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Turnkey Historic Downtown Restaurant
For Sale
$375,000

124 S Bridge St, Bedford, VA 24523

Turnkey restaurant with approved dining capacity and outdoor seating, plus kitchen utilities ready for continued operation.

Property Size5,104 SF
Price / SF$73.47
Days on Market139

Property Features for 124 S Bridge St

General Information

Standard status Active
Size 5,104 SF

Additional Details

Business Included Yes
Heavy Power Yes
Listing Agency: Lyons Team Realtors
Listed By: Ronald Lee Gross · License #0225180171
Source: Exprealty
Added: Mar 19 Changed: Jul 10 Last Checked: Jul 31 at 4:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyons Team Realtors

Investment Insights

Based on property information with market context.

This turnkey restaurant opportunity is offered for sale with all equipment conveying, supporting immediate operation or a new concept by the next owner. The property includes electrical and plumbing upgrades and features three-phase power on the second floor, where the commercial kitchen is located. The interior dining is approved for 99 occupants, with an additional 25 outdoor seats, giving operators flexibility for on-premise dining.

Located in historic downtown Bedford, the property sits within a long-established restaurant setting. Public remarks indicate the location has operated as a restaurant for nearly 20 years, and the downtown context provides a pedestrian-oriented commercial environment.

For an owner-operator or an investor seeking a ready-to-run restaurant, the combination of equipment included, dining approvals, and a commercial kitchen configuration supports practical day-to-day use. The outdoor seating allowance can help broaden service options for guests. Alternatively, a buyer can reposition the concept while retaining the existing restaurant infrastructure and capacity parameters described in the listing materials.

Key Highlights

  • Restaurant location has operated for nearly 20 years and is offered turnkey with all equipment conveying
  • Approved interior dining for 99 occupants plus 25 outdoor seats
  • Electrical and plumbing upgrades included

Property Analytics

Current Use

Terrace Blooms (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Electrical Service Real Estate Agency

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
Heavy power

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 81% Dining 19%
Truist Shops & Services
4,837 visits/mo 0.1 miles
BP Shops & Services
4,243 visits/mo 0.4 miles
Dollar General Shops & Services
2,681 visits/mo 0.5 miles
Domino's Pizza Dining
2,478 visits/mo 0.1 miles
Fisher Auto Parts Shops & Services
515 visits/mo 0.0 miles

Demographics for 24523, VA

18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant with approved dining capacity and outdoor seating, plus kitchen utilities ready for continued operation.
Where is this conventional restaurant located?
The property is located at 124 S Bridge St Bedford, VA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Restaurant location has operated for nearly 20 years and is offered turnkey with all equipment conveying; Approved interior dining for 99 occupants plus 25 outdoor seats; Electrical and plumbing upgrades included
More about this property
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