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    Melfa, VA
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    Melfa, VA Restaurants for Sale

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    Accomac, VA Onancock, VA Onley, VA Locustville, VA Wachapreague, VA Quinby, VA Pungoteague, VA Painter, VA
    Freestanding Restaurant with Full Bar
    Updated: May 23, 2025
    Freestanding Restaurant with Full Bar

    29106 LANKFORD HWY, Melfa, VA 23410

    $499,000
    4,530 sqft 1.76 AC lot
    4,530‑square‑foot restaurant building constructed in 1966
    Full bar with separate entrance
    Licensed for 100 patrons; stated capacity of 150
    New HVAC throughout, walk‑in cooler, and fresh paint
    Approximately 225'+- of frontage on Lankford Highway
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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Melfa, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Updated Commercial Kitchen Building
    Updated Commercial Kitchen Building

    11556 OCCOHANNOCK ROAD, Exmore, VA 23350

    $98,500
    721 sqft 0.20 AC lot

    Food-service-ready building with commercial hood equipment, stainless sinks, and a compact outdoor area.

    View details
    Turn-Key Corner Restaurant
    Turn-Key Corner Restaurant

    151 MARKET ST, Onancock, VA 23417

    $997,000
    3,036 sqft 0.25 AC lot

    Turn-key restaurant on a corner lot with on-site parking and recent interior updates in 2023.

    View details
    Vacant Drive-Through Restaurant
    Vacant Drive-Through Restaurant

    4112 Lankford Hwy, Exmore, VA 23350

    Contact for pricing

    Vacant Taco Bell with an established drive-thru lane on U.S. Route 13 in Exmore, Virginia.

    View details
    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    132 Market St., Onancock, VA 23417

    Contact for pricing

    Upgraded mixed-use building with an operating ice cream business, office space, and a rented apartment.

    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 Corner Site in Onley
    Commercial Corner Site in Onley

    25576 LANKFORD HWY, Onley, VA 23418

    $695,000
    2.25 AC lot

    Commercial corner site in the heart of the Eastern Shore.

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    Eel Creek Residential Lots
    Eel Creek Residential Lots

    14* CHESTER PARK DR lot: 14*, Chincoteague, VA 23336

    $150,000
    3.56 AC lot

    Two residential lots near Assateague Island's beaches.

    View details

    Melfa, VA Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Melfa, VA on our real estate platform. These investment opportunities span a total of 4,530 square feet of properties for sale, with an estimated market value of $499,000.

    Sale prices for restaurant properties in Melfa, VA average $499,000 — 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

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 2,393
    Population Growth (5Y) +38.6%
    Median Household Income $50,313
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23410 $499K

    Taxes & Financing

    Tax Rate (average for all types) 0.48%
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Accomack County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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