Restaurants

Fancy Gap, VA Restaurants for Sale

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Cana, VA Hillsville, VA Woodlawn, VA Ararat, VA Galax, VA Lambsburg, VA Laurel Fork, VA Mount Airy, NC
Freestanding Conventional Restaurant
Updated: Aug 10
Freestanding Conventional Restaurant

7786 Fancy Gap Hwy, Fancy Gap, VA 24328

$389,500
2,630 sqft
2630 square feet of commercial improvements
Located at the intersection of US 52 and the Blue Ridge Parkway
1 mile from I 77
Long operating history as a restaurant with existing restaurant infrastructure
Comm/ Ind zoning
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Restaurant and Retail Corner Site
Updated: Jun 14
Restaurant and Retail Corner Site

7786 Fancy Gap Hwy, Fancy Gap, VA 24328

$389,500
2,630 sqft
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
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Convenience Store and Restaurant Property
Convenience Store and Restaurant Property

1113 Dusty Ridge Rd, Fancy Gap, VA 24328

$299,000
1,582 sqft

Multi-use commercial property with a convenience store, separate brick restaurant, studio apartment, and Health Department-approved septic system.

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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 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.

Turnkey Hospitality Brewery Property
Turnkey Hospitality Brewery Property

2000 Bridge St, Elkin, NC 28621

$1,985,000
9,019 sqft 22.60 AC lot

Turnkey brewery and restaurant complex with included production facility and restaurant building ready for operation.

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Chipotle Drive-Through Restaurant
Chipotle Drive-Through Restaurant

1245 Tazewell Street, Wytheville, VA 24382

Contact for pricing
2,325 sqft

Corporate-leased quick-service restaurant near US Route 21 and the I-81/I-77 interchange.

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Wendy’s Drive-Through Restaurant
Wendy’s Drive-Through Restaurant

955 E. Main Street, Wytheville, VA 24382

$1,200,000

Freestanding Wendy’s restaurant asset with an established drive-through format in Wytheville.

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Winery, Vineyard, Restaurant, and Residence
Winery, Vineyard, Restaurant, and Residence

318 Elkin Creek Mill Road, Elkin, NC 28621

$2,250,000
2,200 sqft 38.10 AC lot

38.1 acre winery with restaurant, residence, and event space.

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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 with Highway Frontage
Commercial Land with Highway Frontage

218 Ball Park Drive, Hillsville, VA 24343

$699,900
3.13 AC lot

Two-parcel commercial tract with frontage on Hwy 58 and Ball Park Dr.

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Commercial Land with Two Parcels
Commercial Land with Two Parcels

218 BALL PARK Drive, Hillsville, VA 24343

$699,900
3.13 AC lot

Two-parcel commercial land with frontage on two roads and convenient access to I-77.

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Commercial Land Near Interstate
Commercial Land Near Interstate

313 AIRPORT Road, Hillsville, VA 24343

$299,900
5.44 AC lot

Two parcels offer Airport Road frontage with access to I-77 and Route 58 traffic exposure.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

313 AIRPORT Road, Hillsville, VA 24343

$299,900
5.44 AC lot

Two parcels near I-77 provide commercial land access along Airport Road.

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Fancy Gap, VA Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Fancy Gap, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,842 square feet of properties for sale, with an estimated market value of $1,078,000.

Sale prices for restaurant properties in Fancy Gap, VA start at $299,000, averaging $359,333, and reaching up to $389,500 — 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 3

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 $359.3K

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

Total CRE Inventory on Market (SF)

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