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Overhauled Restaurant with High-Capacity Kitchen
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350 UNIVERSITY BLVD, Harrisonburg, VA 22801

COMMERCIAL - HARRISONBURG, VA

Space Size7,110 SF
Days on Market373

Property Features for 350 UNIVERSITY BLVD

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-2 General Business
Directions Route 33 to Right on University, property on the left.
Subdivision Harrisonburg
Standard status Active
APN 079 B 1
Listing Agency: Cottonwood Commercial LLC
Listed By: Craig Anders · License #0225231207
Added: Aug 22, 2025 Changed: Aug 14 Last Checked: Aug 29 at 5:06AM
MLS# 668189

Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. 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.

Totally overhauled in 2021, the former Island Wing includes a high-capacity kitchen/bar and a dedicated dining area configured to seat approximately 304. The offering is a 7,110 SF restaurant structure built to support restaurant operators with building systems capable of meeting operating needs. The property sits on more than 2 acres and includes 149 parking stalls.

The property is located in Harrisonburg, Virginia less than one mile from Interstate 81 on University Blvd, one of the area’s primary commercial corridors with 20,000+ ADT. It is positioned just off the campus of James Madison University (22,000 students), supported by nearby feeder roads that help connect the site to regional and campus traffic.

This space is well-suited for a full-service restaurant concept seeking an operationally oriented kitchen setup, meaningful seating capacity, and substantial parking for guests and staff. The B-2 General Business zoning provides flexibility for appropriate restaurant use within a high-visibility retail corridor. The combination of dining capacity, kitchen capability, and parking capacity supports both single-operator use and scenarios where multiple users may share the site.

Key Highlights

  • Former Island Wing in Harrisonburg, VA on University Blvd (20,000+ ADT), less than 1 mile from I‑81
  • Totally overhauled in 2021; 7,110 SF building with high‑capacity kitchen/bar
  • Dining area seats approximately 304

Property Analytics

Current Use

Island Wing Company ... Bar & Pub

Suggested Use

Top Pick Electrical Service HVAC Service Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Plumbing Service

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

20,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,643
Businesses Nearby
813k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 33% Apparel 20% Dining 19% Shops & Services 15%
Walmart Superstores
153,357 visits/mo 0.4 miles
Costco Wholesale Superstores
116,768 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
54,107 visits/mo 0.4 miles
Texas Roadhouse Dining
40,392 visits/mo 0.1 miles
Ross Dress for Less Apparel
37,180 visits/mo 0.2 miles

Demographics for 22801, VA

40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Totally overhauled restaurant space with a high-capacity kitchen/bar, designed to support a full-service operation in a B-2 corridor.
Where is this conventional restaurant located?
The property is located at 350 UNIVERSITY BLVD Harrisonburg, VA.
What are key features of this property?
This property features: Former Island Wing in Harrisonburg, VA on University Blvd (20,000+ ADT), less than 1 mile from I‑81; Totally overhauled in 2021; 7,110 SF building with high‑capacity kitchen/bar; Dining area seats approximately 304
More about this property
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