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Freestanding Restaurant Building
New
For Sale
$5,000,000

23496 WELCOME WAY DRIVE, Ruther Glen, VA 22546

Freestanding restaurant building with direct interstate access and an adjacent hotel offering truck and trailer parking.

Property Size7,766 SF
Price / SF$643.83
Days on Market6

Property Features for 23496 WELCOME WAY DRIVE

General Information

Standard status Active
Size 7,766 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Land Use commercial

Building Details

Year Built 1973
Buildings 1
Listing Agency: United Real Estate Premier
Listed By: Jennifer Gombo · License #0225242553
Source: Cummingsrealtors
Added: Aug 27 Changed: Aug 31 Last Checked: Aug 31 at 2:19PM

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 United Real Estate Premier

Investment Insights

Based on property information with market context.

This freestanding restaurant property contains 7,766 SF and was built in 1973. The building occupies a commercial pad within a larger 8+ acre parcel that also includes a hotel, restaurant pad, and communications tower income. Its location provides access from I-95 Exit 104 through Rogers Clark Blvd (Route 207).

The property is immediately next to the 120-room Quality Inn & Suites, which provides dedicated truck and trailer parking with 24/7 access. Additional nearby truck-oriented amenities include Flying J, Love's, and Blue Beacon Truck Wash, while Arby's, Taco Bell, McDonald's, and Waffle House provide nearby quick-service dining. Kings Dominion is approximately 5 minutes away, and the future Kalahari Resorts & Conventions Virginia location in Spotsylvania/Thornburg is approximately 20 minutes south. An adjoining parcel includes a Verizon communications lease.

Key Highlights

  • 7,766 SF freestanding restaurant building built in 1973
  • Located on a commercial pad within a larger 8+ acre parcel
  • Access to I‑95 Exit 104 via Rogers Clark Blvd (Route 207)

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Furniture & Home Goods Building Supply Computer & Electronic Repair Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby
Well-served
Demand for This Use

Demographics for 22546, VA

17,757
Population
7,086
Households
2.5
Avg Household Size
38
Median Age
24%
College-Educated
90%
High-School Grad
163.8 sq mi
ZIP Area
108
Density / Sq Mi
$89,097
Median Household Income
$47,535
Median Earnings
$1,532
Median Rent
$279,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant building with direct interstate access and an adjacent hotel offering truck and trailer parking.
Where is this conventional restaurant located?
The property is located at 23496 WELCOME WAY DRIVE Ruther Glen, VA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 7,766 SF freestanding restaurant building built in 1973; Located on a commercial pad within a larger 8+ acre parcel; Access to I‑95 Exit 104 via Rogers Clark Blvd (Route 207)
More about this property
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