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Corner Restaurant Property
For Sale
$997,000

151 MARKET ST, Onancock, VA 23417

Commercial Sale, ONANCOCK, VA

Property Size3,036 SF
Lot Size0.25 Acres
Price / SF$328.39
Days on Market818

Property Features for 151 MARKET ST

General Information

Property type Commercial Sale
Property subtype Other
Directions Heading South On Rt 13 Make A Right Onto Market St. Property Will Be On Your Right At The Corner Of Market St. And Pine St.
Subdivision Accomack
Standard status Active
APN 85A3-4-1-20
Size 3,036 SF
Lot size 0.25 Acres

Building Details

Year built 1980
Listing Agency: Long & Foster - Main St
Listed By: Craig Glovier · License #676571
Added: Jun 19, 2024 Changed: Sep 8 Last Checked: Sep 14 at 2:06PM
MLS# 60710

Copyright © 2026 Eastern Shore Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,036-square-foot conventional restaurant occupies a 0.25-acre corner parcel and was built in 1980. The interior received new carpet and service bar flooring in 2023, while the existing restaurant contents convey with the property except for certain personal items. The premises are described as up to code and include parking.

The property fronts Market Street in Onancock, Virginia, with a corner-site position and on-site parking. Its established restaurant layout, conveyed contents, and recent flooring updates provide a defined operating setup for a restaurant user.

Key Highlights

  • 3,036 square feet on a 0.25‑acre parcel
  • Corner property on Market Street in Onancock, VA
  • New carpet and service bar flooring installed in 2023

Property Analytics

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Current Use

Market Street Grill Restaurant

Suggested Use

Top Pick Dental Office Garden Center Furniture & Home Goods Kitchen & Bath Showroom Plumbing Service Building Supply

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

126
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Home Improvements & Furnishings 43%
Sunoco Shops & Services
3,751 visits/mo 0.3 miles
Onancock True Value Building Supply Home Improvements & Furnishings
3,128 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
370 visits/mo 0.0 miles

Demographics for 23417, VA

3,625
Population
2,511
Households
1.4
Avg Household Size
54
Median Age
30%
College-Educated
89%
High-School Grad
47.3 sq mi
ZIP Area
77
Density / Sq Mi
$71,207
Median Household Income
$36,831
Median Earnings
$1,035
Median Rent
$251,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant improvements include updated flooring, a service bar, and on-site parking.
Where is this conventional restaurant located?
The property is located at 151 MARKET ST Onancock, VA.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: 3,036 square feet on a 0.25‑acre parcel; Corner property on Market Street in Onancock, VA; New carpet and service bar flooring installed in 2023
More about this property
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