Restaurants

Virgilina, VA Restaurants for Sale

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Restaurant and Event Venue
Updated: Aug 22, 2023
Restaurant and Event Venue

8059 Florence Avenue, Virgilina, VA 24598

$150,000
3,108 sqft 0.84 AC lot
3,108‑square‑foot restaurant property on 0.843 acres
Dining area accommodates over 100 guests
1,200 Sq. Ft. bonus area currently used as a fitness studio
840 Sq. Ft. storage basement
45'x30' party deck with an outdoor stage
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Virgilina, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Mixed-Use Facility With Pool
Mixed-Use Facility With Pool

1201 W Danville Street, South Hill, VA 23970

$1,499,999
21,164 sqft 4.00 AC lot

Two-building facility combining dining, recreation, fitness, aquatic, meeting, and event spaces for varied commercial or community uses.

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Restaurant Building with Updated Systems
Restaurant Building with Updated Systems

104 W 2nd Street, Chase City, VA 23924

$600,000
2,400 sqft 0.49 AC lot

B2-zoned corner property with guest seating, updated building systems, and public utilities.

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Corner Restaurant Property
Corner Restaurant Property

104 W 2nd Street, Chase City, VA 23924

$600,000
0.49 AC lot

Established restaurant setting with updated building systems, guest seating, and dedicated on-site parking.

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Renovated Bar and Pub Building
Renovated Bar and Pub Building

115 N Mecklenburg Avenue, South Hill, VA 23970

$275,000
0.70 AC lot

Brick-and-block building with draft beer service, commercial kitchen equipment, furnishings, and public utilities.

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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.

Henderson, NC Land For Sale
Henderson, NC Land For Sale

Cardinal Drive, Henderson, NC 27536

$500,000
35.01 AC lot

35.01 acre commercial land parcel in Henderson, North Carolina.

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Commercial Land in Growing City
Commercial Land in Growing City

80 Cannady, Franklinton, NC 27525

$94,999
1.37 AC lot

Two commercial lots totaling 1.37 acres in Franklinton, NC.

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Highway Business Commercial Land
Highway Business Commercial Land

1495 Concord Church Road, Creedmoor, NC 27522

$369,900
1.05 AC lot

Clear, level vacant land with HB zoning and public water and sewer service in place.

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Virgilina, VA Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Virgilina, VA on our real estate platform. These investment opportunities span a total of 3,108 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for restaurant properties in Virgilina, VA average $150,000 — 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

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 1,267
Population Growth (5Y) -24.0%
Median Household Income $55,938
College Educated 21.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24598 $150K

Taxes & Financing

Tax Rate (average for all types) 0.50%
Property Tax per SF $10.52 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Halifax County

New Delisted

Total CRE Inventory on Market (SF)

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