Restaurant with Leased Commercial
For Sale
$229,000
516 W Main Street, Appalachia, VA 24216
COMMERCIAL - Appalachia, VA
Property Size4,000 SF
Lot Size0.25 Acres
Price / SF$57.25
Days on Market324
Property Features for 516 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Directions
Travel into Appalachia past the entrance to new trail head from Big Stone Gap, go about 1/2 mile, go past post office and Black Bear is on left across from visitor center and hobby train building.
Subdivision
506 - Wise County
Standard status
Active
APN
018295
Size
4,000 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
825
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1946
Building materials
Brick
Roof type
Metal
Listing Agency:
ReMax Mountain
(276) 393-3241
Listed By:
Amy Hubbard · License #0225229270
(276) 393-3241
Added: Oct 3, 2025
Changed: Aug 4
Last Checked: Aug 22 at 6:06AM
MLS# 9986688
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 4,000-square-foot conventional restaurant property occupies 0.25 acres and includes two commercial areas. The operating restaurant conveys with its equipment, catering supplies, a smoker mounted on a trailer, and a delivery van. A performance stage, original hardwood flooring, and high ceilings add functional flexibility to the improvements. The building was constructed in 1946 with brick construction, a metal roof, heat pump heating and cooling, public water, and public sewer.
The second commercial space is leased to Complete Cardio, providing an existing rental component within the property. Located at 516 W Main Street in Appalachia, Virginia, the property carries C zoning and offers a combination of restaurant operations and additional commercial occupancy.
The second commercial space is leased to Complete Cardio, providing an existing rental component within the property. Located at 516 W Main Street in Appalachia, Virginia, the property carries C zoning and offers a combination of restaurant operations and additional commercial occupancy.
Key Highlights
- 4,000‑square‑foot restaurant property on 0.25 acres
- Two commercial spaces, including one leased to Complete Cardio
- Restaurant equipment, catering supplies, trailer‑mounted smoker, and delivery van convey
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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 - Operating restaurant with conveyed equipment, a performance stage, and a separate leased commercial area.
Where is this conventional restaurant located?
The property is located at 516 W Main Street 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: 4,000‑square‑foot restaurant property on 0.25 acres; Two commercial spaces, including one leased to Complete Cardio; Restaurant equipment, catering supplies, trailer‑mounted smoker, and delivery van convey
