Freestanding Restaurant with
For Sale
$357,142
1706 Virginia Avenue, Martinsville, VA 24112
Freestanding fast food restaurant with drive-thru in a retail corridor.
Property Size2,048 SF
Lot Size0.46 Acres
Price / SF$174.39
Days on Market141
Property Features for 1706 Virginia Avenue
General Information
Standard status
Active
Size
2,048 SF
Lot size
0.46 Acres
Property subtype
Retail
Listing Agency:
CBRE | Greensboro
(804) 201-2014
Listed By:
Ian Webster
(804) 201-2014
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 16 at 1:52AM
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 CBRE | Greensboro
Investment Insights
Based on property information with market context.
This freestanding fast food restaurant with a drive-thru is centrally located between Collinsville and Martinsville, Virginia. The property is situated near the intersection of Virginia Avenue/Business US 220 N and English Road, offering convenient access to Commonwealth Boulevard. Nearby retailers include Lowe’s Home Improvement, Walmart, and ALDI. The building, constructed in 1975, has a total area of approximately 2,048 square feet and is positioned on a site of approximately 0.46 acres. The zoning is B1 Commercial. The property has a road frontage of 93 feet and benefits from traffic counts of 16,000 vehicles per day. There is signage opportunity available. The parcel ID is 20862. The property is located on a heavily trafficked retail corridor.
Key Highlights
- High Traffic Location: 16,000 VPD on a heavily trafficked retail corridor.
- Drive‑Thru: Freestanding fast food restaurant with drive‑thru.
- Prime Location: Centrally located between Collinsville and Martinsville, Virginia.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 41%
Hotels & Casinos 11%
Bojangles' Famous Chicken 'n Biscuits
Dining
14,654 visits/mo
0.3 miles
Circle K
Shops & Services
8,158 visits/mo
0.2 miles
Riverside Pawn
Shops & Services
1,705 visits/mo
0.2 miles
Family Eye Center
Shops & Services
1,491 visits/mo
0.3 miles
Econo Lodge
Hotels & Casinos
1,343 visits/mo
0.2 miles
Demographics for 24112, VA
30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding fast food restaurant with drive-thru in a retail corridor.
Where is this drive through restaurant located?
The property is located at 1706 Virginia Avenue Martinsville, VA.
What is the asking price?
The asking price for this property is $357,142.
What are key features of this property?
This property features: High Traffic Location: 16,000 VPD on a heavily trafficked retail corridor.; Drive‑Thru: Freestanding fast food restaurant with drive‑thru.; Prime Location: Centrally located between Collinsville and Martinsville, Virginia.
