Luray, VA
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    Luray, VA Restaurants for Sale

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    Rileyville, VA Stanley, VA New Market, VA
    Retail Gift Shop with Guest Cottages
    $849,000
    6,728 SF
    Retail Gift Shop with Guest Cottages

    2487/2547 US HWY 211 W, Luray, VA 22835

    Multi-building C-1 property with road frontage, a gift shop/restaurant setup, and guest cottages for flexible hospitality use.
    • Seven‑room retail gift shop with 3 additional rooms, 2 full and 4 half baths, plus kitchen with walk‑in cooler and dining area
    • Includes large basement and restaurant equipment
    • Property sits on 7.95 acres with 1,000 ft of road frontage and large open meadow areas with plenty of parking
    • 8 total buildings include guest cottages, a workshop, and a lean‑to; borders Mill Creek and includes a pond on‑site
    • Guest cottages offer unlimited short‑term rental potential
    Updated: Jun 13, 2022
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    Retail Gift Shop with Cottages
    $925,000
    7.95 Acres
    Retail Gift Shop with Cottages

    2487/2547 Us Hwy 211 W, Luray, VA 22835

    Retail gift shop with cottages on 7.95 acres.
    • Thriving business opportunity with 44+ year history including a Motel, Restaurant, and Gift Shop.
    • Unlimited short‑term rental potential with guest cottages.
    • Enjoy 7.95 acres with mountain views, Mill Creek border, and a pond.
    • Prime location near Luray Caverns, Shenandoah National Park, and other attractions.
    • Eight total buildings including retail space, cottages, workshop, and lean‑to.
    Updated: Oct 12, 2023
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Luray, 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.

    Iconic Restaurant Opportunity in Woodstock
    $985,000
    0.63 Acres
    Iconic Restaurant Opportunity in Woodstock

    Established restaurant with historic charm and modern functionality for sale.

    325 S MAIN Street, Woodstock, VA 22664

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    Restaurant or Medical Office Corner Building
    $750,000
    2,435 SF
    Restaurant or Medical Office Corner Building

    Corner building with two operational hoods, ample parking, and wheelchair accessibility, suited for restaurant, retail, or medical use.

    12167 LEE Highway, Sperryville, VA 22740

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    Turn-Key Restaurant with Commercial Units
    $825,000
    4,824 SF
    Turn-Key Restaurant with Commercial Units

    Fully equipped restaurant with additional commercial units and high visibility.

    11669 LEE Hwy, Sperryville, VA 22740

    View details
    Iconic Restaurant Opportunity in Woodstock
    $985,000
    0.63 Acres
    Iconic Restaurant Opportunity in Woodstock

    Established restaurant with historic charm and modern functionality for sale.

    325 S MAIN St, Woodstock, VA 22664

    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 Luray Caverns
    $1,737,000
    5.79 Acres
    Commercial Land Near Luray Caverns

    5.7 acres of commercial land near Skyline Drive.

    COTTAGE DR., Luray, VA 22835

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    B-1 Zoned Retail Land Parcel
    $299,500
    1.12 Acres
    B-1 Zoned Retail Land Parcel

    Zoned B-1 and located in a heavily trafficked Luray shopping center anchored by major retailers.

    US HWY 211 W, Luray, VA 22835

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    Commercial Land in Broadway, VA
    $355,000
    1.50 Acres
    Commercial Land in Broadway, VA

    1.5 acre commercial land tract in Broadway, Virginia.

    TIMBER WAY, Broadway, VA 22815

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    General Business Zoned Commercial Land
    $599,000
    4.24 Acres
    General Business Zoned Commercial Land

    General Business (B-2) zoned land on Route 42 with commercial access and utilities in place.

    S MAIN ST lot: 1, Broadway, VA 22815

    View details

    Off-Market Properties in Luray, VA

    Consider similar Off-Market properties in Luray, 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.

    Luray Shopping Ctr
    Restaurants
    96,700 SF Lot: 8.00 Acres
    Value Estimation by Request
    Luray Shopping Ctr

    0 Luray Shopping Ctr, Luray, VA 22835

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    2487/2547 Us Highway 211
    Restaurants
    1 SF Lot: 7.95 Acres
    Value Estimation by Request

    2487/2547 Us Highway 211, Luray, VA 22835

    View details

    Luray, VA Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Luray, VA on our real estate platform. These investment opportunities span a total of 1 square feet of properties for sale, with an estimated market value of $925,000.

    Sale prices for restaurant properties in Luray, VA start at $925,000, averaging $925,000, and reaching up to $925,000 — 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 2

    Demographics Overview

    Population 11K
    Population Growth (5Y) -2.4%
    Median Household Income $57,365
    College Educated 29.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    22835 $925K

    Taxes & Financing

    Tax Rate (average for all types) 0.65%
    Property Tax per SF $10.97 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Luray fall within the Under 2,500 square foot range.

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