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    Fancy Gap, VA
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    Fancy Gap, VA Restaurants for Sale

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    Randleman, NC Cana, VA Hillsville, VA
    Landmark Commercial Retail Property
    $645,000
    4,800 SF
    Landmark Commercial Retail Property

    7734 Fancy Gap Hwy, Fancy Gap, VA 24328

    Well-established commercial building with paved parking and high-visibility frontage along a major highway corridor.
    • Established commercial property with a 55+ year operating history.
    • Prime location off the Blue Ridge Parkway and near I‑77 with high visibility (5,000+ vehicles per day).
    • 4,800 sq ft building on 1.90 acres with ample paved parking.
    • Suitable for a variety of commercial uses: retail, restaurant, office, hospitality, or service‑based businesses.
    • Located in a scenic corridor in Fancy Gap, VA, benefiting from both local and tourist traffic.
    Updated: Apr 28
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    Restaurant and Retail Corner Site
    $389,500
    2,630 SF
    Restaurant and Retail Corner Site

    7786 Fancy Gap Hwy, Fancy Gap, VA 24328

    Freestanding restaurant property with existing infrastructure and strong gateway access at a major Southwest Virginia intersection.
    • Freestanding restaurant property with existing infrastructure and decades of operating history
    • Located at the intersection of US 52 and the Blue Ridge Parkway
    • Just 1 mile off I‑77
    • Mt Airy, NC is about 15 minutes away
    Updated: Jun 13
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Fancy Gap, 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.

    Sparta Motel and Restaurant
    $3,800,000
    1.51 Acres
    Sparta Motel and Restaurant

    64-room motel and restaurant in the Blue Ridge Mountains.

    341 N MAIN Street, Sparta, NC 28675

    View details
    Alleghany Inn
    $3,800,000
    14,797 SF
    Alleghany Inn

    Fully operational 64-room motel and restaurant located in Sparta, NC

    341 Main St Unit Sparta UNIT SPARTA, Unit SPARTA, Sparta, NC 28675

    View details
    Dobson Restaurant with Drive-Through
    $720,000
    2,888 SF
    Dobson Restaurant with Drive-Through

    Vacant restaurant property with drive-through in downtown Dobson, NC.

    120 E Kapp St, Dobson, NC

    View details
    Highway Visible Commercial Business Site
    $590,000
    1,826 SF
    Highway Visible Commercial Business Site

    Highly visible commercial site near I-77 with existing restaurant.

    2368 Zephyr Road, Dobson, NC 27017

    View details

    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 Near Interstate 77
    $699,900
    3.13 Acres
    Commercial Land Near Interstate 77

    3.132 acres of commercial land with high traffic exposure.

    218 Ballpark DR, Hillsville, VA 24343

    View details
    Commercial Land Near Interstate 77
    $699,900
    3.13 Acres
    Commercial Land Near Interstate 77

    3.132 acres of commercial land with frontage on Hwy 58.

    218 Ball Park Drive, Hillsville, VA 24343

    View details
    Hillsville Commercial Land For Sale
    $699,900
    3.13 Acres
    Hillsville Commercial Land For Sale

    3.132 acres of commercial land with high traffic frontage.

    218 BALL PARK Drive, Hillsville, VA 24343

    View details
    Hillsville Commercial Land For Sale
    $299,900
    5.44 Acres
    Hillsville Commercial Land For Sale

    5.444 acre commercial land with high traffic frontage.

    313 AIRPORT Road, Hillsville, VA 24343

    View details

    Fancy Gap, VA Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Fancy Gap, VA on our real estate platform. These investment opportunities span a total of 7,430 square feet of properties for sale, with an estimated market value of $1,034,500.

    Sale prices for restaurant properties in Fancy Gap, VA start at $389,500, averaging $517,250, and reaching up to $645,000 — 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

    Conventional restaurants 1

    Demographics Overview

    Population 1,724
    Population Growth (5Y) +10.4%
    Median Household Income $54,286
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24328 $645K

    Taxes & Financing

    Tax Rate (average for all types) 0.59%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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