2849 Main st - Restaurant FOR SALE


Hot Springs, VA 24445
$2,240,000 USD
540-520-3085
2849 Main st, Hot Springs, VA for Sale
$2,240,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

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2849 Main st
Hot Springs, VA 24445


HIGHLIGHTS

  • Prime Location: Across from the $150M-renovated Omni Homestead Resort
  • Turnkey Infrastructure: Includes a fully equipped professional kitchen, bar, dining room, walk-in refrigeration, and full service systems
  • Licensed Branding Rights: Free license to use all Sam Snead memorabilia and theming, creating immediate brand equity and differentiation.
  • Historical Tourism Corridor: Situated in a high-demand, low-supply hospitality zone with limited competition and consistent foot traffic.

OVERVIEW

Presented exclusively for sale by Stephen Pendergrass and Matt Huff of Poe & Cronk Real Estate Group - Sam Snead's Tavern is an exceptional opportunity to acquire a fully operational and historically branded restaurant located in the heart of Virginia’s Allegheny Highlands tourism corridor. This investment-ready asset is positioned for immediate ROI and long-term growth in one of the state’s most stable, year-round destination markets. Nestled in the picturesque Allegheny Mountains, Sam Snead’s Tavern at 2843 Main Street, Hot Springs, VA, stands as a tribute to the timeless charm and elegance of Southern hospitality. Located directly across the street from the newly renovated, iconic Omni Homestead Resort, the Tavern blends heritage, flavor, and tradition in one unforgettable destination.

FOR SALE DETAILS

PRICE

$2,240,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sam Snead's Tavern

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

-

APN/PARCEL ID

83-5

ASK ABOUT THIS PROPERTY

Stephen Pendergrass, CCIM, SIORPoe & Cronk Real Estate GroupMore Info
540-520-3085

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Stephen Pendergrass, CCIM, SIORPoe & Cronk Real Estate GroupMore Info
540-520-3085

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.