Conventional Restaurant

Onancock, VA Conventional Restaurants for Sale

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Onley, VA Tasley, VA Accomac, VA Melfa, VA Greenbush, VA Locustville, VA Harborton, VA Parksley, VA
Established Hotel & Restaurant For Sale
Updated: Mar 5
Established Hotel & Restaurant For Sale

7 NORTH ST, Onancock, VA 23417

$1,250,000
5,450 sqft 0.20 AC lot
Established fine dining restaurant, bar, and boutique hotel with 20 years of successful operation.
Turn‑key business opportunity with excellent books and website included.
Recently updated with new heat & air, kitchen equipment, and roof.
Includes a fully equipped restaurant with seating for 33 guests and a full bar.
Features 8 guest rooms, 9 restrooms, and a reception room.
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Turn-Key Corner Restaurant
Updated: Jun 19, 2024
Turn-Key Corner Restaurant

151 MARKET ST, Onancock, VA 23417

$997,000
3,036 sqft 0.25 AC lot
Restaurant property built in 1980 on a corner lot on Market Street heading into Onancock
Features new carpet (2023) and new service bar flooring (2023)
Completely up to code per listing remarks
Everything in the restaurant conveys except a few personal items (details to be discussed before settlement)
On‑site parking available per listing remarks
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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.

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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 Onancock, 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.

4-Unit Mixed-Use Property
4-Unit Mixed-Use Property

227 Sunny Bank Road, Reedville, VA 22539

$495,500
4,132 sqft 0.50 AC lot

Zoned C and built in 1975, this 4-unit mixed-use property includes retail, restaurant/deli, and two residential units.

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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.

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Four-Unit Mixed-Use Property
Four-Unit Mixed-Use Property

227 Sunny Bank Road, Reedville, VA 22539

$495,500
0.50 AC lot

Combines retail, food-service, and residential spaces with central air conditioning.

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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.

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Onancock, VA Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Onancock, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,486 square feet of properties for sale, with an estimated market value of $2,247,000.

Sale prices for conventional restaurants in Onancock, VA start at $997,000, averaging $1,123,500, and reaching up to $1,250,000 — 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 4
Bars & Pubs 1
Turn key restaurants 1

Demographics Overview

Population 3,862
Population Growth (5Y) +25.6%
Median Household Income $71,207
College Educated 46.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
23417 $1.1M

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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