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Restaurant Property with Equipment
New
For Sale
$175,000

2200 Virgil Goode Hwy, Rocky Mount, VA 24151

Commercial Sale, Rocky Mount, VA

Property Size816 SF
Lot Size2.00 Acres
Price / SF$214.46
Days on Market2

Property Features for 2200 Virgil Goode Hwy

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Rooms Bathroom 2, Bathroom 1
Subdivision Oak Level
Standard status Active
Size 816 SF
Lot size 2.00 Acres

Building Details

Year built 1962
Floors in Building 1
Listing Agency: Warren Rodgers Realty
Listed By: Warren Rodgers
Added: Sep 9 Last Checked: Sep 10 at 12:06AM
MLS# 150586

Copyright © 2026 Martinsville, Henry, Patrick Counties 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 former restaurant property includes an 816-square-foot building constructed in 1962, along with restaurant equipment and furnishings that convey with the sale. The building’s heat pump requires replacement. On-site parking supports the existing commercial use, while four mobile-home sites are positioned behind the restaurant.

The property encompasses 2 acres at 2200 Virgil Goode Hwy in Rocky Mount, with approximately 185 feet of frontage along Rt. 220. Two wells serve the site, and two 4-bedroom septic systems are designed to support four mobile homes or two 4-bedroom houses. Four mobile homes are currently present. A billboard at the front of the property also conveys and is leased.

Key Highlights

  • Approximately 185 feet of frontage on Rt. 220
  • 2‑acre property at 2200 Virgil Goode Hwy, Rocky Mount, VA 24151
  • 816‑square‑foot restaurant building constructed in 1962

Property Analytics

Current Use

Conventional restaurants

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
U-Haul Shops & Services
2,290 visits/mo 0.3 miles

Demographics for 24151, VA

18,785
Population
8,668
Households
2.2
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
165.4 sq mi
ZIP Area
114
Density / Sq Mi
$65,267
Median Household Income
$40,159
Median Earnings
$769
Median Rent
$190,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant with included equipment, furnishings, parking, and additional mobile-home sites.
Where is this conventional restaurant located?
The property is located at 2200 Virgil Goode Hwy Rocky Mount, VA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Approximately 185 feet of frontage on Rt. 220; 2‑acre property at 2200 Virgil Goode Hwy, Rocky Mount, VA 24151; 816‑square‑foot restaurant building constructed in 1962
More about this property
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