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    Roanoke, VA
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    Roanoke, VA Restaurants for Sale

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    Vinton, VA Salem, VA Cave Spring, VA Hollins, VA Hardy, VA Cloverdale, VA Boones Mill, VA Troutville, VA
    11 properties
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    Mixed-Use Property with Multiple Structures
    Updated: Apr 7
    Mixed-Use Property with Multiple Structures

    5851&5877 Cloverdale Rd, Roanoke, VA 24019

    $650,000
    2.30 AC lot
    2.3‑acre mixed‑use property with multiple buildings and structures
    Improvements constructed in 1950
    Block construction with an aluminum‑sided house
    Previously used as a restaurant, florist, sign shop, and leather shop
    Public water and public sewer
    View details
    Freestanding Arby’s Restaurant Site
    Updated: Apr 7
    Freestanding Arby’s Restaurant Site

    5442 Williamson Rd, Roanoke, VA 24012

    $1,286,000
    3,026 sqft 0.74 AC lot
    Freestanding Arby’s restaurant on a 0.74‑acre parcel in Roanoke, VA, offered in existing condition
    3,026 SF building built in 1980
    Restaurant site offered with 100% occupancy
    Located along Williamson Road
    View details
    Historic Roanoke Retail/Restaurant Opportunity
    Historic Roanoke Retail/Restaurant Opportunity

    19 Salem Ave SE |, Roanoke, VA 24011

    $779,000
    4,000 sqft

    Renovated 4,000 SF property in Roanoke's historic market district.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Italian Restaurant Building with Patio
    Italian Restaurant Building with Patio

    674 Teresa Ln, Roanoke, VA 24019

    $850,000
    1,836 sqft 0.77 AC lot

    2022-built, fully equipped restaurant on a corner parcel with approved indoor seating and outdoor patio seating.

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    NNN-Leased Arby's Restaurant
    NNN-Leased Arby's Restaurant

    1401 Jamison Ave SE, Roanoke, VA 24013

    Contact for pricing
    2,820 sqft 0.66 AC lot

    Absolute NNN lease with a corporate-guaranteed tenant provides long-term income backed by scheduled rent growth.

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    Three-Lot Commercial Land
    Three-Lot Commercial Land

    4026 Melrose Ave Nw, Roanoke, VA 24017

    $1,500,000

    Three-lot offering with parking and reported traffic moving in both directions each hour.

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    Historic Restaurant Property
    Historic Restaurant Property

    2905 Shenandoah Ave NW, Roanoke, VA 24017

    Contact for pricing
    3,408 sqft 0.15 AC lot

    Built in 1940, this restaurant property offers 3,408 sq ft for dining and kitchen operations on a 0.1519-acre lot.

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    Absolute NNN Leased Restaurant
    Absolute NNN Leased Restaurant

    7111 Williamson Rd, Roanoke, VA 24019

    Contact for pricing

    Absolute NNN leased Wendy’s operated since 1984, with a recently extended lease and an additional five-year option.

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    Iconic Roadhouse Restaurant For Sale
    Iconic Roadhouse Restaurant For Sale

    2902 Brambleton Ave SW, Roanoke, VA 24015

    Contact for pricing
    3,912 sqft 0.31 AC lot

    Historic roadhouse restaurant with established reputation for food and music.

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    Freestanding Restaurant Property
    Freestanding Restaurant Property

    4060 Electric Rd, Roanoke, VA 24018

    Contact for pricing

    The site carries an absolute NNN lease and includes pole signage along Electric Road.

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    Restaurant Building on Corner Parcel
    Restaurant Building on Corner Parcel

    674 Teresa Ln, Roanoke, VA 24019

    Contact for pricing
    1,836 sqft 0.77 AC lot

    Fully equipped restaurant building constructed in 2022 with high sales.

    View details
    Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 11 Active listings in Roanoke, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 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.

    Former Restaurant on High-Traffic Site
    Former Restaurant on High-Traffic Site

    2775 Lee Highway |, Troutville, VA 24175

    $1,295,000
    5,396 sqft

    Former restaurant with redevelopment potential on a high-traffic site.

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    Restaurant with Event Capacity
    Restaurant with Event Capacity

    106 Stoney Battery Rd, Troutville, VA 24175

    $925,000
    1.24 AC lot

    Turn-key restaurant and bar with CO for 258 people, fully equipped commercial kitchen, and additional heated space for expansion.

    View details
    Brewery with Tap Room and Patio
    Brewery with Tap Room and Patio

    40 Brewery Dr, Hardy, VA 24101

    Contact for pricing
    8,900 sqft

    Commercial brewery setup with kitchen, office space, bar service, and upgraded wastewater infrastructure.

    View details
    Wendy’s Drive-Through Restaurant
    Wendy’s Drive-Through Restaurant

    12890 Booker T Washington Hwy, Hardy, VA 24101

    Contact for pricing

    Sale-leaseback offering backed by a franchisee with an established regional Wendy’s restaurant platform.

    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 Lot Near Lowe's Store
    Commercial Lot Near Lowe's Store

    4252 Summit St, Roanoke, VA 24018

    $211,300
    2.12 AC lot

    Commercial land for sale near a busy corridor.

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    Moneta, VA Commercial Land
    Moneta, VA Commercial Land

    Altice Rd, Moneta, VA 24121

    $150,000
    2.21 AC lot

    Commercial property in a growing community with many potential uses.

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    Commercial Land Parcel
    Commercial Land Parcel

    Celebration Ave lot: 12, Moneta, VA 24121

    $510,000
    0.14 AC lot

    Commercial land in Downtown Moneta Towncenter with public water and public sewer for future retail use.

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    Commercial Land Site With Two-Story Potential
    Commercial Land Site With Two-Story Potential

    CELEBRATION Ave lot: 8, Moneta, VA 24121

    $255,000
    0.07 AC lot

    A PCDI-zoned land parcel in Moneta with public water and public sewer and two-story potential for a retail-focused location.

    View details

    Off-Market Properties in Roanoke, VA

    Consider similar Off-Market properties in Roanoke, 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.

    4057 Electric Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    4057 Electric Rd, Roanoke, VA 24018-8442

    $855,000
    Estimated value
    3,226 sqft 0.88 AC lot
    View details
    7404 Williamson Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    7404 Williamson Rd, Roanoke, VA 24019-4239

    $800,000
    Estimated value
    4,014 sqft 0.84 AC lot
    View details
    5436 Williamson Rd
    RESTAURANT

    5436 Williamson Rd, Roanoke, VA 24012-1438

    $315,000
    Estimated value
    2,724 sqft 0.77 AC lot
    View details
    6498 Williamson Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    6498 Williamson Rd, Roanoke, VA 24019-4628

    $560,000
    Estimated value
    988 sqft 1.25 AC lot
    View details
    5933 Williamson Rd
    RESTAURANT

    5933 Williamson Rd, Roanoke, VA 24012-1243

    $155,000
    Estimated value
    3,070 sqft 1.21 AC lot
    View details
    7121 Williamson Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    7121 Williamson Rd, Roanoke, VA 24019-4232

    $1,880,000
    Estimated value
    3,384 sqft 0.96 AC lot
    View details
    5435 Williamson Rd
    RESTAURANT

    5435 Williamson Rd, Roanoke, VA 24012-1437

    $265,000
    Estimated value
    2,100 sqft 0.34 AC lot
    View details
    7924 Bent Mtn Rd
    RESTAURANT

    7924 Bent Mtn Rd, Roanoke, VA 24018-5725

    $190,000
    Estimated value
    1,890 sqft 0.25 AC lot
    View details
    4167 Electric Rd
    RESTAURANT

    4167 Electric Rd, Roanoke, VA 24018-8443

    $1,650,000
    Estimated value
    6,794 sqft 1.29 AC lot
    View details
    7416 Williamson Rd
    RESTAURANT

    7416 Williamson Rd, Roanoke, VA 24019-4239

    $300,000
    Estimated value
    7,000 sqft 1.56 AC lot
    View details
    5442 Williamson Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    5442 Williamson Rd, Roanoke, VA 24012-1438

    $1,610,000
    Estimated value
    2,506 sqft 0.86 AC lot
    View details
    4065 Electric Rd
    RESTAURANT

    4065 Electric Rd, Roanoke, VA 24018-8442

    $340,000
    Estimated value
    6,338 sqft 1.14 AC lot
    View details
    5480 Franklin SW Rd
    RESTAURANT

    5480 Franklin SW Rd, Roanoke, VA 24014-6660

    $225,000
    Estimated value
    2,236 sqft 0.15 AC lot
    View details

    Roanoke, VA Restaurants Market Trends and Statistics

    Explore 58 restaurants for sale in Roanoke, VA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 20,838 square feet of properties for sale, with an estimated market value of $5,065,000.

    Sale prices for restaurant properties in Roanoke, VA start at $650,000, averaging $1,013,000, and reaching up to $1,500,000 — 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 14
    Bars & Pubs 2
    Commercial kitchens 1

    Demographics Overview

    Population 171K
    Population Growth (5Y) +9.4%
    Median Household Income $66,063
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24019 $650K
    24011 $779K
    24012 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $16.57 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Roanoke fall within the Under 2,500 square foot range.

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    Most Searched ZIP Codes in Roanoke, VA

    • 24019
    • 24017
    • 24011
    • 24012
    • 24013
    • 24015

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