking: 16 spaces | Amenities: bus line, pylon sign, existing signage | Parcel ID: 11685900 | Legal: Lot 6, Block B, Lincoln Park Auction Details Terms: As-Is, no financing contingency, 30-day close. Full Terms & Purchase Agreement available for review; all bidders responsible for independent due diligence and inspection
Read More About This Property
Read Less About This Property
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick
- Floors: 1
- MLSID: 11945535
- Roof Type: Metal
- View Type: City
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$90,000
Other
1766 E Little Creek Road
Norfolk, VA 23518
Building: 1,100 sq. ft.
|
Land: 0.5 Acres
Courtesy Of Berkshire Hathaway HomeServices RW Towne Realty
sale
$90,000
Other
331 E Bayview Boulevard 331
Norfolk, VA 23503
Building: 2,500 sq. ft.
|
Land: 0.78 Acres
Courtesy Of Abrams Realty
sale
$75,000
Other
222 W 21st Street
Norfolk, VA 23517
Building: 1,000 sq. ft.
Courtesy Of Berkshire Hathaway HomeServices RW Towne Realty