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    Richmond, VA
    Conventional Restaurant

    Richmond, VA Conventional Restaurants for Sale

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    Henrico, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA Sandston, VA Midlothian, VA Ashland, VA
    7 properties
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    Two-Story Mixed-Use Property
    Updated: May 21, 2024
    Two-Story Mixed-Use Property

    801 W Broad Street, Richmond, VA 23220

    $2,109,000
    0.07 AC lot
    2‑story building with a full basement
    Restaurant, 2 large apartments, and rooftop patio access
    Restaurant equipment, furniture, and fixtures convey
    0.07‑acre corner property near VCU
    Adjacent to Panera, Chipotle, CAVA, and other national retail restaurant anchors
    View details
    Established Seafood Restaurant
    Updated: Aug 19
    Established Seafood Restaurant

    8902 Broad St W, Richmond, VA 23294

    $175,900
    4,200 sqft
    4,200‑square‑foot restaurant property at 8902 Broad St W, Richmond, VA 23294
    Restaurant operations have continued since 2013
    Fully equipped kitchen with dedicated dining area
    Full‑service bar offering beer, wine, and specialty cocktails
    Existing seafood boil concept with crab legs, shrimp, crawfish, and oysters
    View details
    Move-In Ready Restaurant with Patio
    Move-In Ready Restaurant with Patio

    618 N 1st St, Richmond, VA 23219

    $675,000
    2,667 sqft

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

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    See hot listings in Richmond

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Functional Warehouse with Fenced Yard
    Functional Warehouse with Fenced Yard

    321 West 7th Street, Richmond, VA 23224

    $3,400,000
    1 sqft 0.76 AC lot

    Versatile warehouse property with drive-in access, loading infrastructure, outdoor storage, and off-street parking.

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    Renovated Mixed-Use Storefront Building
    Renovated Mixed-Use Storefront Building

    2523 W Main St, Richmond, VA 23220

    $775,000
    2,394 sqft

    Commercial frontage and a two-bedroom apartment combine in a renovated building within Richmond’s Historic Fan District.

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    Single-Tenant NNN Restaurant Ground Lease
    Single-Tenant NNN Restaurant Ground Lease

    11450 Midlothian Turnpike, Richmond, VA 23235

    Contact for pricing
    6,692 sqft

    For sale Carrabba’s Italian Grill on an absolute NNN ground lease with about 10 years remaining and scheduled 10% escalations.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Equipped Restaurant with Patio
    Equipped Restaurant with Patio

    7 N 17th St |, Richmond, VA 23219

    Contact for pricing

    Existing kitchen equipment and an outdoor patio support restaurant operations in a downtown setting.

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    7 active listings match your search: Restaurant for sale in Richmond, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Freestanding Restaurant on Major Boulevard
    Freestanding Restaurant on Major Boulevard

    2005 LAFAYETTE BOULEVARD, Fredericksburg, VA 22401

    $1,400,000
    1,456 sqft 0.47 AC lot

    Freestanding restaurant property on Lafayette Boulevard with strong daily drive-by exposure and CT zoning for flexible commercial use.

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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    23496 WELCOME WAY DRIVE, Ruther Glen, VA 22546

    $5,000,000
    7,766 sqft

    Freestanding restaurant building with direct interstate access and an adjacent hotel offering truck and trailer parking.

    View details
    Three-Tenant Shopping Center
    Three-Tenant Shopping Center

    5420 Southpoint Plaza Way, Fredericksburg, VA 22407

    Contact for pricing
    7,758 sqft

    C-3-zoned retail center with established restaurant tenancy and full occupancy.

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    Gas Station With Deli
    Gas Station With Deli

    20236 FROG LEVEL Road, Ruther Glen, VA 22546

    $438,000
    1.71 AC lot

    Operating convenience retail property with a deli, parking lot, and an accompanying two-bedroom trailer.

    View details

    Richmond, VA Conventional Restaurants Market Trends and Statistics

    Explore 7 conventional restaurants for sale in Richmond, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 15,954 square feet of properties for sale, with an estimated market value of $7,134,900.

    Sale prices for conventional restaurants in Richmond, VA start at $175,900, averaging $1,426,980, and reaching up to $3,400,000 — 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 30
    Drive through restaurants 6
    Commercial kitchens 4
    Bars & Pubs 3
    Coffee shops 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
    23294 $175.9K
    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.

    How Realmo verifies these figures

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    Popular Searches in Richmond, VA

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    Most Searched ZIP Codes in Richmond, VA

    • 23219
    • 23220
    • 23224
    • 23235
    • 23294

    Featured Richmond Real Estate Agencies

    Realmo connects you with licensed Richmond CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Christopher Small
    5413 Patterson Ave., Ste. 102 Richmond, VA 23226
    Phone: (804) 350-0879
    www.smallrealestate.com
    eXp realty
    6820 Paragon Place, Suite 410 Richmond, VA 23230
    Phone: (804) 335-6767
    Century Real Estate, Inc
    10049 Midlothian tpk, Ste F Richmond, VA 23235
    Phone: (804) 564-5166
    Why this one?
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