ESTATE SALE- Welcome to Reedville Market, a Virginia Northern Neck landmark restaurant. This c 1900 waterfront building is situated on Cockrell Creek, just off the Rappahannock River at the Reedville Water Tower. This premier property is beautifully maintained and provides a memorable dining experience. The seller inherited this property from his father, who bought it to keep it open and running when the original owner died. Download the Property Information Package for recent appraisal, floor plan, FF&E list, and more. Financials are available with signed Confidentiality/Non-Disclosure Agreement. TURNKEY OPERATION- Fully renovated during the COVID shutdown, a million dollars was invested. 90% of the kitchen equipment is NEW, and the building has a new roof, systems and other renovations and upgrades. There’s a new dock with 10 boat slips. Come check out the property this weekend - have dinner.
ESTATE AUCTION- Welcome to Reedville Market, a Virginia Northern Neck landmark restaurant. This c 1900 waterfront building is situated on Cockrell Creek, just off the Rappahannock River at the Reedville Water Tower. This premier property is beautifully maintained and provides a memorable dining experience. The seller inherited this property from his father, who bought it to keep it open and running when the original owner died. Download the Property Information Package for recent appraisal, floor plan, FF&E list, and more. Financials are available with signed Confidentiality/Non-Disclosure Agreement. TURNKEY OPERATION- Fully renovated during the COVID shutdown, a million dollars was invested. 90% of the kitchen equipment is NEW, and the building has a new roof, systems and other renovations and upgrades. There’s a new dock with 10 boat slips. Come check out the property this weekend - have dinner. This is an online auction.
Start making rental income immediately this multi-use building has (4) rental incomes in one and is fully rented make money the day you purchase with a(3) bedroom (1) bath apartment and a smaller studio style apartment on the 2nd story but that’s not all the 1st level has a fully in operation hot food full service deli and the other side is a full service convenience store with Virgina ABC off license this is the only store in Reedville. This is a FANTASTIC OPPORTUNITY to own your own commercial building near the Chesapeake Bay! Exciting Commercial Property Opportunity Near Chesapeake Bay! Don't miss out on this fantastic chance to own a versatile commercial building situated just minutes from the beautiful Chesapeake Bay! This property presents a wealth of possibilities for entrepreneurs looking to tap into the thriving local market. Key Features: - Prime Location: Located in an area frequented by residents and visitors alike, this building is the first stop for many along their daily routes. It is perfectly positioned to serve the community’s needs. - Diverse Business Potential: Whether you're interested in opening a retail store for fishing, crabbing, kayaking, camping gear, swimwear, or home decor, or even a convenience store, this space can accommodate it all! The area is ripe for a restaurant, particularly one that offers breakfast, lunch, and dinner to complement the existing dining options. - Restaurant Success: The previous owner successfully operated a pizzeria, indicating a strong market demand for food options in the area. Imagine the possibilities of featuring delicious desserts and other dishes from a local chef eager to partner with you! - Current Income Stream: The property includes a convenience store, a deli/restaurant, and two upstairs apartments generating approximately $5,000 in monthly rent. The apartments consist of a cozy efficiency and a spacious 3-bedroom unit, providing additional income potential. - Recent Upgrades: The property has been updated under new ownership, including the installation of a new $10,000 dual oven with four burners and a 24" flattop in the restaurant. The convenience store is equipped with beverage coolers, shelving, a cash register, and more—all included in the sale! This commercial building offers a unique blend of retail and food service opportunities, making it an ideal investment for anyone looking to capitalize on the bustling Chesapeake Bay area. The options are endless; let your imagination run wild! Contact the listing agent today to schedule a viewing and explore how this property can become your next successful venture! (Zoning is B-1 Business)
Reedville is located in Virginia. Reedville, Virginia has a population of 2,002. Reedville is less family-centric than the surrounding county with 11.98% of the households containing married families with children. The county average for households married with children is 12.69%.
The median household income in Reedville, Virginia is $75,172. The median household income for the surrounding county is $61,291 compared to the national median of $69,021. The median age of people living in Reedville is 59.8 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 28.8 degrees. The average rainfall is approximately 47 inches per year, with 6.4 inches of snow per year.
