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Restaurant with Outdoor Dining
For Sale
$199,900

139 Town Square Street, Glade Spring, VA 24340

Commercial Sale, Glade Spring, VA

Property Size1,416 SF
Lot Size0.07 Acres
Price / SF$141.17
Days on Market136

Property Features for 139 Town Square Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Subdivision Not In Subdivision
Directions From I-81 North take Exit 29. Turn left, go approx. 1 mile. Building will be on your right.
Standard status Active
APN 052a217 1
Size 1,416 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 535

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Central Air, Heat Pump
Water source Public

Building Details

Year built 1900
Building materials Brick
Roof type Rubber
Listing Agency: Matt Smith Realty
Listed By: Maxwell Yates · License #225269010
Added: Apr 27 Changed: Sep 8 Last Checked: Sep 9 at 3:06AM
MLS# 9994525

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,416-square-foot brick restaurant includes an open-concept dining area, commercial kitchen equipment, and furnishings for customer service. Equipment includes a walk-in cooler with a six-line beer tap system, standalone freezer, six-burner gas range, and newer 8-foot hood with fire suppression. Tables, chairs, dishes, and utensils are also included.

Outdoor seating expands the dining setup with a new 18-by-40-foot deck and an 18-by-25-foot open patio. The property occupies 0.07 acres and was built in 1900. Central heating and cooling, heat-pump systems, a rubber roof, public water, and public sewer are in place. Commercial zoning supports the existing restaurant use.

Key Highlights

  • 1,416 SF brick restaurant on 0.07 acres
  • New 18‑by‑40‑foot outdoor dining deck
  • 18‑by‑25‑foot open patio

Property Analytics

Current Use

Tavern 13 Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Dental Office Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,633 visits/mo 0.3 miles

Demographics for 24340, VA

5,319
Population
2,647
Households
2
Avg Household Size
45
Median Age
24%
College-Educated
91%
High-School Grad
66.6 sq mi
ZIP Area
80
Density / Sq Mi
$64,050
Median Household Income
$41,581
Median Earnings
$785
Median Rent
$174,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brick restaurant with commercial zoning, installed food-service equipment, and indoor and outdoor customer seating.
Where is this conventional restaurant located?
The property is located at 139 Town Square Street Glade Spring, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,416 SF brick restaurant on 0.07 acres; New 18‑by‑40‑foot outdoor dining deck; 18‑by‑25‑foot open patio
More about this property
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