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Overhauled Restaurant Building with Parking
For Sale
$3,750,000

350 UNIVERSITY BLVD, Harrisonburg, VA 22801

COMMERCIAL - HARRISONBURG, VA

Property Size7,110 SF
Lot Size2.09 Acres
Price / SF$527.43
Days on Market360

Property Features for 350 UNIVERSITY BLVD

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2 General Business
Directions Route 33 to Right on University, property on the left.
Subdivision Harrisonburg
Standard status Active
APN 079 B 1
Size 7,110 SF
Lot size 2.09 Acres

Taxes and HOA fees

Tax Year 2025

Building Details

Year built 2012
Listing Agency: Cottonwood Commercial LLC
Listed By: Craig Anders · License #0225231207
Added: Aug 22, 2025 Changed: Aug 14 Last Checked: Aug 16 at 2:06AM
MLS# 668190

Copyright © 2026 Harrisonburg-Rockingham 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 overhauled restaurant building was remodeled in 2021 and totals 7,110 square feet. The layout includes a high-capacity kitchen/bar and a dining area that seats approximately 304, along with building systems intended to support restaurant operations. The property sits on 2.09 acres and includes 149 parking stalls.

Located in Harrisonburg, Virginia, the site is less than one mile from Interstate 81 on University Blvd, described as a primary commercial corridor with 20,000+ ADT. The location is also just off the campus of James Madison University.

Zoning is B-2 General Business, offering a framework for a variety of commercial uses. With substantial parking and additional acreage, the site can also accommodate multiple users or redevelopment.

Key Highlights

  • 7,110 SF structure built in 2012 and totally overhauled in 2021
  • Former Island Wing on University Blvd in Harrisonburg, VA, less than 1 mile from I‑81
  • High‑capacity kitchen/bar plus a dining area that seats approximately 304

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
Yes
Paved road 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former Island Wing restaurant building overhauled in 2021 with high-capacity kitchen/bar and 149 parking spaces.
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: 7,110 SF structure built in 2012 and totally overhauled in 2021; Former Island Wing on University Blvd in Harrisonburg, VA, less than 1 mile from I‑81; High‑capacity kitchen/bar plus a dining area that seats approximately 304
More about this property
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