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    1104 W Virginia Ave Crewe, VA 23930

    Pending
    For Sale
    $150,000

    Restaurant - Crewe, VA

    Property size:
    650 SF
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1104 W Virginia Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Parking features
    Off Street, Parking Lot
    Size
    650 SF

    Utilities

    Heating system
    See Remarks (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Building materials
    Frame
    Roof type
    Rubber
    Architectural style
    Other

    Lee Simmons Signature Realty

    Listing agent Lee Simmons (434) 298-6646

    Listing date Oct 23, 2025

    MLS# 52059 Listing URL

    Copyright © 2025 South Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant on Route 460

    This turn-key restaurant is located on a busy section of Route 460 in Crewe, Virginia. The restaurant has a long-standing reputation for fresh food. The menu includes subs, salads, hand-pattied burgers, and ice cream, milkshakes, and sundaes. The location on Route 460 benefits from a traffic count of approximately 10,000 cars per day, with a speed limit of 35 mph. Several businesses and state facilities are located within a 2-mile radius, providing a customer base. The restaurant is currently operating from 10:30 AM to 5 PM Tuesday through Friday, and from 3 PM to 7 PM on Saturday. It is closed on Sunday and Monday, presenting an opportunity to expand business by extending operating hours. The property size is 650 square feet. This restaurant provides an opportunity for a new owner to step into a successful business or make it their own.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luigi's Place Fast Food Restaurant

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crewe
    County
    Nottoway
    State
    Virginia
    Longitude
    -78.136214
    Latitude
    37.1841991

    Nearby Similar for Sale

    • $50,000
      Pending

      Crewe, VA Warehouse Opportunity

      Warehouse and vacant land available in Crewe, Virginia.
      510 Carter St, Crewe, VA 23930
      View Details

    FAQs

    What type of property is this?
    Restaurant - Successful restaurant venture on a busy route in Crewe, VA.
    Where is this restaurant located?
    The property is located at 1104 W Virginia Ave Crewe, VA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Successful, turn-key restaurant business with established reputation.; - High-traffic location on Route 460, seeing approximately 10,000 cars daily.; - Strong customer base from nearby businesses and state facilities.
    (434) 298-6646
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1104 W Virginia Ave Crewe, VA 23930
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