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Restaurant with Commercial Kitchen
For Sale
$300,000

113 Shaker Lane, Saltville, VA 24370

Commercial Sale, Saltville, VA

Property Size1,343 SF
Lot Size0.13 Acres
Price / SF$223.38
Days on Market231

Property Features for 113 Shaker Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Subdivision Not In Subdivision
Directions From I-81, take Chilhowie exit and follow 107 to Saltville. Turn left at the red light on to E Main. Bear left on to Palmer Ave, turn left on to Shaker Ln. Building is on the left, see sign.
Standard status Active
APN 28a7-5-60a 156930
Size 1,343 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 315

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1940
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Davenport Brothers Real Estate
Listed By: Cody Davenport
Added: Feb 12 Changed: Sep 7 Last Checked: Oct 1 at 7:06PM
MLS# 9991095

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,343-square-foot conventional restaurant occupies a 0.13-acre parcel in Saltville. The building dates to 1940 and has been remodeled inside and out, with fresh paint, updated fixtures, LED lighting, and energy-efficient heating and cooling. Interior features include a dining room, bar with seating, commercial kitchen, and three half baths, including one accessible restroom.

The property also includes several parking spaces and a rear refrigerator shed. Public water and public sewer serve the building, which has vinyl siding, a metal roof, electric heat, and wall-unit cooling. The sale includes the building, equipment, furnishings, operating business, and business name. B-2 zoning applies.

Key Highlights

  • 1,343 SF restaurant on a 0.13‑acre parcel
  • Dining room with bar and bar seating
  • Commercial kitchen with equipment and furnishings included

Property Analytics

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Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Dollar General Shops & Services
4,781 visits/mo 0.3 miles
SUBWAY Dining
1,473 visits/mo 0.2 miles
Truist Shops & Services
1,307 visits/mo 0.2 miles
Pizza Plus Dining
1,050 visits/mo 0.3 miles

Demographics for 24370, VA

5,832
Population
2,890
Households
2
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
151.7 sq mi
ZIP Area
38
Density / Sq Mi
$49,309
Median Household Income
$40,060
Median Earnings
$597
Median Rent
$100,700
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Remodeled dining property with bar seating, furnishings, equipment, and business included in the sale.
Where is this conventional restaurant located?
The property is located at 113 Shaker Lane Saltville, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,343 SF restaurant on a 0.13‑acre parcel; Dining room with bar and bar seating; Commercial kitchen with equipment and furnishings included
More about this property
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