Roanoke, VA
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    Roanoke, VA Conventional Restaurants for Sale

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    Vinton, VA Salem, VA Hollins, VA
    Restaurant Building on Corner Lot
    $850,000
    1,836 SF

    Restaurant Building on Corner Lot

    674 Teresa Lane, Roanoke, VA 24019

    Fully equipped restaurant in excellent condition on a corner lot.

    • Fully equipped, high‑volume Italian restaurant with all equipment and fixtures included.
    • Constructed in 2022 and in excellent condition.
    • Approved for 94 seats plus outdoor patio seating.
    • Prime corner location with high traffic count in a rapidly growing area.
    • 23 on‑site parking spaces plus on‑street parking.
    Updated: Jun 3, 2024
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    Iconic Roadhouse Restaurant For Sale
    $1,575,000
    3,912 SF

    Iconic Roadhouse Restaurant For Sale

    2902 Brambleton Ave SW, Roanoke, VA 24015

    Historic roadhouse restaurant with established reputation for food and music.

    • Iconic roadhouse restaurant built in 1936.
    • On the National Registry of Historic Places.
    • Also included in the Virginia Landmarks Register.
    • Known for good food and great music.
    • Attracts big‑name musical acts.
    Updated: Oct 19, 2023
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    Restaurant Building on Corner Parcel
    $850,000
    1,836 SF

    Restaurant Building on Corner Parcel

    Fully equipped restaurant building constructed in 2022 with high sales.

    674 Teresa Ln, Roanoke, VA 24019
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Roanoke, 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 Historic Downtown
    $385,000
    5,104 SF

    Restaurant Opportunity in Historic Downtown

    Turnkey restaurant in Bedford, VA with equipment included.

    124 S Bridge Street, Bedford, VA 24523
    View details
    Restaurant Opportunity in Historic Bedford
    $385,000
    0.08 Acres

    Restaurant Opportunity in Historic Bedford

    Turnkey restaurant with equipment in historic downtown Bedford, Virginia.

    124 S Bridge St, Bedford, VA 24523
    View details
    Updated Commercial Property in Lynchburg
    $1,200,000
    12,000 SF

    Updated Commercial Property in Lynchburg

    Move-in ready commercial property in the heart of Lynchburg, VA.

    3014 Memorial Ave, Lynchburg, VA 24501
    View details
    Lynchburg Restaurant Investment Opportunity
    $4,348,000
    7,587 SF

    Lynchburg Restaurant Investment Opportunity

    Single-tenant LongHorn Steakhouse in Lynchburg, Virginia for sale.

    4042 Wards Rd, Lynchburg, VA
    View details

    Roanoke, VA Conventional Restaurants Investment Opportunities Market Analysis

    Explore 3 conventional restaurants for sale in Roanoke, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,584 square feet of properties for sale, with an estimated market value of $3,275,000.

    Sale prices for conventional restaurants in Roanoke, VA start at $850,000, averaging $1,091,666, and reaching up to $1,575,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Roanoke.

    Top Commercial Asset Segments

    Conventional restaurants 3
    Bars & Pubs 2
    Turn key restaurants 2
    Drive through restaurants 1

    Property Size Breakdown

    The majority of commercial real estate listings in Roanoke fall within the Under 2,500 square foot range.

    Demographics Overview

    Population 171K
    Population Growth (5Y) +9.4%
    Median Household Income $66,063
    College Educated 10.0%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    24019 $850K
    24015 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $16.57 per sq ft
    Average Loan-to-Value 65.0%

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