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    Richmond, VA Restaurants for Sale

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    Placerville, CA Staunton, VA Henrico, VA Bon Air, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA
    14 properties
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    Move-In Ready Restaurant with Patio
    Updated: Jun 2
    Move-In Ready Restaurant with Patio

    618 N 1st St, Richmond, VA 23219

    $695,000
    2,667 sqft
    Move‑in ready ground‑floor restaurant with rear patio/courtyard
    Fully renovated in 2016
    Includes 3 off‑street parking spaces
    Potential to expand the building footprint
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    618 N 1st St, Richmond, VA 23219

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $35K
      Annual

    • Mortgage

      $264K
      May 2022

    • Last Sold

      Jan 2013
      $185K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1910
    View Property Analytics
    Freestanding Building in Willow Lawn
    Updated: Mar 25
    Freestanding Building in Willow Lawn

    4711 West Broad Street, Richmond, VA 23230

    $2,400,000
    6,000 sqft
    Full‑service commercial cooking facility with 16 private kitchens
    Highly visible, freestanding building on West Broad Street
    Building infrastructure fully renovated in 2022
    31 parking spaces
    Qualifies for tax incentives due to enterprise zone designation
    View details
    Fully Leased Mixed-Use Building
    Fully Leased Mixed-Use Building

    1600 BROOK RD, Richmond, VA 23220

    $1,850,000
    6,620 sqft

    Fully leased mixed-use building with ground-floor restaurant and retail, plus a second-floor walk-up office tenant.

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    Single-Tenant NNN Restaurant Ground Lease
    Single-Tenant NNN Restaurant Ground Lease

    11450 Midlothian Turnpike, Richmond, VA 23235

    $3,136,000
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Restaurant Investment Opportunity
    Restaurant Investment Opportunity

    1001 N Lombardy St, Richmond, VA 23220

    $700,000
    1,200 sqft

    Tenant-occupied restaurant space near VCU and VUU.

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    Bakery/Coffee Shop with Apartment
    Bakery/Coffee Shop with Apartment

    402 N 2nd St, Richmond, VA

    $899,950
    2,700 sqft 0.04 AC lot

    Fully-equipped bakery/coffee shop with sidewalk seating, studio, and apartment.

    View details
    Mixed-Use Restaurant and Residential Building
    Mixed-Use Restaurant and Residential Building

    417 W Grace Street, Richmond, VA 23220

    $1,650,000
    6,132 sqft

    Renovated mixed-use property with NNN restaurant space and furnished-style residential interiors, positioned for steady tenant draw.

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    Mixed-Use Building Near VCU
    Mixed-Use Building Near VCU

    801 W Broad St, Richmond, VA 23220

    $2,350,000

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

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    Turnkey Baskin-Robbins Franchise Opportunity
    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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    Richmond Corner Lot Investment Opportunity
    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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    Historic Corner Mixed-Use Portfolio
    Historic Corner Mixed-Use Portfolio

    21 N 17th St, Richmond, VA 23219

    Contact for pricing
    13,565 sqft 0.26 AC lot

    Six-parcel mixed-use portfolio with highly visible ground-floor restaurant and retail plus flexible B-5 zoning.

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    Mixed-Use Building with Street-Level Retail
    Mixed-Use Building with Street-Level Retail

    1713 E Main St, Richmond, VA 23220

    $1,700,000

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

    View details
    Restaurant with Drive Thru
    Restaurant with Drive Thru

    5816 W Broad St, Richmond, VA

    Contact for pricing
    3,323 sqft 0.97 AC lot

    3,323 SF restaurant with drive-thru for sale.

    View details
    Mixed-Use Property Near VCU Campus
    Mixed-Use Property Near VCU Campus

    415 W Grace St, Richmond, VA

    Contact for pricing
    3,509 sqft 0.07 AC lot

    Mixed-use property with restaurant and apartment near VCU.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Richmond, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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 Opportunity in Tappahannock, VA
    Restaurant Opportunity in Tappahannock, VA

    618 Church Lane, Tappahannock, VA 22520

    $585,000
    2,226 sqft 0.36 AC lot

    Commercial property with established ice cream parlor and high traffic.

    View details
    Freestanding Retail Building with Rollups
    Freestanding Retail Building with Rollups

    618 Church Lane, Tappahannock, VA 22520

    $585,000
    2,226 sqft

    Freestanding retail building with high ceilings, covered outdoor seating, and two 14' rollup doors.

    View details
    Commercial Building with Restaurant Space
    Commercial Building with Restaurant Space

    2019 E Washington Street, Petersburg, VA 23803

    $379,000
    2,400 sqft

    2400 sq ft commercial building with restaurant and retail.

    View details
    Brewery Restaurant with Patio
    Brewery Restaurant with Patio

    235 N Market St, Petersburg, VA 23803

    Contact for pricing

    Restaurant and brewery setup includes interior and exterior seating with a rear group area and patio.

    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 Richmond Raceway
    Commercial Land Near Richmond Raceway

    510 Savannah Avenue, Henrico, VA 23222

    $120,000
    0.28 AC lot

    0.28 acre commercial lot near Richmond Raceway and Amazon.

    View details
    Commercial Lot Near Richmond Raceway
    Commercial Lot Near Richmond Raceway

    510 Savannah Avenue, Richmond, VA 23222

    $120,000
    0.28 AC lot

    Commercial lot available near Richmond Raceway and Amazon Robotics Center.

    View details
    Commercial Land Near Richmond Raceway
    Commercial Land Near Richmond Raceway

    513 Savannah Avenue, Richmond, VA 23222

    $60,000
    0.09 AC lot

    Commercial land available near Richmond Raceway and Amazon Robotics Center.

    View details
    Vacant Lot on 25th Street
    Vacant Lot on 25th Street

    1205 N 25th St, Richmond, VA 23223

    $165,000

    Vacant commercial lot in vibrant Church Hill neighborhood.

    View details

    Off-Market Properties in Richmond, VA

    Consider similar Off-Market properties in Richmond, 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.

    8340 Brk Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    8340 Brk Rd, Richmond, VA 23227-1106

    Value Estimation by Request
    3,095 sqft 0.77 AC lot
    View details
    1627 Main St
    RESTAURANT

    1627 Main St, Richmond, VA 23220-4632

    $1,065,000
    Estimated value
    4,040 sqft 0.06 AC lot
    View details
    5000 Broad St
    DRIVE-THRU RESTAURANT, FAST FOOD

    5000 Broad St, Richmond, VA 23230-3006

    $1,170,000
    Estimated value
    3,017 sqft 0.88 AC lot
    View details
    306 Libbie Ave
    RESTAURANT

    306 Libbie Ave, Richmond, VA 23226-2614

    Value Estimation by Request
    2,161 sqft 0.19 AC lot
    View details
    2220 Broad Rock Blvd
    RESTAURANT

    2220 Broad Rock Blvd, Richmond, VA 23224-4810

    Value Estimation by Request
    1,438 sqft 0.28 AC lot
    View details
    111 Grace St
    RESTAURANT

    111 Grace St, Richmond, VA 23219-1741

    $630,000
    Estimated value
    2,160 sqft 0.10 AC lot
    View details
    2601 Cary St
    RESTAURANT

    2601 Cary St, Richmond, VA 23220-5118

    Value Estimation by Request
    4,237 sqft 0.11 AC lot
    View details
    110 18th St
    RESTAURANT

    110 18th St, Richmond, VA 23223-6904

    Value Estimation by Request
    5,757 sqft 0.14 AC lot
    View details
    27 Belmont Ave
    RESTAURANT

    27 Belmont Ave, Richmond, VA 23221-3003

    Value Estimation by Request
    2,000 sqft 0.08 AC lot
    View details
    4100 Broad St
    DRIVE-THRU RESTAURANT, FAST FOOD

    4100 Broad St, Richmond, VA 23230-3302

    Value Estimation by Request
    1,997 sqft 0.27 AC lot
    View details

    Richmond, VA Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Richmond, VA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 32,011 square feet of properties for sale, with an estimated market value of $11,330,950.

    Sale prices for restaurant properties in Richmond, VA start at $695,000, averaging $1,618,707, and reaching up to $3,136,000 — 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 19
    Drive through restaurants 7
    Commercial kitchens 4
    Coffee shops 3
    Bars & Pubs 2

    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
    23224 $520K
    23225 $825K
    23220 $1.6M
    23230 $2.4M
    23235 $3.1M

    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)

    Property Size Breakdown

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

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    Most Searched ZIP Codes in Richmond, VA

    • 23220
    • 23219
    • 23225
    • 23230
    • 23235

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