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Freestanding Restaurant Investment

63 Market Street Palmyra, VA 22963

63 Market Street, Palmyra, VA, 22963
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For Sale
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Freestanding restaurant property is fully leased through 12/31/2031 with on-site parking near Route 15 access.

Property Size3,936 SF
Lot Size0.52 Acres
Days on Market50

Property Features for 63 Market Street

General Information

Standard status
Active
Size
3,936 SF
Lot size
0.52 Acres
Property subtype
Retail
Listing Agency MacKenzie Commercial Real Estate | Charlottesville
Listed by Sam P. Orr
Source Mackenziecommercial
Added: Jun 1 Checked: Jul 20 at 1:37 am

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 MacKenzie Commercial Real Estate | Charlottesville


Investment Insights

Based on property information with market context.

63 Market Street is a freestanding restaurant investment opportunity featuring a single building designed for restaurant use. The property totals 3,936 SF on 0.52 acres, and it is fully leased to Hometown Grill through 12/31/2031, providing long-term income potential for buyers seeking an operating asset.

Strategically positioned near Route 15 in Palmyra, Virginia, the site offers convenient access for regional traffic. The surrounding area includes the Lake Monticello community and is near national retailers such as Food Lion, Tractor Supply Co., and Dollar General, supporting a steady draw of nearby customers.

With ample parking on-site, the property can appeal to investors looking for a stable, leased retail restaurant format, as well as operators who value visibility and easy customer access. Its location near major retail and regional traffic routes may also make it a practical fit for restaurant concepts or other high-volume service uses consistent with the existing off-street parking configuration.

Key Highlights

  • Freestanding 3,936 SF retail building leased to Hometown Grill through 12/31/2031
  • 0.52‑acre site with ample on‑site parking for high‑volume retail or professional use
  • Strategically positioned near Route 15 with access for regional traffic

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Dental Office Spa & Massage Center Nail Salon Auto Repair Shop Pharmacy Hair Salon Restaurant Kitchen & Bath Showroom Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Freestanding restaurant property is fully leased through 12/31/2031 with on-site parking near Route 15 access.
Where is this conventional restaurant located?
The property is located at 63 Market Street Palmyra, VA.
What are key features of this property?
This property features: Freestanding 3,936 SF retail building leased to Hometown Grill through 12/31/2031; 0.52‑acre site with ample on‑site parking for high‑volume retail or professional use; Strategically positioned near Route 15 with access for regional traffic
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