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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
    8 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

    $2,250,000
    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
    Renovated Mixed-Use Storefront Building
    Updated: Sep 9
    Renovated Mixed-Use Storefront Building

    2523 W Main St, Richmond, VA 23220

    $775,000
    2,394 sqft
    2,394‑square‑foot mixed‑use building with commercial storefront and second‑floor apartment
    Two‑bedroom residential unit located on the second floor
    Commercial lease with Cocky Rooster runs through March 10, 2030
    One additional five‑year option accompanies the commercial lease
    Extensive 2020 renovation included 5‑ton HVAC, new windows, kitchen, paint, and refinished hardwood flooring
    View details
    Established Seafood Restaurant
    Established Seafood Restaurant

    8902 Broad St W, Richmond, VA 23294

    $175,900
    4,200 sqft

    Equipped kitchen, dining area, and full bar support continued restaurant operations.

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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
    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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    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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Corner Retail Restaurant
    Historic Corner Retail Restaurant

    520 N 25th St, Richmond, VA 23225

    $1,900,000

    Centrally located corner property in a walkable neighborhood, suited for retail, restaurant, and community gathering uses.

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    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.

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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.

    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.

    View details
    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.

    View details
    Gas Station With Deli
    Gas Station With Deli

    20236 FROG LEVEL Road, Ruther Glen, VA 22546

    $435,000
    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 8 conventional restaurants for sale in Richmond, VA, showcased through 8 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 $9,175,900.

    Sale prices for conventional restaurants in Richmond, VA start at $175,900, averaging $1,529,316, 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 23
    Drive through restaurants 7
    Commercial kitchens 4
    Bars & Pubs 2
    Coffee shops 2

    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
    23219 $1.2M
    23220 $1.8M
    23225 $1.9M
    23224 $2.2M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Richmond City County

    Residential Income

    Property Size Breakdown

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

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    Popular Searches in Richmond, VA

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    Most Searched ZIP Codes in Richmond, VA

    • 23219
    • 23220
    • 23224
    • 23225
    • 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.

    Joyner Fine Properties
    2727 Enterprise Parkway Richmond, VA 23294
    Phone: 18042709440
    www.joynerfineproperties.com
    Century 21 All American
    701 C Southlake Blvd. Richmond, VA 23236
    Phone: 18043782221
    www.Century21allamerican.com

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