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    Petersburg, VA
    Conventional Restaurant

    Petersburg, VA Conventional Restaurants for Sale

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    Prince George, VA Hopewell, VA Colonial Heights, VA Disputanta, VA Boydton, VA Chester, VA Chesterfield, VA Sutherland, VA
    Freestanding Fast Food Restaurant
    Updated: Apr 11
    Freestanding Fast Food Restaurant

    2135 County Dr, Petersburg, VA 23803

    Contact for pricing
    2,832 sqft 1.20 AC lot
    Free‑standing fast food restaurant with approximately 2,832 sq. ft. of building area
    Situated on approximately 1.2 acres
    Full access offered
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    Commercial Building with Restaurant Space
    Updated: Apr 22, 2024
    Commercial Building with Restaurant Space

    2019 E Washington Street, Petersburg, VA 23803

    $379,000
    2,400 sqft
    Owner financing available: up to 50% of the purchase price.
    Turnkey restaurant space: fully built‑out with a complete kitchen and hood system.
    High‑growth area: strategic location to capitalize on the anticipated new casino in Petersburg.
    Versatile commercial building: 2,400 sq. ft. standalone building suitable for investment or owner‑user.
    Two separate interior spaces: Left unit is a restaurant, right unit is flexible for retail or service‑based business.
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    Brewery Restaurant with Patio
    Brewery Restaurant with Patio

    235 N Market St, Petersburg, VA 23803

    Contact for pricing

    Restaurant and brewery setup includes interior and exterior seating with a rear group area and patio.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Petersburg, 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 Building with Road Frontage
    Restaurant Building with Road Frontage

    6870 Main Street, Gloucester, VA 23061

    $650,000
    0.87 AC lot

    Well-established restaurant building with about 3,926 sq. ft., renovated in 1986, on roughly 150 feet of road frontage.

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    Richmond Corner Lot Investment Opportunity
    Richmond Corner Lot Investment Opportunity

    1217 E Main St, Richmond, VA 23219

    $1,200,000

    Prime corner lot in Richmond's financial district with high visibility.

    View details
    Mixed-Use Building with Street-Level Retail
    Mixed-Use Building with Street-Level Retail

    1713 E Main St, Richmond, VA 23220

    $1,700,000

    Mixed-use property with ground-level restaurant/bar-ready space and upper-level units for residential, office, or short-term rental use.

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    Second-Generation Restaurant Space
    Second-Generation Restaurant Space

    6103 George Washington Memorial Hwy, Gloucester, VA 23061

    Contact for pricing

    Second-generation food service space with walk-in, hood, and 3-bay sink; one-year minimum lease required.

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    Petersburg, VA Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Petersburg, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,232 square feet of properties for sale, with an estimated market value of $379,000.

    Sale prices for conventional restaurants in Petersburg, VA average $379,000 — 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

    Demographics Overview

    Population 71K
    Population Growth (5Y) +24.0%
    Median Household Income $61,750
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23803 $379K
    23805 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $20.20 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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