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    Petersburg, VA
    Restaurants

    Petersburg, VA Restaurants for Sale

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    Prince George, VA Hopewell, VA Colonial Heights, VA Disputanta, VA Chesterfield, VA Chester, VA Chase City, VA North Chesterfield, VA
    Commercial Building with Restaurant Space
    Updated: Nov 6, 2024
    Commercial Building with Restaurant Space

    2019 E Washington St, Petersburg, VA 23803

    $379,000
    2,400 sqft
    Owner financing available: up to 50% of the purchase price.
    Turnkey restaurant space: fully built‑out with a complete kitchen and hood system.
    High‑growth area: strategic location to capitalize on the anticipated new casino in Petersburg.
    Versatile commercial building: 2,400 sq. ft. standalone building suitable for investment or owner‑user.
    Two separate interior spaces: Left unit is a restaurant, right unit is flexible for retail or service‑based business.
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    See hot listings in Petersburg

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 1 Active listings in Petersburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

    Functional Warehouse with Fenced Yard
    Functional Warehouse with Fenced Yard

    321 West 7th Street, Richmond, VA 23224

    $3,400,000
    1 sqft 0.76 AC lot

    Versatile warehouse property with drive-in access, loading infrastructure, outdoor storage, and off-street parking.

    View details
    Waterfront Marina with Restaurant
    Waterfront Marina with Restaurant

    8631 River Road, South Chesterfield, VA 23803

    $3,250,000
    34.81 AC lot

    Lakefront commercial property with boat slips, event facilities, retail space, and supporting site improvements.

    View details
    Freestanding Drive-Through Restaurant
    Freestanding Drive-Through Restaurant

    6824 Hull Street Road North, Richmond, VA 23224

    Contact for pricing
    2,831 sqft 0.86 AC lot

    Existing drive-through improvements support restaurant operations and potential retail repositioning.

    View details
    Historic Corner Retail Restaurant
    Historic Corner Retail Restaurant

    520 N 25th St, Richmond, VA 23225

    $1,900,000

    Centrally located corner property in a walkable neighborhood, suited for retail, restaurant, and community gathering uses.

    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.

    Land For Sale
    Land For Sale

    15904-15920 Happy Hill Road, Colonial Heights, VA 23834

    Contact for pricing

    Land available for sale.

    View details
    Commercial Lot For Sale
    Commercial Lot For Sale

    109 S 6th Ave, Hopewell, VA 23860

    $41,000
    0.14 AC lot

    Commercial lot for sale, 0.14 acres, zoned B2.

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    Corner Commercial Land
    Corner Commercial Land

    4801 Ridgedale Parkway, Richmond, VA 23234

    $225,000
    0.70 AC lot

    CC-zoned commercial site with public water and sewer service at a signalized?

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    Commercial Land Parcel
    Commercial Land Parcel

    510 Savannah Avenue, Henrico, VA 23222

    $120,000
    0.28 AC lot

    Commercial-use land with public water and sewer service near established retail and transportation corridors.

    View details

    Off-Market Properties in Petersburg, VA

    Consider similar Off-Market properties in Petersburg, 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.

    500 Wythe St
    RESTAURANT

    500 Wythe St, Petersburg, VA 23803

    Estimated value:
    $210,000
    4,257 sqft 0.99 AC lot
    View details
    1608 Washington St
    RESTAURANT

    1608 Washington St, Petersburg, VA 23803-3631

    Estimated value:
    $170,000
    1,056 sqft 0.16 AC lot
    View details
    1242 Washington St
    RESTAURANT

    1242 Washington St, Petersburg, VA 23803-3923

    Estimated value:
    $155,000
    711 sqft 0.20 AC lot
    View details
    1401 Washington St
    RESTAURANT

    1401 Washington St, Petersburg, VA 23803-3904

    Estimated value:
    $170,000
    1,800 sqft 0.20 AC lot
    View details
    1228 Washington St
    RESTAURANT

    1228 Washington St, Petersburg, VA 23803-3923

    Estimated value:
    $235,000
    1,661 sqft 0.34 AC lot
    View details
    403 Washington St
    RESTAURANT

    403 Washington St, Petersburg, VA 23803-3305

    Estimated value:
    $210,000
    2,974 sqft 0.74 AC lot
    View details
    1933 Washington St
    RESTAURANT

    1933 Washington St, Petersburg, VA 23803-3636

    Estimated value:
    $220,000
    2,052 sqft 0.38 AC lot
    View details
    720 Washington St
    RESTAURANT

    720 Washington St, Petersburg, VA 23803-3450

    Estimated value:
    $185,000
    1,845 sqft 0.42 AC lot
    View details
    3221 Washington St
    RESTAURANT

    3221 Washington St, Petersburg, VA 23803-2743

    Estimated value:
    $355,000
    5,843 sqft 1.19 AC lot
    View details
    2226 Washington St
    RESTAURANT

    2226 Washington St, Petersburg, VA 23803-3726

    Estimated value:
    $155,000
    936 sqft 0.27 AC lot
    View details
    1910 Washington St
    RESTAURANT

    1910 Washington St, Petersburg, VA 23803-3637

    Estimated value:
    $210,000
    3,265 sqft 0.77 AC lot
    View details
    3329 Washington St
    RESTAURANT

    3329 Washington St, Petersburg, VA 23803-2745

    Estimated value:
    $225,000
    620 sqft 1.51 AC lot
    View details
    1714 Washington St
    RESTAURANT

    1714 Washington St, Petersburg, VA 23803

    Estimated value:
    $215,000
    4,545 sqft 0.31 AC lot
    View details
    2350 Washington St
    RESTAURANT

    2350 Washington St, Petersburg, VA 23803-2728

    Estimated value:
    $170,000
    2,845 sqft 1.01 AC lot
    View details
    1315 Washington St
    RESTAURANT

    1315 Washington St, Petersburg, VA 23803-3902

    Estimated value:
    $235,000
    1,480 sqft 0.44 AC lot
    View details
    153 Wagner Rd
    RESTAURANT

    153 Wagner Rd, Petersburg, VA 23805-9303

    Estimated value:
    $225,000
    2,094 sqft 1.13 AC lot
    View details
    106 Sycamore St
    RESTAURANT

    106 Sycamore St, Petersburg, VA 23803-3245

    Estimated value:
    $140,000
    1,150 sqft 0.05 AC lot
    View details
    2010 Sycamore St
    RESTAURANT

    2010 Sycamore St, Petersburg, VA 23805-2727

    Estimated value:
    $225,000
    3,212 sqft 0.14 AC lot
    View details
    108 Sycamore St
    RESTAURANT

    108 Sycamore St, Petersburg, VA 23803-4258

    Estimated value:
    $240,000
    1,155 sqft 0.60 AC lot
    View details
    2733 Park Ave
    RESTAURANT

    2733 Park Ave, Petersburg, VA 23805-2421

    Estimated value:
    $285,000
    7,633 sqft 0.78 AC lot
    View details
    218 Old Church St
    RESTAURANT

    218 Old Church St, Petersburg, VA 23803-3434

    Estimated value:
    $130,000
    750 sqft 0.07 AC lot
    View details
    21 Old St
    RESTAURANT

    21 Old St, Petersburg, VA 23803-3221

    Estimated value:
    $210,000
    9,380 sqft 0.25 AC lot
    View details
    16 Old St
    RESTAURANT

    16 Old St, Petersburg, VA 23803-3222

    Estimated value:
    $210,000
    2,075 sqft 0.05 AC lot
    View details

    Petersburg, VA Restaurants Market Trends and Statistics

    Explore 58 restaurants for sale in Petersburg, VA on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $379,000.

    Sale prices for restaurant properties in Petersburg, VA average $379,000 — 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

    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 71K
    Population Growth (5Y) +24.0%
    Median Household Income $61,750
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    23803 $379K

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Property Tax per SF $20.20 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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