Former Restaurant on High-Traffic
For Sale
$1,295,000
2775 Lee Highway, Troutville, VA 24175
Former restaurant with redevelopment potential on a high-traffic site.
Property Size5,396 SF
Price / SF$239.99
Days on Market331
Property Features for 2775 Lee Highway
General Information
Standard status
Active
Size
5,396 SF
Property subtype
Retail
Listing Agency:
Poe & Cronk Real Estate Group
(540) 353-5344
Listed By:
Jacob Quesinberry, SIOR · License #0225193464
(540) 353-5344
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Jul 6
Last Checked: Aug 21 at 5:52AM
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 Poe & Cronk Real Estate Group
Investment Insights
Based on property information with market context.
This former Country Cookin property, with a 40+ year history as a successful retail location for a casual dining restaurant, is available for sale. The property is situated on a high-traffic site located along Interstate 81 at Exit 150, at the intersection of Route 220 and Route 11. Large pylon signs are visible from all routes. An adjacent parcel is also available for sale, creating a prime redevelopment site combined at 2.2+ acres. The existing 5396 square foot building will accommodate the addition of a drive-thru or pickup window without compromising the expansive parking. The property is located at Interstate 81 off Exit 150 at the intersection of Route 220 (Cloverdale Road) and Route 11 (Lee Highway). Restaurant equipment and furnishings can be available at an additional cost. The property is also available for lease at $15.00/SF/YR NNN.
Key Highlights
- High traffic location visible from Interstate 81 (Exit 150), Route 220, and Route 11.
- Former Country Cookin property with a 40+ year history of successful retail restaurant use.
- Large pylon signs visible from all routes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
149k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 38%
Hotels & Casinos 2%
McDonald's
Dining
32,015 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
31,036 visits/mo
0.5 miles
Circle K
Shops & Services
21,680 visits/mo
0.1 miles
Dodge's Southern Style
Shops & Services
20,500 visits/mo
0.2 miles
Hardee's
Dining
13,147 visits/mo
0.2 miles
Demographics for 24175, VA
8,165
Population
3,540
Households
2.3
Avg Household Size
47
Median Age
28%
College-Educated
96%
High-School Grad
80.4 sq mi
ZIP Area
102
Density / Sq Mi
$81,931
Median Household Income
$42,096
Median Earnings
$947
Median Rent
$274,300
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?
Restaurant - Former restaurant with redevelopment potential on a high-traffic site.
Where is this restaurant located?
The property is located at 2775 Lee Highway Troutville, VA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: High traffic location visible from Interstate 81 (Exit 150), Route 220, and Route 11.; Former Country Cookin property with a 40+ year history of successful retail restaurant use.; Large pylon signs visible from all routes.
