Building Details

Year built 1968

Floors in Building 1

Listing Agency: Warren Rodgers Realty Show Phone

Listed By: Warren Rodgers Show Phone

Added: Nov 15, 2023 Changed: Sep 4 Last Checked: Sep 11 at 2:06PM

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MLS# 140950

Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,400-square-foot restaurant building occupies 0.9217 acres and was constructed in 1968. The dining area provides seating for 26, with two customer bathrooms and a separate bathroom for employees. Booths, tables, chairs, and other dining furnishings are included.

The kitchen is equipped with a gas grill, two freezers, a walk-in cooler, dishwasher, deep fryer, pots, pans, dishes, and a wet chemical extinguisher system. Located at 4507 Claudville Highway in Claudville, Virginia, the property includes the primary equipment and interior components associated with restaurant operations.

Key Highlights

• 2,400‑square‑foot restaurant building on 0.9217 acres
• 26‑seat dining area with booths, tables, and chairs
• Two customer bathrooms plus one employee bathroom

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Hotel & Motel

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24089, VA

2,388

Population

1,285

Households

1.9

Avg Household Size

47

Median Age

7%

College-Educated

85%

High-School Grad

12.3 sq mi

ZIP Area

194

Density / Sq Mi

$42,900

Median Household Income

$45,574

Median Earnings

$709

Median Rent

$85,500

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Includes commercial kitchen equipment, dining furnishings, and separate customer and employee restrooms.

Where is this conventional restaurant located?

The property is located at 4507 Claudville Highway Claudville, VA.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: 2,400‑square‑foot restaurant building on 0.9217 acres; 26‑seat dining area with booths, tables, and chairs; Two customer bathrooms plus one employee bathroom