Restaurant and Retail Corner
For Sale
Contact for pricing
7786 Fancy Gap Hwy, Fancy Gap, VA 24328
Freestanding restaurant property with existing infrastructure and strong gateway access at a major Southwest Virginia intersection.
Property Size2,630 SF
Price / SF$148.10
Days on Market54
Property Features for 7786 Fancy Gap Hwy
General Information
Standard status
Active
Size
2,630 SF
Property subtype
Mixed Use, Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
1950
Listing Agency:
Kyle Realty, Inc.
Listed By:
Trena Nichols
Source:
Crexi
Added: Jun 13
Changed: Jul 10
Last Checked: Aug 5 at 6:16AM
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 Kyle Realty, Inc.
Investment Insights
Based on property information with market context.
This property is a for-sale restaurant and retail site featuring existing restaurant infrastructure designed for food service operations. The property size is approximately 2,630 square feet, and it is offered with a long record of restaurant use, with the option to reposition to other retail or convenience-oriented concepts.
The location is described as a highly recognizable gateway in Southwest Virginia at the intersection of US 52 and the Blue Ridge Parkway, approximately one mile off I-77. The property is positioned to serve both travelers and local customers who stop in Fancy Gap for food, shopping, lodging, and fuel. The remarks also note that the area’s tourism and interstate connectivity are key to the site’s visibility and traffic pattern, with Mt. Airy, NC reportedly about 15 minutes away.
For buyers or operators, the existing restaurant setup can support continued food service, while the site’s storefront-style visibility and established traveler draw make it worth considering for retail shopping, grocery, or other compatible neighborhood convenience uses. This is a practical fit for anyone seeking a standalone operation at a well-known mountain-journey stop with proven restaurant infrastructure already in place.
The location is described as a highly recognizable gateway in Southwest Virginia at the intersection of US 52 and the Blue Ridge Parkway, approximately one mile off I-77. The property is positioned to serve both travelers and local customers who stop in Fancy Gap for food, shopping, lodging, and fuel. The remarks also note that the area’s tourism and interstate connectivity are key to the site’s visibility and traffic pattern, with Mt. Airy, NC reportedly about 15 minutes away.
For buyers or operators, the existing restaurant setup can support continued food service, while the site’s storefront-style visibility and established traveler draw make it worth considering for retail shopping, grocery, or other compatible neighborhood convenience uses. This is a practical fit for anyone seeking a standalone operation at a well-known mountain-journey stop with proven restaurant infrastructure already in place.
Key Highlights
- Freestanding restaurant property with existing infrastructure and decades of operating history
- Located at the intersection of US 52 and the Blue Ridge Parkway
- Just 1 mile off I‑77
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Dining 38%
Marathon
Shops & Services
2,260 visits/mo
0.5 miles
Krispy Krunchy Chicken
Dining
1,362 visits/mo
0.5 miles
Demographics for 24328, VA
1,999
Population
1,551
Households
1.3
Avg Household Size
54
Median Age
27%
College-Educated
92%
High-School Grad
38.2 sq mi
ZIP Area
52
Density / Sq Mi
$54,286
Median Household Income
$41,944
Median Earnings
$541
Median Rent
$168,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with existing infrastructure and strong gateway access at a major Southwest Virginia intersection.
Where is this conventional restaurant located?
The property is located at 7786 Fancy Gap Hwy Fancy Gap, VA.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: Freestanding restaurant property with existing infrastructure and decades of operating history; Located at the intersection of US 52 and the Blue Ridge Parkway; Just 1 mile off I‑77
