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    1040 Main St, Unit Altavista Altavista, VA 24517

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    For Sale
    $399,000

    Newly renovated drive-thru restaurant or retail space in Altavista, VA.

    Property size:
    2 SF

    Property Features for 1040 Main St

    General Information

    Size
    2 SF

    Building Details

    Year built
    1993

    Source: Ricky Read Agent Ricky Read

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Drive-Thru Restaurant For Sale

    This newly renovated building is located at a signalized intersection in Altavista, Virginia. Suited for restaurant or retail use, the property is situated at the high-traffic corner of Main Street and Lola Avenue, across from a CVS and in close proximity to various other businesses. The property is currently leased through October 31, 2025. The building is suitable for drive-through restaurant or retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cousin Boogy’s American Restaurant KFC Chicken Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Altavista
    County
    Campbell
    State
    Virginia
    Longitude
    -79.2800483
    Latitude
    37.1160666

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    FAQs

    What type of property is this?
    Drive through restaurant - Newly renovated drive-thru restaurant or retail space in Altavista, VA.
    Where is this drive through restaurant located?
    The property is located at 1040 Main St, Unit Altavista Altavista, VA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Newly renovated drive-thru restaurant ideal for restaurant or retail.; - Located at a high-traffic, signalized intersection of Main St. and Lola Ave.; - Currently leased through October 31, 2025.
    (434) 455-2285
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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
    1040 Main St, Unit Altavista Altavista, VA 24517
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