434 Church Ave SW Roanoke, VA
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Historic building, state-of-the-art live music and restaurant venue.
Type:RETAIL
Property size:
7,633 SFLot size:
0.18 AcresPrice / SF:
$81/SF- Added:
- Jan 4, 2023
- Days on Market:
- 1214
- Last Refresh:
- Apr 5 at 10:27 pm
Property Features for 434 Church Ave SW
General Information
- Standard status
- Active
- Size
- 7,633 SF
- Lot size
- 0.18 Acres
- Property subtype
- RETAIL
Listing agent Matt Huff (540) 493-4970
Listing office Poe & Cronk Real Estate Group (540) 493-4970
Listing date Jan 4, 2023
Source Moodyscre
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 Group
Overview
Turn-Key Historic Music Venue
The Roanoke column stage presents a prime investment opportunity. This turn-key historic building, originally a community hall with an approximate maximum occupancy of 200, was converted to a night club with a 427 occupancy in 2018. It functions as a state-of-the-art live music and restaurant venue, operationally ready to begin business immediately. The property has been substantially upgraded to meet all codes, including ADA, sprinkler, fire, safety, and electrical standards. It provides an excellent platform for a combination live music and restaurant venture. The property is equipped with new, professional sound and light systems, furniture, and kitchen appliances, including new hoods. The current name, logo, signage, and website design may be kept. The property is currently being leased and will be leased through 11/30/2021. The property features high ceilings and a completely renovated kitchen. The proposed sale would be a cash sale, with the buyer obtaining financing from an appropriate financing institution. The seller would agree to a 1031 exchange transaction if proposed. The property size is 7633 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Tajzmahs Lounge
Bar & Pub
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Salem
- State
- Virginia
- Longitude
- -79.95
- Latitude
- 37.2702
Nearby Similar for Sale
FAQs
What type of property is this?
Turn key restaurant - Historic building, state-of-the-art live music and restaurant venue.
Where is this turn key restaurant located?
The property is located at 434 Church Ave SW Roanoke, VA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Turn‑key, state‑of‑the‑art live music and restaurant venue, operationally ready to begin business immediately.; Historic building with a high occupancy (427) night club permit.; Substantially upgraded to meet all codes (ADA, sprinkler, fire, safety, electrical, etc.).
