Award-Winning Restaurant with Rental
516 W Main Street, Appalachia, VA 24216
COMMERCIAL - Appalachia, VA
Property size:
4,000 SFLot size:
0.25 AcresPrice / SF:
$57/SF- Added:
- Oct 3, 2025
- Days on Market:
- 230
- Last Refresh:
- May 20 at 5:06 pm
Property Features for 516 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- 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 agent Amy Hubbard License #0225229270 (276) 393-3241
Listing office ReMax Mountain 504 Shawnee Ave E, Big Stone Gap, VA (276) 393-3241
Listing date Oct 3, 2025
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.
HighLights
- Established, Award‑Winning BBQ Restaurant: A proven track record with multiple 'Best of the Best' awards and a loyal customer base.
- Immediate Rental Income: Includes a second commercial space currently leased to Complete Cardio, generating revenue.
- Turn‑Key Operation: Fully equipped restaurant with all equipment included, such as catering supplies, smoker on trailer, and delivery van.
- Prime Location: Located in the only town named 'Appalachia' in the Appalachian region, a popular stop for motorsport tourism.
- Transition Support: Current owner willing to stay on during the transition for support and guidance.
- Versatile Second Commercial Space: Featuring soaring ceilings and original hardwood floors, suitable for an event venue or other income opportunities.
Overview
An award-winning BBQ restaurant is available for purchase in Appalachia, Virginia. Known as Black Bear BBQ, this established restaurant has been voted Best of the Best multiple years and includes a stage for artist performances. The property includes two commercial spaces. The first is the fully equipped and operating Black Bear BBQ restaurant with a proven track record. All equipment conveys with the sale, including catering supplies, a smoker on a trailer, and a delivery van. The second commercial space is currently leased to Complete Cardio, generating rental income. This versatile space features soaring ceilings and original hardwood floors and could be transformed into an event venue or other income opportunity. The current owner is willing to stay on during the transition, ensuring new owners have support and guidance. The property is approximately 4,000 square feet in size and sits on a 0.25-acre lot. The property is zoned C. The restaurant has customers from all over the country and is a well-loved stop for the Back Roads of Appalachia, Dragon Slayer, and many other motorsport tourism groups.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Turn key restaurants
Location Insight
- Map
- Local Demand
- City
- Appalachia
- County
- Wise
- State
- Virginia
- Longitude
- -82.7842595
- Latitude
- 36.9038343
Nearby Similar for Sale
FAQs
What type of property is this?
Turn key restaurant - Turn-key restaurant with rental income in historic Appalachia, Virginia.
Where is this turn key 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: Established, Award‑Winning BBQ Restaurant: A proven track record with multiple 'Best of the Best' awards and a loyal customer base.; Immediate Rental Income: Includes a second commercial space currently leased to Complete Cardio, generating revenue.; Turn‑Key Operation: Fully equipped restaurant with all equipment included, such as catering supplies, smoker on trailer, and delivery van.
