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Established Restaurant in Allegheny Highlands
For Sale
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2849 Main St, Hot Springs, VA

Fully operational restaurant for sale in Hot Springs, Virginia.

Property Size5,009 SF
Lot Size0.23 Acres
Price / SF$447.20
Days on Market357

Property Features for 2849 Main St

General Information

Standard status Active
Size 5,009 SF
Lot size 0.23 Acres
Property subtype RETAIL
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Matt Huff · License #0225189906
Source: Moodyscre
Added: Aug 9, 2025 Changed: Jul 10 Last Checked: Jul 22 at 3:34AM

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 Poe & Cronk Real Estate Group

Investment Insights

Based on property information with market context.

Sam Snead's Tavern, located at 2849 Main St, Hot Springs, VA, is presented for sale. This fully operational and historically branded restaurant is situated in the heart of Virginia’s Allegheny Highlands tourism corridor, directly across the street from the newly renovated Omni Homestead Resort. The property offers an opportunity to acquire an investment-ready asset positioned for immediate ROI and long-term growth in a stable, year-round destination market. The Tavern blends heritage, flavor, and tradition, offering timeless charm and elegance of Southern hospitality. The property size is 5009 square feet.

Key Highlights

  • Fully operational and historically branded restaurant (Sam Snead's Tavern).
  • Located directly across from the Omni Homestead Resort.
  • Positioned for immediate ROI and long‑term growth.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair Florist Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Groceries 38%
Truist Shops & Services
1,799 visits/mo 0.2 miles
Virginia ABC Groceries
1,085 visits/mo 0.2 miles

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?
Restaurant - Fully operational restaurant for sale in Hot Springs, Virginia.
Where is this restaurant located?
The property is located at 2849 Main St Hot Springs, VA.
What is the asking price?
The asking price for this property is $2,240,000.
What are key features of this property?
This property features: Fully operational and historically branded restaurant (Sam Snead's Tavern).; Located directly across from the Omni Homestead Resort.; Positioned for immediate ROI and long‑term growth.
(540) 855-3655 Call to check price and availability
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