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Freestanding Restaurant with Drive-Through
For Sale
Contact for pricing
Pending

4017 Wards Rd, Lynchburg, VA 24502

Two entrances, full vehicle circulation, and flexible restaurant or retail reuse support multiple operating concepts.

Property Size3,056 SF
Days on Market141

Property Features for 4017 Wards Rd

General Information

Standard status Pending
Size 3,056 SF
Total Parking Spaces 33
Property subtype Retail
Occupancy 100%

Site & Location

Drive-Thru Yes
Traffic Count 40,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Restaurant

Seating Capacity 102
Grease Trap Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Gentry Commercial Real Estate Inc
Listed By: Christopher Gentry, SIOR · License #VA 0225033997
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 10:29PM

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 Gentry Commercial Real Estate Inc

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes an approximately 3,056-square-foot building on just under 1 acre. The layout accommodates 102 seats and a drive-through with a bypass lane, while two entrances provide full circulation across the site. Infrastructure includes 3ph, 120/208V 1200A electrical service and a 3,000-gallon grease trap. The building is currently owner-occupied and can be adapted for other restaurant concepts or retail use.

The property sits along Wards Road in the Lynchburg MSA, beside the intersection of U.S. 29 and U.S. 460, where traffic exceeds 40,000 vehicles per day. Surrounding commercial context includes Liberty University, hotels, big-box retailers, restaurants, a regional mall, and the regional airport. Nearby businesses include Golden Corral, Chick-Fil-A, Aspen Dental, Drayer Physical Therapy, Hilton Garden Inn, and Homewood Suites. On-site parking is provided by 33 spaces.

Key Highlights

  • Freestanding +/- 3,056sf building on just under 1 acre
  • Drive‑through with bypass lane, two entrances, and full site circulation
  • Traffic count of over 40,000 VPD at U.S. 29 and U.S. 460

Property Analytics

Current Use

Hill City Pub Nightclub

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Electrical Service Hair Salon Big Box & Wholesale Store HVAC Service

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

40,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
128k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 94% Hotels & Casinos 6%
Chick-fil-A Dining
56,518 visits/mo 0.2 miles
Olive Garden Dining
24,100 visits/mo 0.2 miles
Golden Corral Dining
17,914 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
17,483 visits/mo 0.1 miles
Homewood Suites Hotels & Casinos
4,196 visits/mo 0.1 miles

Demographics for 24502, VA

41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
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 - Two entrances, full vehicle circulation, and flexible restaurant or retail reuse support multiple operating concepts.
Where is this conventional restaurant located?
The property is located at 4017 Wards Rd Lynchburg, VA.
What are key features of this property?
This property features: Freestanding +/- 3,056sf building on just under 1 acre; Drive‑through with bypass lane, two entrances, and full site circulation; Traffic count of over 40,000 VPD at U.S. 29 and U.S. 460
More about this property
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