Richmond, VA Restaurants for Sale

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Henrico, VA Goochland, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA Sandston, VA Midlothian, VA

24 properties

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Updated: May 21, 2024

Two-Story Mixed-Use Property

801 W Broad Street, Richmond, VA 23220

$2,250,000

0.07 AC lot

2‑story building with a full basement
Restaurant, 2 large apartments, and rooftop patio access
Restaurant equipment, furniture, and fixtures convey
0.07‑acre corner property near VCU
Adjacent to Panera, Chipotle, CAVA, and other national retail restaurant anchors

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Updated: May 23, 2025

Renovated Mixed-Use Property

417 W Grace Street, Richmond, VA 23220

$1,650,000

0.07 AC lot

Mixed‑use property at 417 W Grace Street in Richmond, VA 23220
Renovated in 2015 with brick construction
0.07‑acre site near Virginia Commonwealth University
Restaurant area includes a 15' stainless hood, exhaust system, and gas stove
Walk‑in refrigerator, grease trap, and sprinkler system included

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Established Seafood Restaurant

8902 Broad St W, Richmond, VA 23294

$175,900

4,200 sqft

Equipped kitchen, dining area, and full bar support continued restaurant operations.

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See what stands out in Richmond City County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in

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.

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Freestanding Building in Willow Lawn

4711 West Broad Street, Richmond, VA 23230

$2,400,000

6,000 sqft

6,000 SF building with commercial kitchens in growing district.

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Corner Mixed-Use VCU Opportunity

801 W Broad St, Richmond, VA 23220

$2,250,000

6,400 sqft

Two-story mixed-use building near VCU with restaurant and apartments.

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Move-In Ready Restaurant with Patio

618 1st Street, Richmond, VA 23219

$695,000

2,667 sqft

Renovated ground-floor restaurant with rear patio and off-street parking for a smooth owner-operator setup.

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Retail Building with Infrastructure Upgrades

1427 Hull Street, Richmond, VA 23224

$1,000,000

7,750 sqft

Historic-district property with exposed brick and flexible interior configuration.

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Freestanding Storefront Retail Building

2200 E LABURNUM AVE, Richmond, VA 23222

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3,025 sqft

Customer-facing commercial space offers multiple access points and surface parking.

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Single-Tenant NNN Restaurant Ground Lease

11450 Midlothian Turnpike, Richmond, VA 23235

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6,692 sqft

For sale Carrabba’s Italian Grill on an absolute NNN ground lease with about 10 years remaining and scheduled 10% escalations.

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Freestanding Drive-Through Restaurant

6824 Hull Street Road North, Richmond, VA 23224

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2,831 sqft 0.86 AC lot

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

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Restaurant Investment Opportunity

1001 N Lombardy St, Richmond, VA 23220

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1,200 sqft

Tenant-occupied restaurant space near VCU and VUU.

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Turnkey Baskin-Robbins Franchise Opportunity

6940 Forest Hill Ave, Richmond, VA 23225

$825,000

Established Baskin-Robbins franchise for sale in a prime location.

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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.

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Richmond Corner Lot Investment Opportunity

1217 E Main St, Richmond, VA 23219

$1,200,000

Prime corner lot in Richmond's financial district with high visibility.

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Kroger Outparcel Restaurant

2807 Hicks Rd, Richmond, VA 23235

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2.61 AC lot

Restaurant property completed in 2014 and previously operated under the Bojangles brand.

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Mixed-Use Building with Street-Level Retail

1713 E Main St, Richmond, VA 23220

$1,520,000

Mixed-use property with ground-level restaurant/bar-ready space and upper-level units for residential, office, or short-term rental use.

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Equipped Restaurant with Patio

7 N 17th St |, Richmond, VA 23219

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Existing kitchen equipment and an outdoor patio support restaurant operations in a downtown setting.

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Equipped Breakfast & Diner

11161 Research Plz Wy., Richmond, VA 23236

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3,003 sqft

Commercially zoned restaurant property with kitchen equipment, furnishings, parking, and accessible customer facilities.

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Historic Mixed-Use Building

2816 W Broad St, Richmond, VA 23230

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Restored architectural property with four commercial spaces and TOD-1 Transit Oriented zoning.

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Multi-Tenant Retail Storefront

1205 Westover Hills Boulevard, Richmond, VA 23225

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One-story retail building with restaurant space and B-2 zoning.

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Restaurant-Fit Commercial Space

112 East Clay Street, Richmond, VA 23219

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First-floor commercial space with a full kitchen and restaurant fit, with additional rented basement storage.

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Partially Renovated Mixed-Use Property

2306 E Leigh Street, Richmond, VA 23233

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Prior permitted uses included restaurant and retail; the space is also suited to office use.

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Freestanding Restaurant Property

11309 Midlothian Turnpike, Richmond, VA 23235

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Two restaurant tenants occupy a standalone commercial property under Double Net lease structures.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Richmond, VA, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Richmond, VA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Richmond, VA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 43,769 square feet of properties for sale, with an estimated market value of $19,265,900.

Sale prices for restaurant properties in Richmond, VA start at $175,900, averaging $1,605,491, and reaching up to $3,400,000 — 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

Demographics Overview

Population 594K

Population Growth (5Y) +3.2%

Median Household Income $75,947

College Educated 27.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
23294	$175.9K
23219	$1.2M
23225	$1.4M
23220	$2M
23224	$2.2M

Taxes & Financing

Tax Rate (average for all types) 0.37%

Property Tax per SF $7.41 per SF

Tax Rate vs County Average 0.05 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Richmond City County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Richmond fall within the 100,000+ square foot range.

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