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190 Lithia Rd Wytheville, VA 24382

Sponsored
For Sale
$985,000

6,064 SF Restaurant, $985,000

Property size:
6,064 SF

Description

Added:
Feb 11, 2025
Days on Market:
334
This exceptional restaurant property, located at 190 Lithia Rd in Wytheville, Virginia, presents a compelling investment opportunity. The 6,064 square foot building sits on a 1.26-acre lot and is zoned B. Its strategic location within the I-81/I-77 Crossroads development corridor places it among numerous established restaurant and hotel brands, ensuring high visibility and accessibility. The property boasts a Wythe County assessment of $1,312,800, significantly exceeding the asking price of $985,000. This presents a strong potential return on investment. The current lease rate stands at $18.00 per square foot per year. The property's size, location, and existing infrastructure make it ideal for a variety of restaurant concepts or potential redevelopment. The 24382 zip code offers a thriving community and convenient access to major transportation routes. This turnkey operation is ready for a new owner to capitalize on its prime location and strong market presence. Serious inquiries are encouraged to explore this lucrative opportunity in the heart of Wytheville's vibrant commercial sector. The property is well-suited for an established restaurant or a new venture seeking a high-traffic location.

Property Features for 190 Lithia Rd

General Information

Property type
Restaurants
Square Feet
6,064 SF

HighLights

  • $985,000 asking price.
  • 6,064 square foot retail restaurant.
  • Located at 190 Lithia Rd, Wytheville, VA 24382.
  • Situated on 1.26 acres with B zoning.
  • Wythe County assessed value of $1,312,800.
  • Prime location in I‑81/I‑77 Crossroads development corridor.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Pharmacy Auto Parts Store Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Wytheville
County
Wythe
State
Virginia
Longitude
-81.0560783
Latitude
36.9488808

FAQs

What type of property is this?
Restaurant - 6,064 SF Restaurant, $985,000
Where is this restaurant located?
The property is located at 190 Lithia Rd Wytheville, VA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: $985,000 asking price.; 6,064 square foot retail restaurant.; Located at 190 Lithia Rd, Wytheville, VA 24382.
More about this property
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