Restaurants

Damascus, VA Restaurants for Sale

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Laurel Bloomery, TN Meadowview, VA Abingdon, VA Chilhowie, VA Mountain City, TN Shady Valley, TN Creston, NC Troutdale, VA
Restaurant with Furnished Rentals
Updated: Jan 15
Restaurant with Furnished Rentals

409 Fritz Street, Damascus, VA 24236

$750,000
3,370 sqft 0.40 AC lot
3,370‑square‑foot restaurant property on 0.4 acres
Restaurant seats 38 indoors and up to 100 outdoors
Separate ice cream shop with walk‑up window and gift shop
Three furnished short‑term rental units included
Virginia Creeper Trail runs directly across the road
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Turn-Key Restaurant and Rental Units
Updated: Jan 15
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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Take-Out Restaurant with Storage
Take-Out Restaurant with Storage

534 S Main Street, Marion, VA 24354

$294,000
880 sqft 0.30 AC lot

Food-service property with an equipped workspace, detached utility building, and additional land across two parcels.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

254 S Shady Street, Mountain City, TN 37683

$279,900
660 sqft 0.29 AC lot

Compact commercial building with hood ventilation, three-phase power, and an adaptable interior for food-service or other small-business use.

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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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Equipped Take-Out Restaurant Property
Equipped Take-Out Restaurant Property

534 S MAIN ST, Marion, VA 24354

Contact for pricing
880 sqft

Turnkey take-out restaurant setup with a detached storage building, including electricity and multiple freezers, plus two parcels included.

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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.

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 Retail Anchors
Commercial Land Near Retail Anchors

Windy Drive, Marion, VA 24354

$285,000
6.85 AC lot

Commercially zoned land with public water and sewer available, positioned near established retail and restaurant businesses.

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Commercial Land Near I-81
Commercial Land Near I-81

Stagecoach Road, Bristol, VA 24201

$249,900
1.20 AC lot

Prime commercial land located off I-81, Exit 7.

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Downtown Commercial Land
Downtown Commercial Land

Hice Street, West Jefferson, NC 28694

$265,000
0.37 AC lot

Flat development site with public water, sewer, and natural gas service available.

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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 2
Conventional restaurants 2

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 $599.7K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washington County

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