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Property profile & analytics

5101 Ctr St Williamsburg, VA 23188-2655

  • Commercial land
  • 0.42 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-2082950
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Center Street Grill / American Restaurant / Restaurant

Property Details for 5101 Ctr St

Lot size
0.42 lot acres
Zone code
MU MIXED USE
Property type
Commercial land
APN
38-4 30-0-0001
APU
3843000001

Description

This exceptional offering presents a unique opportunity to acquire a thriving restaurant and its accompanying real estate in the desirable New Town area of Williamsburg, Virginia. Located at 5101 Center Street, this property boasts 4,200 square feet and sits on land with a permitted MU zoning designation (APN: 3843000001). The building was constructed in 2005 and includes both indoor and outdoor dining facilities, a full bar, and a complete dining room. This turnkey operation includes all furniture, fixtures, and equipment (FF&E), making for a seamless transition for the new owner. The restaurant is a well-established business, known for its superior food and service, and benefits from its prime location within a walkable area for residents, businesses, and shoppers. Its position as one of the first restaurants in New Town has solidified its place as a local staple, attracting a loyal customer base. The property also enjoys access to a readily available college-aged workforce. The asking price for this exceptional combination of real estate and established business is $1,800,000. This is a rare opportunity to acquire a profitable, well-regarded restaurant with significant growth potential in a thriving Virginia community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Williamsburg
County
James City
State
Virginia
Longitude
-76.742
Latitude
37.2785
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
More about this property
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