700 Jordan Pt Rd North Prince George, VA 23860-8249
This exceptional waterfront restaurant in Hopewell, Virginia presents a unique owner-user investment opportunity. Boasting 5,722 square feet across two stories, this fully occupied (100%) establishment offers immediate income potential. The property, located at 700 Jordan Point Rd, Prince George County, VA 23860, features extensive indoor dining space, complemented by beautifully renovated outdoor dining areas providing stunning river views. An outdoor stage area allows for live entertainment and events, further enhancing revenue streams. The current asking price is $1,995,000, translating to $348.65 per square foot. Significant value-add potential exists through the addition of boat docks, allowing for direct water access dining. The building itself is a single structure, offering a cohesive and manageable operation. This turnkey business is ready for a new owner to capitalize on its existing success and further develop its considerable potential. The property's prime location and attractive features make it an ideal investment for experienced restaurateurs seeking a thriving, established business with room for growth. This is a rare opportunity to acquire a well-established, profitable waterfront restaurant in a desirable location.
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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
R3 · North Prince George, VANorth Prince George. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.