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Restaurant Property with Equipment
For Sale
$175,000
Pending

2200 Virgil Goode Hwy, Rocky Mount, VA 24151

Commercial Sale, Rocky Mount, VA

Property Size816 SF
Lot Size2.00 Acres
Days on Market44

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 Pending
Size 816 SF
Lot size 2.00 Acres

Amenities

billboard

Building Details

Year built 1962
Floors in Building 1
Listing Agency: Warren Rodgers Realty
Listed By: Warren Rodgers
Added: Sep 9 Changed: Oct 20 Last Checked: Oct 22 at 1:06PM
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.

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Investment Insights

Based on property information with market context.

Set on 2 acres, this restaurant property includes an 816-square-foot building with restaurant equipment and furniture included in the sale. The building dates to 1962, and its heat pump needs replacement. A billboard at the front of the property also conveys and is leased; no lease income is stated here.

The property has approximately 185 feet of frontage on Rt. 220 in Franklin County. Four mobile-home sites are located behind the restaurant, with two wells and two four-bedroom septic systems. The septic capacity is described as suitable for four mobile homes or two four-bedroom houses.

Key Highlights

  • 2‑acre restaurant property with an 816‑square‑foot building
  • Approximately 185 feet of frontage on Rt. 220
  • Restaurant equipment and furniture are included

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The sale includes restaurant furnishings and equipment, along with a billboard and four rear 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: 2‑acre restaurant property with an 816‑square‑foot building; Approximately 185 feet of frontage on Rt. 220; Restaurant equipment and furniture are included
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