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Petersburg, VA Conventional Restaurants for Sale

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Petersburg Retail Center on Crater
$1,300,000
10,578 SF

Petersburg Retail Center on Crater

2825 S Crater Rd, Petersburg, VA 23805

Five-bay retail center with high visibility and growth potential.

  • High‑visibility location on S Crater Road with excellent frontage and signage opportunities.
  • Located less than a mile from the future Live! Casino & Hotel Virginia and near Fort Gregg‑Adams, benefiting from strong daytime population and workforce density.
  • Versatile five‑bay layout suitable for retail, restaurant, personal service, office, and medical office uses.
  • Opportunity Zone location offering potential tax benefits.
  • Currently 50% leased, providing immediate income with upside potential through lease‑up.
Updated: Mar 4
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Commercial Building with Restaurant Space
$379,000
2,400 SF

Commercial Building with Restaurant Space

2019 E Washington Street, Petersburg, VA 23803

2400 sq ft commercial building with restaurant and retail.

  • 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.
Updated: Nov 4, 2024
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Richmond Retail Space For Sale
$520,000
8,000 SF

Richmond Retail Space For Sale

Prime downtown Richmond retail space, currently a seafood restaurant.

3062 Hull St, Richmond, VA 23224
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Richmond Retail Space For Sale
$520,000
8,000 SF

Richmond Retail Space For Sale

Retail space in Richmond, VA, suitable for various business ventures.

3062 Hull Street, Richmond, VA 23224
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Turnkey Restaurant Space Near Ghent
$325,000
943 SF

Turnkey Restaurant Space Near Ghent

Renovated restaurant space ideal for various food-service concepts.

813 W 39th St, Norfolk, VA 23508
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Restaurant Opportunity Near ODU Campus
$1,975,000
2,872 SF

Restaurant Opportunity Near ODU Campus

Fully equipped restaurant with franchise opportunity near ODU campus.

2700 Hampton Blvd, Norfolk, VA 23517
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Petersburg, VA Conventional Restaurants Investment Opportunities Market Analysis

Explore 2 conventional restaurants for sale in Petersburg, VA on our real estate platform. These investment opportunities span a total of 12,978 square feet of properties for sale, with an estimated market value of $1,679,000.

Sale prices for conventional restaurants in Petersburg, VA start at $379,000, averaging $839,500, and reaching up to $1,300,000 — 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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