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18928 Us Highway 58 Castlewood, VA 24224

For Sale
$550,000

Long-standing restaurant with additional office and residential income.

Lot size:
0.99 Acres

Property Features for 18928 Us Highway 58

General Information

Lot size
0.99 Acres

Source: Virginessee Real Estate Consultants Agent Fred McClellan

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


Overview

Established Restaurant with Income Potential

This property features a drive-in restaurant that has been in operation for nearly 60 years, establishing itself as a local landmark known for its food. The property spans 0.99 acres and includes four structures. The primary building is a fully equipped restaurant measuring 4,590 square feet. An additional 2,320-square-foot structure is currently leased for office use, providing rental income. A 1,792-square-foot manufactured doublewide home is also located on the property, offering potential for residential use or additional rental income. The fourth building is a smaller brick structure. The property is located in Castlewood, VA, on US Highway 58.
Insight Report Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store

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

Location Insight

  • Map
  • Local Demand
City
Castlewood
County
Russell
State
Virginia
Longitude
-82.3038894
Latitude
36.8790616

FAQs

What type of property is this?
Drive through restaurant - Long-standing restaurant with additional office and residential income.
Where is this drive through restaurant located?
The property is located at 18928 Us Highway 58 Castlewood, VA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: - Established drive-in restaurant with a 60-year operating history and landmark reputation.; - Fully equipped 4,590 sq/ft restaurant building included.; - Additional 2,320 sq/ft building currently leased for office use, providing immediate income.
More about this property
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