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    Roanoke, VA Conventional Restaurants for Sale

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    Vinton, VA Salem, VA Hollins, VA
    NNN-Leased Arby's Restaurant
    $2,251,652
    2,820 SF
    NNN-Leased Arby's Restaurant

    1401 Jamison Ave SE, Roanoke, VA 24013

    Absolute NNN lease with a corporate-guaranteed tenant provides long-term income backed by scheduled rent growth.
    • Absolute NNN lease with corporate‑guaranteed Arby’s tenant
    • Lease term runs through January 31, 2038
    • Scheduled 10% rent increases every 5 years
    • Annual NOI of $129,470 and listed at a 5.75% cap rate
    • Single‑tenant property with 2,820 SF restaurant on 0.66 acres; built in 1990 and renovated in 2015
    Updated: Jun 16
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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 Lot
    $850,000
    1,836 SF
    Restaurant Building on Corner Lot

    Fully equipped restaurant in excellent condition on a corner lot.

    674 Teresa Lane, 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.

    Downtown Restaurant Condos
    $895,000
    Downtown Restaurant Condos

    Four furnished restaurant and retail storefront units offer turnkey operation or conversion options in downtown Moneta.

    1100 Celebration Ave, Moneta, VA 24121

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    Turnkey Restaurant with Outdoor Seating
    $375,000
    5,104 SF
    Turnkey Restaurant with Outdoor Seating

    Turnkey restaurant sale with equipment included, a licensed dining capacity, and outdoor seating for year-round service.

    124 S Bridge Street, Bedford, VA 24523

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    Turnkey Historic Downtown Restaurant
    $385,000
    5,104 SF
    Turnkey Historic Downtown Restaurant

    Turnkey restaurant with approved dining capacity and outdoor seating, plus kitchen utilities ready for continued operation.

    124 S Bridge St, Bedford, VA 24523

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    Leased Restaurant Retail Space with Membrane Roof
    $389,000
    2,500 SF
    Leased Restaurant Retail Space with Membrane Roof

    Downtown Moneta retail space currently leased as a restaurant with a membrane roof.

    1123 Celebration Ave, Moneta, VA 24121

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    Roanoke, VA Conventional Restaurants Market Trends and Statistics

    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 8,568 square feet of properties for sale, with an estimated market value of $4,676,652.

    Sale prices for conventional restaurants in Roanoke, VA start at $850,000, averaging $1,558,884, and reaching up to $2,251,652 — 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 4
    Bars & Pubs 2
    Turn key restaurants 2
    Commercial kitchens 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24019 $850K
    24015 $1.6M
    24013 $2.3M

    Taxes & Financing

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

    Property Size Breakdown

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

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