#1 • 925 E. Little Creek Rd. Norfolk, Va 23518
Part of Freestanding Retail/Restaurant Building – C2-Zoned Former Diner with 16 Parking Spots on High-Traffic Little Creek Rd, Norfolk, VA (listings by Dudley Resources)
Status: Available
SELLING AT OR ABOVE $250,000 Property is being sold through a Simulcast auction on Wednesday, September 2nd at 1 PM. On site bidding will start at 1 PM Open House will be Wednesday August 26th from 12-1 PM. Dudley Auctions is pleased to offer this 1,936 SF freestanding commercial building on a 0.23-acre (10,019 SF) lot in Norfolk's Little Creek submarket, zoned C2 (General Commercial) with 16 Parking Spaces. Originally built in 1960 and most recently home to Johnny's Diner, the building has since been gutted down to a shell with new framing already installed — giving an investor or owner-operator a clean slate to build out a concept of their own, without the cost or delay of demolition. C2 zoning supports a wide range of by-right uses, including restaurant/food service, retail sales, personal services, professional office, banks, and medical offices, so the building's next chapter isn't locked into its past. Location & Market The property sits on a 75-foot frontage with two curb cuts along E. Little Creek Rd, inside an established, retail-dense corridor rather than an isolated pad site - supporting co-tenancy and drive-by traffic for whatever concept comes next. Daily traffic counts run 17,670–22,841 vehicles near the subject, rising to 35,946 near the N. Military Hwy/Rt. 165 intersection. The trade area benefits from proximity to Joint Expeditionary Base Little Creek (7.91% of the 1-mile population is Armed Forces) and a strong daytime employment base of 696 businesses and 4,851 employees within one mile, supporting $19.3M in annual food-away-from-home spending independent of residential population trends. Recent corridor sale comparables on E. Little Creek Rd support $137–$257/SF for comparable retail/restaurant buildings, and broader 5-mile trade area comps range up to $475/SF - well above the subject's most recent transfer basis of $211,000 ($108.99/SF, May 2026), which itself sits roughly 34% below the current $318,000 tax assessment. Property Details Building Size: 1,936 SF (gutted shell, new framing in place) Lot Size: 0.23 AC / 10,019 SF Year Built: 1960 Zoning: C2 (Norfolk) Parking: 16 surface spaces Amenities: Bus line, pylon sign, existing signage Parcel ID: 11685900 | Legal Description: Lot 6, Block B, Lincoln Park Auction Details Auction Date & Time: August 13, 2026 @ 2:00 PM Opening Bid: $150,000 Agent on Site: July 30, 2026, 11:00 AM- 1:00 PM and August 6, 2026, 11:00 AM- 1:00 PM Buyer's Premium: 10% added to the highest bid Terms: Sold As-Is, no financing contingency, 30-day closing Full Terms & Conditions and Purchase Agreement are available for review before bidding - all bidders are responsible for independent due diligence and inspection. Review Due Diligence Packet in the Documents Tab or CLICK HERE Contact Phil Bonnie, Partner / Associate Broker Dudley Auctions, Inc. dba Dudley Resources pbonnie@dudleyresources.com | (757) 651-1729 DPOR Firm License No. 0226032329