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Full Service Restaurant For Sale
For Sale
Contact for pricing
Pending

507 E Main St, Charlottesville, VA 22902

Full service restaurant operating for 20+ years, with owner transition support and owner financing available.

Property SizeContact for details
Days on Market151

Property Features for 507 E Main St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: ARG Commercial
Listed By: Chris Kabbash · License #VA
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Sep 6 at 11:43PM

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 ARG Commercial

Investment Insights

Based on property information with market context.

This is a full service restaurant offered for sale with a history of operation exceeding 20 years. The business is described as having a large and diverse following, with recognition noted in the New York Times.

The property is located at 507 E Main St in Charlottesville, VA (22902). The owner will remain available for transition and goodwill support. Owner financing is also available, and the remarks indicate a lowered price.

Additional details on the property’s interior layout, size, and specific operating components are not provided in the available information. Please contact for further information.

Key Highlights

  • Full‑service restaurant operating for 20+ years
  • Owner will stay on for transition and goodwill support
  • Owner financing available

Property Analytics

Current Use

Neroli Med Spa ... Spa & Massage Center Charlottesville Downtown Job ... Business Service Center Office of Human Rights City Government Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Storage Facility Clothing & Fashion Store Dental Office

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

3,836
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 75% Shops & Services 13% Hotels & Casinos 9% Home Improvements & Furnishings 4%
McDonald's Dining
26,847 visits/mo 0.4 miles
Wendy's Dining
16,343 visits/mo 0.5 miles
Shell Shops & Services
5,758 visits/mo 0.2 miles
Guadalajara Dining
3,432 visits/mo 0.1 miles
Residence Inn Charlottesville Downtown Hotels & Casinos
3,383 visits/mo 0.4 miles

Demographics for 22902, VA

22,457
Population
12,134
Households
1.9
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
64.3 sq mi
ZIP Area
349
Density / Sq Mi
$91,162
Median Household Income
$52,555
Median Earnings
$1,572
Median Rent
$392,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full service restaurant operating for 20+ years, with owner transition support and owner financing available.
Where is this conventional restaurant located?
The property is located at 507 E Main St Charlottesville, VA.
What are key features of this property?
This property features: Full‑service restaurant operating for 20+ years; Owner will stay on for transition and goodwill support; Owner financing available
More about this property
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