925 E Little Creek RD, Norfolk, VA 23518
925 E Little Creek RD, Norfolk, VA 23518
925 E Little Creek RD, Norfolk, VA 23518
925 E Little Creek RD, Norfolk, VA 23518
925 E Little Creek RD, Norfolk, VA 23518
925 E Little Creek RD, Norfolk, VA 23518
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$ 105,000
Est. payment | /mo

10,018 Sqft Lot


$ 105,000
Est. payment | /mo

10,018 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2618773

HOA Y/N No

Year Built 1960

Lot Size 10,018 Sqft

Acres 0.23

Property Description

Property is being sold through a simulcast auction (online and onsite bidding September 2 @ 1 PM. 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 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

Location

State VA

County Norfolk

Area 128 - Norfolk

Building

Story 1

Level or Stories One

Others

Tax ID 11685900

Ownership Investment,Owner-User

Virtual Tour https://www.dudleyresources.auction/auctions/detail/bw165516

Central Virginia Regional MLS (CVR MLS)
Listed by Dudley Resources

Schools and Properties Nearby

Shondra Tyler

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925 E Little Creek RD