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    453 Johnsons Dr Urbanna, VA 23175

    For Sale
    $795,000

    Established waterfront restaurant with commercial oyster and crab processing plant.

    Property size:
    7,540 SF
    Lot size:
    1.46 Acres

    Property Features for 453 Johnsons Dr

    General Information

    Size
    7,540 SF
    Lot size
    1.46 Acres

    Source: Mason Realty, Inc - Urbanna Agent Eric Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Restaurant and Processing Plant

    This property presents an opportunity to acquire a well-established waterfront restaurant, accompanied by a commercial oyster and crab processing plant. The facility includes ample storage space and comprises two waterfront parcels. It is located just outside the Town of Urbanna, known for hosting the annual Oyster Festival. The property's size is 7540 square feet. Intended uses for the property include restaurants, retail, warehouses and industrial purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Shores & Ruark restaurant ... Restaurant Urbanna Seafood Market ... Seafood Restaurant

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Auto Parts Store Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbanna
    County
    Middlesex
    State
    Virginia
    Longitude
    -76.5887619
    Latitude
    37.6551145

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    FAQs

    What type of property is this?
    Restaurant - Established waterfront restaurant with commercial oyster and crab processing plant.
    Where is this restaurant located?
    The property is located at 453 Johnsons Dr Urbanna, VA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Waterfront restaurant with established business; - Commercial oyster and crab processing plant included; - Two waterfront parcels
    (804) 815-8374
    Request Owner's contact information
    453 Johnsons Dr Urbanna, VA 23175
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    453 Johnsons Dr Urbanna, VA 23175
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