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Overhauled Restaurant Building
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350 University Blvd, Harrisonburg, VA 22801

Totally overhauled in 2021, the 7,110 SF restaurant includes a high-capacity kitchen/bar and dining seating for about 304.

Property Size7,110 SF
Price / SF$527.43
Days on Market331

Property Features for 350 University Blvd

General Information

Standard status Active
Size 7,110 SF
Total Parking Spaces 149
Property subtype RETAIL

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes

Building Details

Year Renovated 2021
Listing Agency: Cottonwood Commercial
Listed By: Craig Anders · License #0225231207
Source: Moodyscre
Added: Sep 9, 2025 Changed: Jul 25 Last Checked: Aug 5 at 11:40AM

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 Cottonwood Commercial

Investment Insights

Based on property information with market context.

Totally overhauled in 2021, this 7,110 SF restaurant building features a high-capacity kitchen/bar and a dining area that seats approximately 304. The property’s building systems have been brought to support the needs of restaurant operations.

Set on more than 2 acres with 149 parking stalls, the site is designed for substantial on-site parking for multiple users and also provides room for additional land uses or redevelopment. The property is located in Harrisonburg, Virginia, less than one mile from Interstate 81 on University Blvd, an area primary commercial corridor with 20,000+ ADT.

The former Island Wing is positioned just off the campus of James Madison University, where 22,000 students are served, supporting strong day-to-day local demand for restaurant and related concepts.

Key Highlights

  • Totally overhauled in 2021: 7,110 SF restaurant building
  • High‑capacity kitchen/bar plus dining area seating approximately 304
  • Property is over 2 acres with 149 parking stalls for multiple users or redevelopment

Property Analytics

Current Use

Island Wing Company ... Bar & Pub

Suggested Use

Top Pick Electrical Service HVAC Service Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Plumbing Service

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

20,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,692
Businesses Nearby
1.1M
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 26% Superstores 25% Dining 21% Shops & Services 13%
Walmart Superstores
153,357 visits/mo 0.5 miles
Target Superstores
115,385 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
54,107 visits/mo 0.2 miles
T.J. Maxx Apparel
46,500 visits/mo 0.5 miles
Kohl's Apparel
41,209 visits/mo 0.5 miles

Demographics for 22801, VA

40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
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 - Totally overhauled in 2021, the 7,110 SF restaurant includes a high-capacity kitchen/bar and dining seating for about 304.
Where is this conventional restaurant located?
The property is located at 350 University Blvd Harrisonburg, VA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Totally overhauled in 2021: 7,110 SF restaurant building; High‑capacity kitchen/bar plus dining area seating approximately 304; Property is over 2 acres with 149 parking stalls for multiple users or redevelopment
(540) 383-6054 Call to check price and availability
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