Restaurant Building on Corner
For Sale
Contact for pricing
674 Teresa Ln, Roanoke, VA 24019
Fully equipped restaurant building constructed in 2022 with high sales.
Property Size1,836 SF
Lot Size0.77 Acres
Price / SF$433.01
Days on Market1246
Property Features for 674 Teresa Ln
General Information
Standard status
Active
Size
1,836 SF
Lot size
0.77 Acres
Property subtype
Retail
Zoning
B2- Business
Building Details
Year Built
2022
Buildings
1
Stories
1
Units
1
Listing Agency:
Gentry Commercial Real Estate Inc
Listed By:
Christopher Gentry, SIOR · License #VA 0225033997
Source:
Crexi
Added: Mar 30, 2023
Changed: Aug 20
Last Checked: Aug 25 at 8:50AM
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 Gentry Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
This 1,836 square-foot restaurant building, constructed in 2022, is situated on a 0.77-acre corner parcel and is in excellent condition. The fully equipped restaurant includes all equipment and fixtures. Currently operating as an Italian restaurant with a high sales volume, it is approved for 94 seats, with additional outdoor patio seating. The property features two ADA bathrooms and is served by public water, sewer, natural gas, and high-speed internet. It has a 400A 3-phase electrical service, two 5-ton HVAC units and one 4-ton unit, all gas units with central A/C, a water softener, grease trap, 16’ hood, captive air system, tankless gas water heater, and a 6’x8’ walk-in cooler. There are 23 on-site parking spaces and on-street parking, along with a curbside pick-up window. The corner location benefits from a high traffic count on a heavily traveled corridor in a rapidly growing area. The current owner, who has a long-standing restaurant reputation in the area, will consider allowing the continued use of the restaurant name subject to further conditions.
Key Highlights
- Fully equipped, recently built (2022) restaurant in excellent condition, ready for immediate operation.
- High sales volume Italian restaurant with existing customer base (historical sales data available).
- Approved for 94 seats plus outdoor patio seating and curbside pick‑up window.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
10,934 visits/mo
0.1 miles
Demographics for 24019, VA
27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant building constructed in 2022 with high sales.
Where is this conventional restaurant located?
The property is located at 674 Teresa Ln Roanoke, VA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Fully equipped, recently built (2022) restaurant in excellent condition, ready for immediate operation.; High sales volume Italian restaurant with existing customer base (historical sales data available).; Approved for 94 seats plus outdoor patio seating and curbside pick‑up window.
