Restaurants

Richmond, VA Restaurants for Sale

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Henrico, VA Mechanicsville, VA Glen Allen, VA Chesterfield, VA Highland Springs, VA Sandston, VA Midlothian, VA Ashland, VA
13 properties
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Two-Story Mixed-Use Property
Updated: May 21, 2024
Two-Story Mixed-Use Property

801 W Broad Street, Richmond, VA 23220

$2,109,000
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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Established Seafood Restaurant
Updated: Aug 19
Established Seafood Restaurant

8902 Broad St W, Richmond, VA 23294

$175,900
4,200 sqft
4,200‑square‑foot restaurant property at 8902 Broad St W, Richmond, VA 23294
Restaurant operations have continued since 2013
Fully equipped kitchen with dedicated dining area
Full‑service bar offering beer, wine, and specialty cocktails
Existing seafood boil concept with crab legs, shrimp, crawfish, and oysters
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Move-In Ready Restaurant with Patio
Move-In Ready Restaurant with Patio

618 N 1st St, Richmond, VA 23219

$675,000
2,667 sqft

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

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See hot listings in Richmond

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Freestanding Building in Willow Lawn
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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Renovated Mixed-Use Storefront Building
Renovated Mixed-Use Storefront Building

2523 W Main St, Richmond, VA 23220

$775,000
2,394 sqft

Commercial frontage and a two-bedroom apartment combine in a renovated building within Richmond’s Historic Fan District.

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Corner Mixed-Use VCU Opportunity
Corner Mixed-Use VCU Opportunity

801 W Broad St, Richmond, VA 23220

$2,109,000
6,400 sqft

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

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Freestanding Storefront Retail Building
Freestanding Storefront Retail Building

2200 E LABURNUM AVE, Richmond, VA 23222

Contact for pricing
3,025 sqft

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

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Functional Warehouse with Fenced Yard
Functional Warehouse with Fenced Yard

321 West 7th Street, Richmond, VA 23224

Contact for pricing
16,800 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 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.

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Restaurant Investment Opportunity
Restaurant Investment Opportunity

1001 N Lombardy St, Richmond, VA 23220

Contact for pricing
1,200 sqft

Tenant-occupied restaurant space near VCU and VUU.

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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.

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

11450 Midlothian Turnpike, Richmond, VA 23235

Contact for pricing
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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Equipped Restaurant with Patio
Equipped Restaurant with Patio

7 N 17th St |, Richmond, VA 23219

Contact for pricing

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

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Richmond, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

Freestanding Restaurant on Major Boulevard
Freestanding Restaurant on Major Boulevard

2005 LAFAYETTE BOULEVARD, Fredericksburg, VA 22401

$1,400,000
1,456 sqft 0.47 AC lot

Freestanding restaurant property on Lafayette Boulevard with strong daily drive-by exposure and CT zoning for flexible commercial use.

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Freestanding Restaurant Building
Freestanding Restaurant Building

23496 WELCOME WAY DRIVE, Ruther Glen, VA 22546

$5,000,000
7,766 sqft

Freestanding restaurant building with direct interstate access and an adjacent hotel offering truck and trailer parking.

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Three-Tenant Shopping Center
Three-Tenant Shopping Center

5420 Southpoint Plaza Way, Fredericksburg, VA 22407

Contact for pricing
7,758 sqft

C-3-zoned retail center with established restaurant tenancy and full occupancy.

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Gas Station With Deli
Gas Station With Deli

20236 FROG LEVEL Road, Ruther Glen, VA 22546

$438,000
1.71 AC lot

Operating convenience retail property with a deli, parking lot, and an accompanying two-bedroom trailer.

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 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.

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Land For Sale, Richmond, VA
Land For Sale, Richmond, VA

5317 EDGEWOOD Avenue, Richmond, VA 23227

Contact for pricing
0.13 AC lot

Commercial land available in Richmond, zoned C-1.

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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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Land For Sale
Land For Sale

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

Contact for pricing

Land available for sale.

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

Estimated value: by Request
3,095 sqft 0.77 AC lot
View details
1627 Main St
RESTAURANT

1627 Main St, Richmond, VA 23220-4632

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

5000 Broad St, Richmond, VA 23230-3006

Estimated value:
$1,280,000
3,017 sqft 0.88 AC lot
View details
306 Libbie Ave
RESTAURANT

306 Libbie Ave, Richmond, VA 23226-2614

Estimated value: by Request
2,161 sqft 0.19 AC lot
View details
2220 Broad Rock Blvd
RESTAURANT

2220 Broad Rock Blvd, Richmond, VA 23224-4810

Estimated value:
$200,000
1,438 sqft 0.28 AC lot
View details
111 Grace St
RESTAURANT

111 Grace St, Richmond, VA 23219-1741

Estimated value:
$525,000
2,160 sqft 0.10 AC lot
View details
2601 Cary St
RESTAURANT

2601 Cary St, Richmond, VA 23220-5118

Estimated value:
$235,000
4,237 sqft 0.11 AC lot
View details
110 18th St
RESTAURANT

110 18th St, Richmond, VA 23223-6904

Estimated value: by Request
5,757 sqft 0.14 AC lot
View details
27 Belmont Ave
RESTAURANT

27 Belmont Ave, Richmond, VA 23221-3003

Estimated value:
$195,000
2,000 sqft 0.08 AC lot
View details
4100 Broad St
DRIVE-THRU RESTAURANT, FAST FOOD

4100 Broad St, Richmond, VA 23230-3302

Estimated value:
$200,000
1,997 sqft 0.27 AC lot
View details
3205 Richmond Hwy
DRIVE-THRU RESTAURANT, FAST FOOD

3205 Richmond Hwy, Richmond, VA 23234-2129

Estimated value:
$65,000
1,554 sqft 0.27 AC lot
View details

Richmond, VA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Richmond, VA, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 52,209 square feet of properties for sale, with an estimated market value of $10,143,900.

Sale prices for restaurant properties in Richmond, VA start at $175,900, averaging $1,449,128, and reaching up to $2,400,000 — 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

Conventional restaurants 23
Drive through restaurants 6
Commercial kitchens 4
Bars & Pubs 2
Coffee shops 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
23294 $175.9K
23219 $675K
23220 $1.3M
23225 $1.9M
23230 $2.4M

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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