Improved Commercial Land for Sale in Chesapeake, Virginia
1437 Sams Dr, Chesapeake, VA 23320
Well-established Mediterranean restaurant offered at $230,000, with reported annual gross sales exceeding $700,000. This turnkey business is situated in a prime, high-traffic location with a loyal local customer base. The favorable lease is secured through 2030 at $3,900 per month. An excellent opportunity for an owner-operator or investor, with established dine-in, takeout, delivery, and catering revenue streams and potential for continued growth. The sale includes the restaurant business and its existing equipment, subject to the agreed inventory. Complete financial records, including POS data and tax returns, along with an equipment inventory list, are available to qualified buyers upon request with a signed NDA. Seller is relocating. Please do not disturb employees or discuss the sale on-site. All showings are strictly by appointment only. Serious, qualified buyers only.
Location
- Street address
- 1437 Sams Dr
- County
- City of Chesapeake
- Zip code
- 23320
- Community
- Greenbrier
- Elevation
- 19 feet
Property details
- Acreage
- 5.79 acres
- MLS #
- REIN 10639627
- Posted
Details and features
Listing
- Type
- Commercial Sale
Structure
- Cooling
- Central Air
- Roof
- Shingle
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 12, 2026 | Price drop | $230,000 | $49,000 -17.6% | REIN |
| Oct 3, 2026 | Price drop | $279,000 | $120,000 -30.1% | REIN |
| Sept 24, 2026 | Price drop | $399,000 | $51,000 -11.3% | REIN |
| July 10, 2026 | New listing | $450,000 | — | REIN |