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    Gloucester, VA
    Conventional Restaurant

    Gloucester, VA Conventional Restaurants for Sale

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    North, VA Hayes, VA Mathews, VA Hampton, VA Ordinary, VA Bohannon, VA Cardinal, VA Cobbs Creek, VA
    Restaurant Building with Frontage
    Updated: Jul 16
    Restaurant Building with Frontage

    6870 Main Street, Gloucester, VA 23061

    $650,000
    0.87 AC lot
    3,926‑square‑foot restaurant building constructed in 1956
    Renovations completed in 1986
    Currently operating with occupancy of 86
    Over 150 feet of road frontage on Main Street
    On‑site parking available
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    Restaurant Building with Road Frontage
    Updated: Sep 6, 2024
    Restaurant Building with Road Frontage

    6870 Main Street, Gloucester, VA 23061

    $650,000
    3,926 sqft 0.87 AC lot
    3,926 SF restaurant building on 0.87‑acre parcel
    Over 150 feet of road frontage on Main Street
    B‑2 zoning
    Renovations completed in 1986; landmark since 1956
    Currently operating as a restaurant with 86 occupancy
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    Historic Restaurant Property For Sale
    Historic Restaurant Property For Sale

    6870 Main Street, Gloucester, VA 23061

    $650,000
    3,926 sqft 0.87 AC lot

    Established restaurant property in Gloucester Courthouse with high visibility.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Gloucester, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sushi King Restaurant For Sale
    Sushi King Restaurant For Sale

    11883 Jefferson Ave, Newport News, VA 23606

    $2,650,000

    Freestanding restaurant in a core retail corridor. Redevelopment opportunity.

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    Restaurant Outparcel Opportunity
    Restaurant Outparcel Opportunity

    2159 Coliseum Dr, Hampton, VA 23666

    Contact for pricing

    Applebee’s is positioned as an outparcel to a 25-acre shopping center in Hampton, Virginia.

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    Casual Dining Restaurant Property
    Casual Dining Restaurant Property

    12832 Jefferson Avenue, Newport News, VA 23608

    Contact for pricing

    Casual dining restaurant location at 12832 Jefferson Avenue in Newport News, Virginia.

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    Turnkey Restaurant With New HVAC
    Turnkey Restaurant With New HVAC

    1165 Poquoson Ave, Hampton, VA 23662

    Contact for pricing

    Restaurant property includes furniture, fixtures, equipment, a new HVAC system with ducts, fire suppression, and a backup generator.

    View details

    Gloucester, VA Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Gloucester, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,852 square feet of properties for sale, with an estimated market value of $1,950,000.

    Sale prices for conventional restaurants in Gloucester, VA average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Drive through restaurants 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +6.9%
    Median Household Income $91,547
    College Educated 39.3%

    High-Yield Neighborhoods for Investment

    Identify Gloucester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23061 $487.5K

    Taxes & Financing

    Tax Rate (average for all types) 0.58%
    Property Tax per SF $13.51 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gloucester County

    New Delisted

    Total CRE Inventory on Market (SF)

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