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    119 Monroe Bay Ave Colonial Beach, VA 22443

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    For Lease
    $2,750 /Mo

    Fully equipped restaurant with exclusive brewery food service rights.

    Building Details

    Year built
    2001

    Source: RE/MAX Supercenter Agent Phillip Johnson Baxter

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

    Overview

    Turnkey Restaurant Opportunity on Waterfront

    This approximately 1,300 square foot fully equipped restaurant offers a rare opportunity to serve an existing customer base. The restaurant is attached to the Ice House Brewery & Marina, a local gathering spot. The lease includes exclusive food service rights for brewery patrons, allowing the restaurant to serve its own customers and receive orders directly from the brewery. The space features a fully functioning kitchen with all equipment, dishes, and essentials. Located on Colonial Beach's Marina Way, the waterfront location provides high traffic and visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Colonial Beach
    County
    Westmoreland
    State
    Virginia
    Longitude
    -76.9652116
    Latitude
    38.2478111

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant with exclusive brewery food service rights.
    Where is this restaurant located?
    The property is located at 119 Monroe Bay Ave Colonial Beach, VA.
    What are key features of this property?
    This property features: - Exclusive food service rights for Ice House Brewery & Marina patrons.; - Fully equipped 1,300 SF restaurant with all equipment, dishes, and essentials included.; - Prime waterfront location on Colonial Beach's Marina Way with strong traffic and visibility.
    (540) 847-2385
    Request Owner's contact information
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    Colonial Beach, VA 22443
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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
    119 Monroe Bay Ave Colonial Beach, VA 22443
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