Restaurants

Hot Springs, VA Restaurants for Sale

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Healing Springs, VA Warm Springs, VA Penhook, VA Millboro, VA Clifton Forge, VA Low Moor, VA Covington, VA Marlinton, WV
Established Restaurant in Allegheny Highlands
Updated: Aug 9, 2025
Established Restaurant in Allegheny Highlands

2849 Main St, Hot Springs, VA

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5,009 sqft 0.23 AC lot
Fully operational and historically branded restaurant (Sam Snead's Tavern).
Located directly across from the Omni Homestead Resort.
Positioned for immediate ROI and long‑term growth.
Located in the heart of Virginia’s Allegheny Highlands tourism corridor.
Investment‑ready asset.
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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 1 Active listings in Hot Springs, 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.

Restaurant Property with Paved Parking
Restaurant Property with Paved Parking

54 Comfort Way, Lexington, VA 24450

$1,750,000

Restaurant site includes paved parking, public utilities, and some on-site restaurant equipment with walk-ins currently operational.

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Commercial Restaurant Building
Commercial Restaurant Building

415 Thacker Ave, Covington, VA 24426

$750,000
3,720 sqft

For sale commercial restaurant property in Covington, zoned for commercial use.

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Corporate-Leased Restaurant
Corporate-Leased Restaurant

100 WALKER ST, Lexington, VA 24450

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For sale with a corporate long-term lease structure and a stated 5.00% cap rate.

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Single-Tenant Drive-Through Restaurant
Single-Tenant Drive-Through Restaurant

801 S Craig Ave, Covington, VA 24426

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Single-tenant KFC drive-through with over 30 years of operating history and a lease featuring 18.5 years remaining.

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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 Multiple Build Sites
Commercial Land with Multiple Build Sites

N Lee Highway, Lexington, VA 24450

$3,500,000
129.00 AC lot

130+ acre tract with utilities available and a commercial entry, suited for varied development under existing zoning.

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General Business Zoned Commercial Lot
General Business Zoned Commercial Lot

LEE JACKSON HWY lot: B-1, Staunton, VA 24401

$259,900
0.97 AC lot

Commercial lot with public utilities, road frontage, and shared access already established for straightforward development.

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Commercial Development Land Lot
Commercial Development Land Lot

0-Lot 23 LIFECORE DR, Staunton, VA 24401

$434,000
1.08 AC lot

Vacant commercial lot on Route 250 near Lifecore Drive, with potential to combine with adjacent parcels.

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Commercial Development Land Parcel
Commercial Development Land Parcel

0-Lot 22 LIFECORE DR, Staunton, VA 24401

$434,000
1.08 AC lot

Commercial development land positioned at Myers Corner with frontage on Jefferson Highway and Lifecore Drive.

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Hot Springs, VA Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Hot Springs, VA on our real estate platform. These investment opportunities span a total of 5,009 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Turn key restaurants 1

Demographics Overview

Population 2,395
Population Growth (5Y) -12.4%
Median Household Income $61,953
College Educated 14.6%

Taxes & Financing

Tax Rate (average for all types) 0.60%
Property Tax per SF $11.06 per SF
Average Loan-to-Value 65.0%

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