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    Richmond, VA Conventional Restaurants for Sale

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    Henrico, VA Bon Air, VA Mechanicsville, VA
    6 listings
    Richmond Retail Space For Sale
    $520,000
    8,000 SF
    Richmond Retail Space For Sale

    3062 Hull Street, Richmond, VA 23224

    Retail space in Richmond, VA, suitable for various business ventures.
    • Prime downtown Richmond location offers high visibility and accessibility.
    • Nearly 8,000 sqft retail space provides a versatile layout for various business ventures.
    • Ample parking available for customers and staff.
    • Existing infrastructure as a take‑out seafood restaurant ("Seafarm") offers immediate operational potential.
    • Strategic location near downtown Richmond presents many potential uses for the buyer.
    Updated: Mar 12
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    Richmond Retail Space For Sale
    $520,000
    8,000 SF
    Richmond Retail Space For Sale

    3062 Hull St, Richmond, VA 23224

    Prime downtown Richmond retail space, currently a seafood restaurant.
    • Prime downtown Richmond location offers high visibility and accessibility.
    • Nearly 8,000 sqft versatile retail space suitable for various business ventures.
    • Currently operating as a take‑out seafood restaurant with existing infrastructure.
    • Ample parking available for customers and staff.
    • Strategic location presents potential for restaurant, retail, or redevelopment.
    Updated: Apr 24
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    Richmond Corner Lot Investment Opportunity
    $1,300,000
    Richmond Corner Lot Investment Opportunity

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

    1217 E Main St, Richmond, VA 23219

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    Move-In Ready Restaurant with Patio
    $695,000
    2,667 SF
    Move-In Ready Restaurant with Patio

    Renovated ground-floor restaurant with rear patio and off-street parking for a smooth owner-operator setup.

    618 N 1st St, Richmond, VA 23219

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    Renovated Mixed-Use Duplex in Richmond
    $695,000
    2,667 SF
    Renovated Mixed-Use Duplex in Richmond

    Turn-key restaurant with residential unit in vibrant Jackson Ward.

    618 North 1st Street, Richmond, VA 23219

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    Iconic Mixed-Use Fan District Building
    $1,390,000
    Iconic Mixed-Use Fan District Building

    Rare mixed-use corner building in Richmond's Fan District.

    2401 W Main St, Richmond, VA 23220

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Richmond, 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 Opportunity in Tappahannock, VA
    $585,000
    2,226 SF
    Restaurant Opportunity in Tappahannock, VA

    Commercial property with established ice cream parlor and high traffic.

    618 Church Lane, Tappahannock, VA 22520

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

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

    2825 S Crater Rd, Petersburg, VA 23805

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    Commercial Building with Restaurant Space
    $379,000
    2,400 SF
    Commercial Building with Restaurant Space

    2400 sq ft commercial building with restaurant and retail.

    2019 E Washington Street, Petersburg, VA 23803

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    Cleared Commercial Lot on Highway
    $399,000
    1.20 Acres
    Cleared Commercial Lot on Highway

    Commercial lot with high traffic exposure in Tappahannock, VA.

    Church Lane lot: 2, 3, Tappahannock, VA 22560

    View details

    Richmond, VA Conventional Restaurants Investment Opportunities Market Analysis

    Explore 6 conventional restaurants for sale in Richmond, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,334 square feet of properties for sale, with an estimated market value of $2,430,000.

    Sale prices for conventional restaurants in Richmond, VA start at $520,000, averaging $607,500, and reaching up to $695,000 — 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 11
    Drive through restaurants 11
    Commercial kitchens 5
    Coffee shops 4
    Bars & Pubs 3

    Demographics Overview

    Population 594K
    Population Growth (5Y) +3.2%
    Median Household Income $75,947
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23224 $520K
    23219 $997.5K
    23220 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.37%
    Property Tax per SF $7.41 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Richmond City County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Richmond fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Richmond, VA

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    • 23224
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