6714 Main St, Gloucester, VA 23061
For Lease
1 / 2
This exceptional 2,600 square foot restaurant, located at 6714 Main St in Gloucester, Virginia, presents a unique investment opportunity. Built in 1932, this B-2 zoned property boasts a rich history and a loyal customer base, having operated almost continuously since its inception. The property sits on a 0.2-acre lot and offers a modern kitchen, perfectly equipped for continued culinary success. An added bonus is an upstairs apartment, ideal for owner occupancy or generating additional rental income. Situated in the heart of Gloucester Village, a certified Main Street community, this restaurant benefits from a thriving downtown area filled with independent businesses and a strong local economy. Its prime location offers easy access to county offices, the courthouse, and Riverside Walter Reed Hospital, all within five minutes. Furthermore, it's within walking distance of several popular local businesses, including Ace Hardware, Gloucester Brewing Company, Kelsick Market, and Ware Neck Produce, ensuring high foot traffic and visibility. The asking price is $550,000, translating to $211.54 per square foot. This is a rare chance to acquire a well-established, profitable restaurant in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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 · Gloucester, VAGloucester. 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.