Conventional Restaurant

Virgilina, VA Conventional Restaurants for Sale

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Restaurant and Event Venue
Updated: Aug 22, 2023
Restaurant and Event Venue

8059 Florence Avenue, Virgilina, VA 24598

$150,000
3,108 sqft 0.84 AC lot
3,108‑square‑foot restaurant property on 0.843 acres
Dining area accommodates over 100 guests
1,200 Sq. Ft. bonus area currently used as a fitness studio
840 Sq. Ft. storage basement
45'x30' party deck with an outdoor stage
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Virgilina, 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 Building With Basement Parking
Restaurant Building With Basement Parking

625 N Madison Blvd, Roxboro, NC 27573

$3,000,000
6,500 sqft 0.63 AC lot

Restaurant property with laminate flooring, electric heat, public water service, and basement parking.

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Race Track and Arcade Building
Race Track and Arcade Building

203 N Cooper Drive, Henderson, NC 27536

$650,000
2,500 sqft 1.59 AC lot

Zoned B2A, this block-built race track and arcade property includes a restaurant and adjacent car wash.

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Remodeled Restaurant Property
Remodeled Restaurant Property

231 S Madison Blvd, Roxboro, NC 27573

Contact for pricing

Restaurant property remodeled in 2015 with a blended CAP of 6.80% over the remaining base term.

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Former Restaurant with Commercial Kitchen
Former Restaurant with Commercial Kitchen

7630 NC 39 Highway, Henderson, NC 27537

Contact for pricing

Former restaurant with commercial kitchen equipment and seating for over 100 guests, plus plenty of parking.

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Virgilina, VA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Virgilina, VA on our real estate platform. These investment opportunities span a total of 3,108 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for conventional restaurants in Virgilina, VA average $150,000 — 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

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 1,267
Population Growth (5Y) -24.0%
Median Household Income $55,938
College Educated 21.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24598 $150K

Taxes & Financing

Tax Rate (average for all types) 0.50%
Property Tax per SF $10.52 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Halifax County

New Delisted

Total CRE Inventory on Market (SF)

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