Grocery Store

New Castle, VA Grocery And Convenience Stores for Sale

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Troutville, VA Paint Bank, VA Catawba, VA Eagle Rock, VA Salem, VA Fincastle, VA Daleville, VA Roanoke, VA
Single-Tenant NNN Retail Property
Updated: Apr 24
Single-Tenant NNN Retail Property

22 Main St, New Castle, VA 24127

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8,050 sqft 0.50 AC lot
8,050‑square‑foot single‑tenant retail building
0.5‑acre lot fronting Main Street
NNN lease backed by a corporate guarantee
17 years of operating history at the location
±4,200 cars per day at Virginia State Route 43 and Route 311
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Ground-Leased Corner Gas Retail Parcel
Ground-Leased Corner Gas Retail Parcel

7506 Williamson Rd, Roanoke, VA 24019

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6,000 sqft 2.62 AC lot

Signaled corner parcel with a 15-year absolute net ground lease and scheduled 10% increases beginning year 11.

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Motel and Convenience Store
Motel and Convenience Store

5383 W Main St, Salem, VA 24153

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9,985 sqft 5.64 AC lot

Motel with 14 keys plus an adjoining convenience store and gas, served by public water and private septic.

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Corner Retail Mixed-Use Property
Corner Retail Mixed-Use Property

1731 Melrose Ave NW, Roanoke, VA 24017

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Corner lot retail property with multiple existing businesses, separate electric, and off-street parking.

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Corner Storefront Property
Corner Storefront Property

1000 Electric Rd, Salem, VA 24153

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2,834 sqft

RB-zoned property at 1000 Electric Rd with a former convenience-store use.

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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.

Land Parcels Adjacent to Home Depot
Land Parcels Adjacent to Home Depot

3217 Hershberger Rd. |, Roanoke, VA 24017

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2.30 AC lot

Parcels near Home Depot suitable for retail and hospitality.

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New Castle, VA Grocery And Convenience Stores Market Trends and Statistics

Explore 1 grocery and convenience stores for sale in New Castle, VA on our real estate platform. These investment opportunities span a total of 8,050 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 1
Storefront properties 1

Demographics Overview

Population 4,184
Population Growth (5Y) +16.2%
Median Household Income $59,115
College Educated 21.3%

Taxes & Financing

Tax Rate (average for all types) 0.52%
Average Loan-to-Value 65.0%

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