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9955 Warwick Blvd
Newport News, VA 23601

$675,000 USD

Restaurant For Sale  •  3,624 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,624 SF
  • Lot Size 0.66 AC
  • Building Class B
  • Year Built 1957
  • Cap Rate 14.34 %
  • Tenancy Multiple
  • Zoning C1
39 Transit Score
62 Walk Score

Highlights

THE BLUE STAR DINER - HISTORIC & WELL KNOWN - Only 2nd time on market in 65 years - RARE OPPORTUNITY.
Two (2) Land Parcels forming unique 0.6555 acre large corner lot on busy Warwick Blvd (27,000 vehicles per weekday). Adjacent to Hilton Village.
Columbia Pictures rented the The Blue Star Diner® to film scenes for the 1988 movie 'Zelly and Me'.
The approved blueprint files used for the Building Permit issued to Belleville Diners LLC will be provided to new owner.
MANY POSSIBLE USES IN ADDITION TO RESTAURANT USE.
Located in a Virginia Enterprise Zone (VEZ #3) - grant opportunities!

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $96,816 USD (2022)
Cap Rate: 14.34 %
Total Expenses: $5,184 USD

Amenities

  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Newport News (Northeast Regional - Amtrak) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Newport News/Williamsburg International 19 min - 9.0 mi
Norfolk International 37 min - 23.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes
Michael Lessin 703-661-6100 Belleville Premier Properties
Michael Lessin 703-661-6100 Belleville Premier Properties