Established Roswell Restaurant
70 W Crossville Rd Roswell, GA 30075
70 W Crossville Rd, Roswell, GA, 30075
Contact for pricing
For Sale
Contact for pricing
Turnkey restaurant with authentic Tuscan cuisine and established reputation.
Property Size5,680 SF
Price / SF$422.53
Days on Market717
Property Features for 70 W Crossville Rd
General Information
- Standard status
- Active
- Size
- 5,680 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing Agency
Skyline Seven Real Estate
(404) 812-8927
Listed by
Elliott Kyle · License #GA 299687
Source
Crexi
Added: Aug 1, 2024 Checked: Jul 15 at 10:53 pm
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 Skyline Seven Real Estate
Investment Insights
Based on property information with market context.
Bellini Osteria Toscana is a distinguished dining destination known for its authentic Tuscan cuisine. The restaurant has received praise for its exceptional food quality and inviting atmosphere. Traditional Italian dishes are crafted by chefs brought in from Italy, ensuring an authentic culinary experience. Customers have lauded the restaurant for its attentive service and delightful ambiance, making it a favorite spot for both casual and special dining occasions. The location is ideal for a high quality Italian restaurant, and has been an established restaurant location for over 40 years. The interior has received a new renovation bringing the feel of Tuscany to this property. The surrounding area can support restaurants like this, with an average household income of $185,000 and with over 166,000 people living within 5 miles of the property. The property size is 5,680 square feet and is located in Roswell, GA.
Key Highlights
- Established restaurant location for over 40 years.
- Renowned for authentic Tuscan cuisine and exceptional food quality.
- High average household income ($185,000) in the surrounding area.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.9k | $23.04 |
| − Vacancy | −$9.2k | −$1.61 |
| EGI | $121.7k | $21.43 |
| − OpEx | −$30.4k | −$5.36 |
| NOI | $91.3k | $16.07 |
5,680 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,280 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,144 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bellini Osteria Toscana
Restaurant
CASA - The Chef Apprentice ...
Vocational School
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant with authentic Tuscan cuisine and established reputation.
Where is this conventional restaurant located?
The property is located at 70 W Crossville Rd Roswell, GA.
What is the asking price?
The asking price for this property is $2,399,988.
What are key features of this property?
This property features: Established restaurant location for over 40 years.; Renowned for authentic Tuscan cuisine and exceptional food quality.; High average household income ($185,000) in the surrounding area.
