674 Teresa - Retail FOR SALE


Roanoke, VA 24019
$945,000 USD
434-841-5551
674 Teresa, Roanoke, VA for Sale
$945,000 USD
Retail - FOR SALE
1/20
null | Request Cap Rate

674 Teresa
Roanoke, VA 24019


HIGHLIGHTS

  • Corner location with high traffic count
  • Great visibility
  • New construction in a rapidly growing area
  • Established business with great reputation in the area and excellent sales history
  • Paved parking lot and on-street parking

OVERVIEW

1,836sf restaurant building on 0.77ac corner parcel. Building was constructed in 2022 and is in excellent condition. Fully equipped restaurant with all equipment and fixtures to convey. Currently operating as an Italian restaurant with very high sales volume. Approved for 94 seats as well as outdoor patio seating. Two ADA bathrooms. Property is served by public water, sewer, natural gas, and high-speed internet. 400A 3-phase electrical service. Two 5-ton HVAC units and one 4-ton unit, all gas units with central A/C. Water softener, grease trap, 16’ hood, captive air system, tankless gas water heater, 6’x8’ walk-in cooler. 23 on-site parking spaces and on-street parking, Curbside pick-up window. Corner location with high traffic count on a heavily traveled corridor in a rapidly growing area. Current owner has a long-standing restaurant reputation in the area and will consider allowing the continued use of the restaurant name subject to further conditions. Full equipment list and historical sales data are available to qualified prospects upon execution of a confidentiality agreement. Virtual tour available upon request.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$515 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey Restaurant Opportunity

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

CROSS STREETS

Read Mountain Road

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

B-2

APN/PARCEL ID

107(12)B

ASK ABOUT THIS PROPERTY

Christopher Gentry, SIORGentry Commercial Real Estate, Inc.More Info
434-841-5551

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Christopher Gentry, SIORGentry Commercial Real Estate, Inc.More Info
434-841-5551

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