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: Aug 7 Last Checked: Aug 16 at 4:06AM

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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.

The property is a 2,400-square-foot conventional restaurant building on 0.9217 acres, originally built in 1968. The interior provides seating for 26, two bathrooms for customers, and a separate employee bathroom. The sale includes restaurant fixtures and equipment such as a gas grill, two freezers, a walk-in cooler, dishwasher, deep fryer, wet chemical extinguisher system, cookware, dishes, booths, tables, and chairs.

Located at 4507 Claudville Highway in Claudville, Virginia, the property offers an established restaurant layout with the principal equipment already in place. The building previously operated as a restaurant, providing a physical setup for continued restaurant use.

Key Highlights

• 2,400 square feet on 0.9217 acres
• Seating capacity of 26
• Includes walk‑in cooler, two freezers, dishwasher, deep fryer, and gas grill

Property Analytics

Property Profile

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

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Existing restaurant improvements include seating, customer restrooms, an employee bathroom, and a broad inventory of operating equipment.

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 feet on 0.9217 acres; Seating capacity of 26; Includes walk‑in cooler, two freezers, dishwasher, deep fryer, and gas grill