Building Details

Year built 1985

Listing Agency: The Pointe Realty Group (Littleton) Show Phone

Listed By: J.C. Eldreth · License #250526 Show Phone

Added: Aug 22, 2023 Changed: Aug 20 Last Checked: Aug 22 at 3:06PM

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MLS# 133286

Copyright © 2026 Roanoke Valley Lake Gaston Board 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 3,108-square-foot restaurant property, built in 1985, combines food-service space with entertainment and secondary-use areas. The dining room accommodates more than 100 guests, while a 1,200 Sq. Ft. bonus room is currently configured as a fitness studio. Interior partitions can be adjusted, and an 840 Sq. Ft. storage basement adds support space. An indoor stage and a second stage on the 45'x30' party deck support event-oriented operations.

The property sits on 0.843 acres at 8059 Florence Avenue in Virgilina, Virginia. Street parking is supplemented by an overflow grass area along the side street. The stated zoning supports a broad range of commercial activities, including grilling, landscaping sales, small engine repair, storage building and carport sales, used vehicle sales and repairs, and farm equipment uses.

Key Highlights

• 3,108‑square‑foot restaurant property on 0.843 acres
• Dining area accommodates over 100 guests
• 1,200 Sq. Ft. bonus area currently used as a fitness studio

Property Analytics

Property Profile

Current Use

Gatrell's Inc Bar & Pub Hunt Brothers Pizza Restaurant Town of Virgilina City Government Office

Suggested Use

Top Pick Plumbing Service Auto Repair Shop (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24

Businesses Nearby

4k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Family Dollar Shops & Services

4,212 visits/mo 0.2 miles

Demographics for 24598, VA

1,785

Population

916

Households

1.9

Avg Household Size

49

Median Age

18%

College-Educated

81%

High-School Grad

74.0 sq mi

ZIP Area

24

Density / Sq Mi

$55,938

Median Household Income

$34,000

Median Earnings

$1,366

Median Rent

$154,000

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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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Established commercial property with a large dining room, studio area, outdoor deck, and performance stages.

Where is this conventional restaurant located?

The property is located at 8059 Florence Avenue Virgilina, VA.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: 3,108‑square‑foot restaurant property on 0.843 acres; Dining area accommodates over 100 guests; 1,200 Sq. Ft. bonus area currently used as a fitness studio