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925 E Little Creek Road, Norfolk, VA 23518 (MLS # 2618773)

Price $150,000
Status Active
Size n/a
Lot Size 10,019 sqft
Days on Market 17
Property is being sold through. a Virtual auction. 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 August 13th @ 2PM. 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 Date: Aug 13, 2026 @ 2:00 PM | Opening Bid: $150,000 | Agent on Site: July 30 & Aug 6, 11AM-1PM | Buyer's Premium: 10% added to the highest bid | 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
Property Type(s): Commercial
Last Updated 7/9/2026 Year Built 1960
Community 128 - Norfolk County Norfolk

Additional Details

AREA 128 - Norfolk
INTERIOR SingleTenant
LOT 10019 sq ft
STORIES 1

Location

 

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Listed with Dudley Resources

All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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Last Updated: 7/26/26 11:33 AM PDT

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