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    Melfa, VA
    Conventional Restaurant

    Melfa, VA Conventional Restaurants for Sale

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    Onancock, VA Onley, VA Locustville, VA Wachapreague, VA Quinby, VA Accomac, VA Pungoteague, VA Painter, VA
    Restaurant with Full Bar
    Updated: May 23, 2025
    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 a separate entrance
    Licensed for 100 patrons; stated capacity of 150
    New HVAC throughout the building, walk‑in cooler, and fresh paint
    Approximately 225'+- feet of visibility 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.

    Boutique Hotel With Restaurant
    Boutique Hotel With Restaurant

    7 NORTH ST, Onancock, VA 23417

    $1,250,000
    5,450 sqft 0.20 AC lot

    Commercially zoned property combines lodging, dining, bar, and reception space in a historic building.

    View details
    Updated Commercial Kitchen Building
    Updated Commercial Kitchen Building

    11556 OCCOHANNOCK ROAD, Exmore, VA 23350

    $98,500
    721 sqft 0.20 AC lot

    Food-service-ready building with commercial hood equipment, stainless sinks, and a compact outdoor area.

    View details
    Corner Restaurant Property
    Corner Restaurant Property

    151 MARKET ST, Onancock, VA 23417

    $997,000
    3,036 sqft 0.25 AC lot

    Restaurant improvements include updated flooring, a service bar, and on-site parking.

    View details
    Freestanding Restaurant with Highway Frontage
    Freestanding Restaurant with Highway Frontage

    6468 Lankford Hwy, Exmore, VA 23350

    $1,400,000

    Standalone restaurant with seafood retail operations, substantial parking, and access from two roads.

    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 $499K

    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)

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