Restaurants

Lancaster, VA Restaurants for Sale

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Mollusk, VA Lively, VA Weems, VA Merry Point, VA Irvington, VA Urbanna, VA Saluda, VA Kilmarnock, VA
Historic Tavern and Restaurant Property
Updated: Jun 7
Historic Tavern and Restaurant Property

8373 Mary Ball Rd, Lancaster, VA 22503

$48,500
Former Lancaster Tavern dating to the late 1700s; Year built listed as 1790
Structure remains standing after a devastating fire in 2020
Highly visible location along Mary Ball Road in the heart of the county seat
Sold as‑is; buyers should conduct their own due diligence regarding condition and future use
Walk Score: 6 (car‑dependent); bikeScore: 20 (somewhat bikeable)
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Lancaster, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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 and Gift Shop on Route 360
Restaurant and Gift Shop on Route 360

14646 Richmond Road, Callao, VA 22435

$195,000
1,612 sqft 1.74 AC lot

Restaurant and gift shop with frontage on Route 360.

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Brand New Retail Investment Opportunity
Brand New Retail Investment Opportunity

607 North Main Street, Kilmarnock, VA 22482

$2,263,000
7,000 sqft

For sale investment property featuring a brand new Starbucks and a Mattress Warehouse in Virginia.

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Restaurant and Gift Shop Storefront
Restaurant and Gift Shop Storefront

14646 Richmond Road, Callao, VA 22435

$195,000
1,612 sqft 1.74 AC lot

Restaurant and gift shop with Route 360 frontage and included kitchen equipment.

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Downtown Retail & Restaurant Building
Downtown Retail & Restaurant Building

41,43,45 S Main Street, Kilmarnock, VA 22482

$795,000
9,910 sqft 0.23 AC lot

For-sale downtown building with multiple leased businesses and recent roof, heat pump, and refrigeration upgrades.

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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

TM 23 85 Christopher Dr, Kilmarnock, VA 22482

$135,000
19.44 AC lot

Zoned C1 commercial land offering highway frontage, adjacent to established retailers, with wetlands delineation and survey on file.

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Commercial Land in Kilmarnock, VA
Commercial Land in Kilmarnock, VA

752 Irvington Road, Kilmarnock, VA 22482

$89,000
0.63 AC lot

Commercial plot in a bustling area near professional establishments.

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Commercial Lot in Kilmarnock, VA
Commercial Lot in Kilmarnock, VA

N Main Street lot: 45, Kilmarnock, VA 22482

$175,000
0.41 AC lot

Prime commercial lot in high-traffic Kilmarnock location.

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Kilmarnock Commercial Land For Sale
Kilmarnock Commercial Land For Sale

54 Irvington Road, Kilmarnock, VA 22482

$725,000
30,320 sqft 0.69 AC lot

Prime commercial property in Kilmarnock, ideal for redevelopment.

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Off-Market Properties in Lancaster, VA

Consider similar Off-Market properties in Lancaster, 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.

8373 Mary Ball Rd
RESTAURANT

8373 Mary Ball Rd, Lancaster, VA 22503-2519

Value Estimation by Request
2,962 sqft 1.35 AC lot
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589 Mantua Rd
RESTAURANT

589 Mantua Rd, Lancaster, VA 22503

Value Estimation by Request
2,740 sqft 0.81 AC lot
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Lancaster, VA Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Lancaster, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $48,500.

Sale prices for restaurant properties in Lancaster, VA start at $48,500, averaging $48,500, and reaching up to $48,500 — 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

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 4,046
Population Growth (5Y) +7.3%
Median Household Income $70,993
College Educated 46.6%

Taxes & Financing

Tax Rate (average for all types) 0.62%
Property Tax per SF $22.67 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lancaster County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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