Building Details

Building Size 3,516 SF

Year Built 1970

Listing Agency: Lyons Team Realtors - Cburg

Listed By: Joey Lyons · License #0225098678 Show Phone

Source: Giesencaldwell

Added: Oct 30, 2024 Changed: Oct 23 Last Checked: Oct 23 at 5:40PM

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Investment Insights

Based on property information with market context.

This restaurant property was built in 1970 and includes business equipment, a standby generator, and propane heating. Its seating approval accommodates up to 72 guests, and the property offers mountain views and on-site parking.

The site comprises over 2.5 acres and is zoned Residential 3. The property is located at 3199 Northfork Road in Elliston, Virginia.

Key Highlights

• Approved seating capacity of up to 72
• Over 2.5 acres
• Business equipment included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Restaurant

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

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24087, VA

3,604

Population

1,911

Households

1.9

Avg Household Size

43

Median Age

12%

College-Educated

92%

High-School Grad

45.7 sq mi

ZIP Area

79

Density / Sq Mi

$42,631

Median Household Income

$36,398

Median Earnings

$1,044

Median Rent

$140,500

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

Frequently Asked Questions

What type of property is this?

Conventional restaurant - The dining property includes business equipment, a standby generator, and propane heating.

Where is this conventional restaurant located?

The property is located at 3199 Northfork Road Elliston, VA.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Approved seating capacity of up to 72; Over 2.5 acres; Business equipment included