Restaurants

Martinsville, VA Restaurants for Sale

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Collinsville, VA Ridgeway, VA Fieldale, VA Bassett, VA Stanleytown, VA Spencer, VA Axton, VA Oaklevel, VA
Restaurant Event Venue With Kitchen
Updated: Mar 18
Restaurant Event Venue With Kitchen

1420 Virginia Avenue, Martinsville, VA 24112

$199,900
3,935 sqft 0.26 AC lot
Multiple Income Streams: Operates as a Restaurant, Event Center, and Ice Cream Shop.
Versatile Event Space: Ideal for Weddings, Parties, Corporate Gatherings, and Community Events.
Excellent Visibility and Accessibility: Positioned on a well‑traveled corridor.
Turn‑key Commercial Opportunity: Ready for immediate operation.
Commercial Kitchen: Equipped for restaurant use.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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 with Walk-In Freezer
Restaurant with Walk-In Freezer

2914 Virginia Avenue, Collinsville, VA 24078

$350,000
2,172 sqft 0.39 AC lot

Restaurant space with a walk-in freezer, kitchen hoods and sinks, plus a main dining room seating 40 to 60.

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Bar and Lounge Space with Year Lease
Bar and Lounge Space with Year Lease

2089 Virginia Avenue, Collinsville, VA 24078

$499,900
3,410 sqft 0.29 AC lot

Bar and lounge space on a small site with two bathrooms, offered with a year lease in a high-visibility area.

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Turn-Key Restaurant Building in Eden
Turn-Key Restaurant Building in Eden

203B E Meadow Road, Eden, NC 27288

$749,900

Turn-key restaurant on high-traffic corridor, suitable for retail/office.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

247 W Kings Hwy, Eden, NC 27288

Contact for pricing
5,200 sqft

Mixed-use property featuring a restaurant and medical office 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 Development Land
Commercial Development Land

Virginia Avenue, Martinsville, VA 24112

$675,000
8.75 AC lot

8.75-acre commercial parcel beside Friedrichs Eye Center, recently staked, with access along Virginia Avenue in Martinsville.

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Commercial Lot Near Lowe's Store
Commercial Lot Near Lowe's Store

4252 Summit St, Roanoke, VA 24018

$211,300
2.12 AC lot

Commercial land for sale near a busy corridor.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

White House Rd lot: 8, Moneta, VA 24121

$195,000
1.50 AC lot

1.5-acre parcel near White House Road & Smith Mountain Lake Parkway.

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Retail Space in Moneta, VA
Retail Space in Moneta, VA

Celebration Ave lot: 12, Moneta, VA 24121

$510,000
0.14 AC lot

Retail space available in Downtown Moneta Towncenter.

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Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, 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.

147 Main St
RESTAURANT

147 Main St, Martinsville, VA 24112-2813

Value Estimation by Request
8,348 sqft 0.16 AC lot
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303 Church St
RESTAURANT

303 Church St, Martinsville, VA 24112-0092

Value Estimation by Request
2,003 sqft 0.36 AC lot
View details
1014 Liberty St
RESTAURANT

1014 Liberty St, Martinsville, VA 24112-1302

Value Estimation by Request
2,528 sqft 1.61 AC lot
View details
26 Church St
Restaurants

26 Church St, Martinsville, VA 24112

Value Estimation by Request
5,559 sqft
View details
2646 Greensboro Rd Rte
Restaurants

2646 Greensboro Rd Rte, Martinsville, VA 24112

Value Estimation by Request
67,370 sqft
View details
1121 Mem Blvd
Restaurants

1121 Mem Blvd, Martinsville, VA 24112

Value Estimation by Request
2,096 sqft 0.75 AC lot
View details
1051 Spruce St
RESTAURANT

1051 Spruce St, Martinsville, VA 24112-4506

$515,000
Estimated value
23,044 sqft 2.27 AC lot
View details
1210 Memorial S Blvd
RESTAURANT

1210 Memorial S Blvd, Martinsville, VA 24112-4807

Value Estimation by Request
4,489 sqft 0.56 AC lot
View details
500 Liberty St
DRIVE-THRU RESTAURANT, FAST FOOD

500 Liberty St, Martinsville, VA 24112-1807

Value Estimation by Request
2,810 sqft 0.94 AC lot
View details
811 Liberty St
RESTAURANT

811 Liberty St, Martinsville, VA 24112-1310

Value Estimation by Request
1,959 sqft 0.41 AC lot
View details

Martinsville, VA Restaurants Market Trends and Statistics

Explore 11 restaurants for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 3,935 square feet of properties for sale, with an estimated market value of $199,900.

Sale prices for restaurant properties in Martinsville, VA average $199,900 — 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

Commercial kitchens 1
Conventional restaurants 1
Drive through restaurants 1

Demographics Overview

Population 31K
Population Growth (5Y) +4.5%
Median Household Income $47,059
College Educated 6.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24112 $200K

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $11.16 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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