Restaurants

Franklin, VA Restaurants for Sale

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Carrsville, VA Courtland, VA Suffolk, VA Sedley, VA Newsoms, VA Gates, NC Windsor, VA Zuni, VA
Restaurant Facility with Private Dining
Updated: Apr 27
Restaurant Facility with Private Dining

1324 Armory Dr, Franklin, VA 23851

Contact for pricing
5,000 sqft
Restaurant space at a signalized corner fronting a major City artery and a heavily used side thoroughfare
Approximately 5,000+ sq. ft. of space awaiting a restaurant use
Kitchen equipment and dining fixtures on site can be negotiated separately from the lease
Approximately 2,000 sq. ft. of the building can be closed and used as a banquet/private dining space
Surrounding businesses include Food Lion, Lowe's, KFC/Taco Bell, Belk, and Burger King
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Net-Lease Applebee's Restaurant
Updated: Apr 11
Net-Lease Applebee's Restaurant

1396 Armory Dr, Franklin, VA 23851

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Fee simple interest in an Applebee’s with an absolute NNN lease.
Long‑term 15‑year lease term with scheduled rent increases of 10% every five years.
Rent increase structure carries through the lease options to renew.
Tenant is Potomac Family Dining Group, operator of 65 restaurants.
Located along Armory Drive, the main retail corridor in Franklin.
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Two-Story Restaurant Building
Two-Story Restaurant Building

119 Main Street N, Franklin, VA 23851

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Historic two-story masonry restaurant building with updated systems, elevator, and included equipment.

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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 9 Potential Opportunities for your consideration. Besides 3 Active listings in Franklin, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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.

Fully Equipped Restaurant
Fully Equipped Restaurant

2900 Airline Boulevard, Portsmouth, VA 23701

$246,000
6,080 sqft

Established dine-in and takeout operation with a complete commercial kitchen package and furnishings included.

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Equipped Full-Service Restaurant
Equipped Full-Service Restaurant

2900 Airline Boulevard, Portsmouth, VA 23701

$246,000
6,080 sqft 1.21 AC lot

Established restaurant business with dine-in and takeout operations, commercial kitchen equipment, and a private dining room.

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Freestanding Restaurant with Drive-Through
Freestanding Restaurant with Drive-Through

728 North Main Street, Suffolk, VA 23434

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2,546 sqft 0.95 AC lot

Freestanding 2,546 SF restaurant with drive-through on 0.954 acres.

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Renovated Restaurant with Drive-Through
Renovated Restaurant with Drive-Through

6423 Whaleyville Blvd, Suffolk, VA 23438

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2,205 sqft 0.53 AC lot

Recently renovated restaurant property with the business and FF&E included in the sale.

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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.

Suffolk Commercial Land Opportunity
Suffolk Commercial Land Opportunity

208 E. Pinner St, Suffolk, VA 23434

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7,511 sqft 0.17 AC lot

B-1 zoned flat lot with excellent commercial potential.

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Off-Market Properties in Franklin, VA

Consider similar Off-Market properties in Franklin, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

31080 Smiths Fry Rd
RESTAURANT

31080 Smiths Fry Rd, Franklin, VA 23851

$265,000
Estimated value
2,122 sqft 2.00 AC lot
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Franklin, VA Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Franklin, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 4

Demographics Overview

Population 13K
Population Growth (5Y) +1.7%
Median Household Income $73,333
College Educated 34.9%

Taxes & Financing

Average Loan-to-Value 65.0%

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