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Restaurant with Equipped Kitchen
New
For Sale
$865,000

1003 S Jefferson, Roanoke, VA 24016

A furnished dining room and installed kitchen equipment are in place for restaurant use.

Property Size2,662 SF
Days on Market3

Property Features for 1003 S Jefferson

General Information

Standard status Active
Size 2,662 SF
Property subtype Retail

Additional Details

Furnished Yes
Highway Access Yes
Equipment Included Yes

Building Details

Building Size 2,662 SF
Year Built 1940
Listing Agency: Poe & Cronk Real Estate
Listed By: Richard Wellford, CCIM · License #0225077598
Source: Poecronk
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 7:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Poe & Cronk Real Estate

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Investment Insights

Based on property information with market context.

This restaurant property includes a fully equipped kitchen and a furnished dining room. The building was constructed in 1940 and is located at 1003 S. Jefferson in Roanoke, Virginia.

Carilion hospital and ROVA are directly across the street. Downtown is within walking distance, and the property is less than 1/2 mile from I-581 exits.

Key Highlights

  • Fully equipped kitchen and furnished dining room
  • Across the street from Carilion hospital and ROVA
  • Less than 1/2 mile from I‑581 exits

Property Analytics

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Current Use

Our Daily Bread ... Restaurant

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Nail Salon Furniture & Home Goods Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,209
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24016, VA

9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A furnished dining room and installed kitchen equipment are in place for restaurant use.
Where is this conventional restaurant located?
The property is located at 1003 S Jefferson Roanoke, VA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Fully equipped kitchen and furnished dining room; Across the street from Carilion hospital and ROVA; Less than 1/2 mile from I‑581 exits
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