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5101 Center St
Williamsburg, VA 23188

$1,700,000 USD

Restaurant Condo For Sale  •  5,204 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 10,408 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 2005
  • Tenancy Multiple
  • Zoning MU MIXED U
30 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit A Retail 5,204 SF $1,700,000 USD
  • Unit Size: 5,204 SF
  • Condo Use: Retail
  • Price: $1,700,000 USD
  • Sale Type: Owner User
  • Price/SF: $326.67 USD
Description
Turn-key restaurant condo in the heart of New Town Williamsburg, available for sale or lease. 5,204 SF with full buildout, hood, bar, and finished dining room. Home to Center Street Grill for nearly 20 years. For sale with all FF&E included. For lease with a $190,000 FF&E buyout. Skip the 12-month buildout timeline and open in weeks instead of months. Ideal for an operator with a concept ready to go, or a continuation of food service at a proven Williamsburg address.

5,204 SF single-story commercial condo at 5101A Center Street, corner position with storefront glass on two sides. Built in 2005 as part of New Town, Williamsburg's mixed-use village anchored by New Town Cinemas, Trader Joe's, and surrounding residential, office, and retail. Walkable foot traffic, shared on-street and rear parking, MU zoning permitting restaurant, retail, and service uses. Fully operational restaurant layout with hood, walk-ins, full bar, and dining room in above-average condition.

Sale Notes
Two ways to take this space. Purchase the condo with all furniture, fixtures, and equipment included, giving a buyer real estate plus a fully equipped restaurant. Or lease the space and purchase the FF&E separately for $190,000, preserving capital for working capital, marketing, and concept launch. Either path delivers a restaurant ready to operate, not a shell requiring buildout. HOA fee applies.

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Williamsburg Amtrak Station (Northeast Regional - Amtrak) 7 min - 2.5 mi
AirportDriveWalkDistance
Newport News/Williamsburg International 33 min - 20.8 mi
Nathan Hughes, CBI, CCIM 804-464-3898 Sperity Real Estate Ventures
Nathan Hughes, CBI, CCIM 804-464-3898 Sperity Real Estate Ventures