Restaurants

Damascus, VA Restaurants for Sale

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Laurel Bloomery, TN Meadowview, VA Abingdon, VA
Damascus Commercial Property For Sale
Updated: Jan 15
Damascus Commercial Property For Sale

409 Fritz Street, Damascus, VA 24236

$750,000
3,370 sqft · 0.40 AC lot
Prime location in Damascus, VA, at the intersection of 7 major trails, including direct frontage on the Virginia Creeper Trail.
Turn‑key business opportunity including a well‑established restaurant (35+ years), a separate ice cream shop, and three furnished short‑term rental units.
Restaurant features a full bar, updated commercial kitchen, ample cold storage, trained staff, and seating for up to 38 indoors and 100 outdoors, including an outdoor deck.
Ice cream shop with excellent visibility, a walk‑up window, and a charming interior including a gift shop.
Three beautifully furnished short‑term rental units provide an additional income stream.
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Turn-Key Restaurant and Rental Units
Updated: Jan 16
Turn-Key Restaurant and Rental Units

409 Fritz St, Damascus, VA 24236

$750,000
3,370 sqft
Operating restaurant business for 35+ years in the heart of Damascus, VA, with an updated full commercial kitchen
Includes a full bar with indoor seating for 38 and outdoor seating for up to 100, plus an outdoor deck for live entertainment
Separate ice cream shop building at the front of the property with a walk‑up storefront window and indoor ordering
Ice cream shop features large windows, pastel colors, chalkboard art, vintage signs, and a gift shop
Three furnished short‑term rental units included, providing an additional income stream
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Gas Station, Grocery, Car Wash
Gas Station, Grocery, Car Wash

20433 Azen, Damascus, VA 24236

$299,000
3,000 sqft · 1.42 AC lot

Established business opportunity near popular trails and parks.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Damascus, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Shady Valley Commercial Opportunity
Shady Valley Commercial Opportunity

9854 Highway 421 N, Shady Valley, TN 37688

$249,900
4,068 sqft · 0.66 AC lot

Commercial property in high-traffic tourist destination, formerly Shady Valley General Store.

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Drive-Through Retail Restaurant Building
Drive-Through Retail Restaurant Building

254 S Shady Street, Mountain City, TN 37683

$279,900
660 sqft · 0.29 AC lot

Cinderblock restaurant building with working hood vent and three-phase electric, plus office and open main area on a main corridor.

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Storefront Building with Gas Tanks
Storefront Building with Gas Tanks

9854 Highway 421 N, Shady Valley, TN 37688

$249,900
4,068 sqft · 0.50 AC lot

Retail storefront with small office, back restaurant-style room, and three underground state-certified gas tanks on a half-acre site.

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Commercial Sale
Commercial Sale

693 S Shady St, Mountain City, TN 37683

$850,000
2,400 sqft

Conventional restaurants · 2,400 SF

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Meadowview Land Near Interstate 81
Meadowview Land Near Interstate 81

Glenbrook Ave, Meadowview, VA 24361

$495,000
19.56 AC lot

19.56 acres near I-81, offering visibility and development potential.

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Abingdon Commercial Property For Sale
Abingdon Commercial Property For Sale

24443 Lee Highway, Abingdon, VA 24210

$1,390,000
43,560 sqft · 1.00 AC lot

Commercial property with high visibility and traffic flow in Abingdon.

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Commercial Land on Highway 421
Commercial Land on Highway 421

2431 S Shady Street, Mountain City, TN 37683

$475,000
4.00 AC lot

4-acre commercial land with utilities and highway frontage in Mountain City.

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Commercial Land Near Main Street
Commercial Land Near Main Street

Windy Drive, Marion, VA 24354

$285,000
6.85 AC lot

Commercial land suitable for restaurants, hotels, and shops.

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Damascus, VA Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Damascus, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,740 square feet of properties for sale, with an estimated market value of $1,799,000.

Sale prices for restaurant properties in Damascus, VA start at $299,000, averaging $599,666, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Commercial kitchens 1
Conventional restaurants 1

Demographics Overview

Population 3,023
Population Growth (5Y) -4.1%
Median Household Income $33,846
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Damascus submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24236 $750K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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