2100 Richmond Rd Williamsburg, VA 23185
For Sale
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This exceptional 8,393-square-foot restaurant building presents a unique opportunity for sale or lease in the vibrant Williamsburg, VA market. Situated on a generous 2.04-acre lot, this single-story, 1993-built property boasts ample parking with 126 spaces, ensuring convenient access for patrons. The building is currently vacant, offering a blank canvas for a new culinary venture. Previously occupied by a Red Lobster, the space retains significant existing fixtures, fittings, and equipment (FF&E), including essential commercial kitchen components such as hoods, a walk-in refrigerator, and a walk-in freezer, along with tables and chairs. This substantial investment saves significant upfront costs for a new operator. The property is zoned B-2, allowing for a variety of commercial uses. The building features a robust 800-amp power supply, capable of handling the demands of a busy restaurant. Annual property taxes are $2.10 per square foot. This prime location offers high visibility and accessibility, making it an ideal site for a successful restaurant or similar commercial enterprise. The expansive lot provides ample room for outdoor seating or expansion. This is a rare opportunity to acquire a well-located, fully equipped restaurant space in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 (CORRIDOR BUSINESS) · Williamsburg, VAWilliamsburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.