Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2312 Plank Rd Fredericksburg, VA 22401

    For Sale
    $1,700,000

    Turnkey restaurant and bar on high-visibility corridor, Route 3.

    Building Details

    Year built
    1987

    Source: COLDWELL BANKER ELITE Agent BRIAN CUNNINGHAM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fredericksburg Restaurant and Bar Opportunity

    This is an opportunity to acquire a standalone restaurant along Route 3 (Plank Road) in Fredericksburg. The property, situated on a 0.77-acre parcel, features a building of approximately 6,158 square feet currently operating as a full-service restaurant and bar. It is suited for investors or owner-users seeking a turnkey hospitality opportunity. The property includes multiple dining areas, bar seating, an established outdoor patio, and a fully equipped commercial kitchen, including a hood system and all major kitchen equipment. Ample on-site parking supports customer volume and convenient access. The site benefits from traffic of over 40,000 vehicles per day, proximity to I-95, and surrounding residential and commercial density. Nearby national brands include Wawa, Gold’s Gym, and numerous quick-service and full-service restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cowboy Jack's Fredericksburg American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Firehouse Subs Central Park, Micah's Ice Cream Truck, J & D Catering LLC, Elephant Indian Catering Company

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Spotsylvania
    State
    Virginia
    Longitude
    -77.499442
    Latitude
    38.295082

    Nearby Similar for Sale

    • $1,395,000
      69.08 Acres

      Lush 69-Acre Estate

      69.08 acre estate with ranch home, barn, and pastures.
      45 Bowling Farm Ln, Fredericksburg, VA 22406
      View Details
    • $850,000
      0.28 Acres

      Spacious Vacant Office Building

      Versatile office building with multiple suites and convenient amenities.
      403 Chatham Square Office Park, Fredericksburg, VA 22405
      View Details
    • New
      $1,500,000
      0.70 Acres

      Fredericksburg Office Building Investment

      8,652 SF office building in a prime commercial corridor.
      3920 Plank Rd, Fredericksburg, VA 22407
      View Details
    • $775,000
      2,304 SF

      Fredericksburg Mixed-Use Income Property

      Commercially-zoned property with retail space and residential units in historic downtown.
      1004 Prince Edward St, Fredericksburg, VA 22401
      View Details
    • $449,000
      0.10 Acres

      Renovated Office Space in Fredericksburg

      Move-in ready office with renovated features and convenient location.
      420 Dunmore St, Fredericksburg, VA 22401
      View Details
    • $578,000
      1,720 SF

      Luxury Home in 55+ Community

      Three-bedroom home in a vibrant 55+ active adult community.
      7102 Eckert Ct, Fredericksburg, VA 22407
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant and bar on high-visibility corridor, Route 3.
    Where is this restaurant located?
    The property is located at 2312 Plank Rd Fredericksburg, VA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - High-visibility location on Route 3 (Plank Road) with 40,000+ vehicles per day.; - Turnkey restaurant opportunity: **±6,158 SF building currently operating as a full-service restaurant and bar.**; - Fully equipped commercial kitchen with hood system and all major equipment included.
    Request Owner's contact information
    2312 Plank Rd Fredericksburg, VA 22401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2312 Plank Rd
    Fredericksburg, VA 22401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2312 Plank Rd Fredericksburg, VA 22401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.