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    Melfa, VA
    Conventional Restaurant

    Melfa, VA Conventional Restaurants for Sale

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    Accomac, VA Onancock, VA Onley, VA Locustville, VA Wachapreague, VA Quinby, VA Pungoteague, VA Painter, VA
    Freestanding Restaurant with Full Bar
    Updated: May 23, 2025
    Freestanding Restaurant with Full Bar

    29106 LANKFORD HWY, Melfa, VA 23410

    $499,000
    4,530 sqft 1.76 AC lot
    4,530‑square‑foot restaurant building constructed in 1966
    Full bar with separate entrance
    Licensed for 100 patrons; stated capacity of 150
    New HVAC throughout, walk‑in cooler, and fresh paint
    Approximately 225'+- of frontage on Lankford Highway
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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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Melfa, 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.

    Restaurant Conversion Building
    Restaurant Conversion Building

    21229 S BAYSIDE ROAD, Cape Charles, VA 23310

    $290,000
    3,150 sqft

    Restaurant-ready building built in 1900 with some commercial appliances in place and a capacity for up to 70 guests.

    View details
    Turn-Key Corner Restaurant
    Turn-Key Corner Restaurant

    151 MARKET ST, Onancock, VA 23417

    $997,000
    3,036 sqft 0.25 AC lot

    Turn-key restaurant on a corner lot with on-site parking and recent interior updates in 2023.

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    Turn-Key Restaurant with Equipment
    Turn-Key Restaurant with Equipment

    227 Mason Ave, Cape Charles, VA 23310

    Contact for pricing

    Restaurant space in historic downtown with seating for approximately 32 and substantial included kitchen equipment.

    View details
    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    132 Market St., Onancock, VA 23417

    Contact for pricing

    Upgraded mixed-use building with an operating ice cream business, office space, and a rented apartment.

    View details

    Melfa, VA Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Melfa, VA on our real estate platform. These investment opportunities span a total of 4,530 square feet of properties for sale, with an estimated market value of $499,000.

    Sale prices for conventional restaurants in Melfa, VA average $499,000 — 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

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 2,393
    Population Growth (5Y) +38.6%
    Median Household Income $50,313
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23410 $399K

    Taxes & Financing

    Tax Rate (average for all types) 0.48%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Accomack County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Accomack County

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