Award-Winning Restaurant with Rental
For Sale
$229,000
516 W Main St, Appalachia, VA 24216
Established BBQ restaurant with rental income in Appalachia, Virginia.
Property Size4,000 SF
Price / SF$57.25
Days on Market332
Property Features for 516 W Main St
General Information
Standard status
Active
Size
4,000 SF
Listing Agency:
ReMax Mountain
(276) 393-3241
Listed By:
Amy Hubbard · License #0225229270
(276) 393-3241
Source:
Exprealty
Added: Oct 3, 2025
Changed: Aug 24
Last Checked: Aug 29 at 12:15PM
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 ReMax Mountain
Investment Insights
Based on property information with market context.
An established, award-winning restaurant is available for purchase in Appalachia, VA. Black Bear BBQ has been recognized multiple times as the Best of the Best for its BBQ. The property includes a stage for artist performances. The restaurant has a loyal customer base and is a popular stop for motorsport tourism groups. The sale includes all equipment, catering supplies, a smoker on a trailer, and a delivery van. The property also features a second commercial space, currently leased to Complete Cardio, generating rental income. This space has soaring ceilings and original hardwood floors, and could be transformed into an event venue or other income opportunity. The owner is willing to stay on during the transition to provide support and guidance. The property is approximately 4000 square feet.
Key Highlights
- Award‑winning, established BBQ restaurant with a proven track record and loyal customer base.
- Includes a second commercial space currently generating rental income.
- All restaurant equipment included in the sale, including catering supplies, smoker, and delivery van.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
2,694 visits/mo
0.3 miles
Dollar Tree
Shops & Services
2,625 visits/mo
0.3 miles
Exxon
Shops & Services
2,306 visits/mo
0.3 miles
Valero Energy
Shops & Services
1,829 visits/mo
0.4 miles
Demographics for 24216, VA
2,441
Population
1,236
Households
2
Avg Household Size
43
Median Age
11%
College-Educated
78%
High-School Grad
69.7 sq mi
ZIP Area
35
Density / Sq Mi
$32,400
Median Household Income
$27,708
Median Earnings
$674
Median Rent
$54,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established BBQ restaurant with rental income in Appalachia, Virginia.
Where is this conventional restaurant located?
The property is located at 516 W Main St Appalachia, VA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Award‑winning, established BBQ restaurant with a proven track record and loyal customer base.; Includes a second commercial space currently generating rental income.; All restaurant equipment included in the sale, including catering supplies, smoker, and delivery van.
