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Restaurant with Boat Stage
For Sale
$3,250,000

125 E PICCADILLY St, Winchester, VA 22601

Historic restaurant building featuring pub and formal dining, a piano bar, and a permanently installed boat used for live-band performances.

Property Size20,386 SF
Price / SF$159.42
Days on Market77

Property Features for 125 E PICCADILLY St

General Information

Standard status Active
Size 20,386 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $26,929

Building Details

Year Built 1900
Year Renovated 2005
Listing Agency: Oakcrest Commercial Real Estate
Listed By: Randy Craun · License #0225023519
Source: Elliman
Added: Jun 7 Changed: Aug 14 Last Checked: Aug 22 at 12:15PM

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 Oakcrest Commercial Real Estate

Investment Insights

Based on property information with market context.

This for-sale restaurant property occupies a large historic building that was originally used as a furniture warehouse before being converted to a restaurant in 2005. The concept includes a dedicated pub area plus a more formal dining space with a piano bar. Additional amenities include banquet and events space on the upper level, outdoor seating, and an outdoor covered bar area.

The standout entertainment feature is “The Jam Rock Boat,” an actual boat that was hauled in and permanently installed to serve as a stage area for bands. The operation is positioned near the Old Town Walking Mall and is adjacent to the historic Wyndham/George Washington Hotel.

The building is being offered as turn-key, with fixtures and equipment included, and the seller indicates a trained management team and staff will remain through the transition. CPA-prepared financials are available to qualified buyers, and a non-disclosure agreement is required to review them. Owner financing is also described as available with an acceptable down payment, and the seller states they will assist after purchase to support a smooth handoff.

Key Highlights

  • Historic 20,386 +/- SF building built in 1900, originally a furniture warehouse, later converted to a restaurant in 2005
  • Restaurant features a public dining area plus a more formal dining area with a piano bar
  • Upper level includes banquet and events space

Property Analytics

Current Use

Piccadilly's Public House ... Restaurant Guild Mortgage - Adielle ... Consultant Guild Mortgage Company Consultant Guild Mortgage - Peter ... Consultant Mark Peter Lynch ... Loan Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Travel Agency Nursing Home Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

1,795
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 21% Home Improvements & Furnishings 10%
Truist Shops & Services
5,816 visits/mo 0.2 miles
Family Dollar Shops & Services
5,027 visits/mo 0.3 miles
Dunkin' Donuts Dining
4,018 visits/mo 0.3 miles
Visiting Angels Home Improvements & Furnishings
1,942 visits/mo 0.4 miles
Citgo Shops & Services
1,928 visits/mo 0.4 miles

Demographics for 22601, VA

29,720
Population
13,159
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
3,033
Density / Sq Mi
$66,542
Median Household Income
$38,491
Median Earnings
$1,316
Median Rent
$321,800
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 - Historic restaurant building featuring pub and formal dining, a piano bar, and a permanently installed boat used for live-band performances.
Where is this conventional restaurant located?
The property is located at 125 E PICCADILLY St Winchester, VA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Historic 20,386 +/- SF building built in 1900, originally a furniture warehouse, later converted to a restaurant in 2005; Restaurant features a public dining area plus a more formal dining area with a piano bar; Upper level includes banquet and events space
More about this property
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