Conventional Restaurant

Lynchburg, VA Conventional Restaurants for Sale

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Rustburg, VA Madison Heights, VA Forest, VA Amherst, VA Concord, VA Evington, VA Monroe, VA Spout Spring, VA
Updated Commercial Property in Lynchburg
Updated: Apr 26
Updated Commercial Property in Lynchburg

3014 Memorial Ave, Lynchburg, VA 24501

$899,999
12,000 sqft
Fully updated, move‑in ready 12,000 sq. ft. commercial property.
Prime location in the heart of Lynchburg, VA.
Completely renovated interior with granite countertops and high‑end finishes.
Fully equipped commercial kitchen.
Additional lot behind the property for expansion or outdoor dining.
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Restaurant and Grocery Market
Updated: Apr 11
Restaurant and Grocery Market

525 Alleghany Ave, Lynchburg, VA 24501

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Market with Korean grocery and restaurant offering dine‑in and carry‑out alongside grocery shopping
Full equipped electric grill kitchen with 3 sinks for cooking service
Building includes potential finished use for an office and plenty of storage space
Terrace level has windows and a garage door
Zoned B‑5 for general business and commercial retail
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lynchburg, 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.

Four-Food Storefront Restaurant Condos
Four-Food Storefront Restaurant Condos

1100 CELEBRATION AVENUE SUITES 201-204, Moneta, VA 24121

$895,000
7,811 sqft

Four furnished restaurant retail storefronts offered as-is, ready for immediate use or conversion to other dining or retail setups.

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Downtown Multi-Unit Restaurant Condos
Downtown Multi-Unit Restaurant Condos

1100 Celebration Avenue Unit SUITES 2, Moneta, VA 24121

$895,000
7,811 sqft

Four furnished restaurant and retail storefront condos are available as-is, with multiple unit setups and commercial kitchens.

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Turnkey Restaurant with Outdoor Seating
Turnkey Restaurant with Outdoor Seating

124 S Bridge Street, Bedford, VA 24523

$375,000
5,104 sqft 0.08 AC lot

Turnkey restaurant sale with equipment included, a licensed dining capacity, and outdoor seating for year-round service.

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Turnkey Restaurant with Equipment Conveying
Turnkey Restaurant with Equipment Conveying

124 S Bridge St, Bedford, VA 24523

$375,000
0.08 AC lot

Second-floor kitchen with three-phase power and seating for 99 inside plus 25 outdoors.

View details

Lynchburg, VA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Lynchburg, VA on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $899,999.

Sale prices for conventional restaurants in Lynchburg, VA average $899,999 — 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 4
Drive through restaurants 3
Turn key restaurants 1

Demographics Overview

Population 103K
Population Growth (5Y) -3.8%
Median Household Income $64,253
College Educated 25.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24501 $1.2M

Taxes & Financing

Tax Rate (average for all types) 0.82%
Property Tax per SF $9.77 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lynchburg city

Office

Property Size Breakdown

The majority of commercial real estate listings in Lynchburg fall within the 100,000+ square foot range.

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