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    2902 Brambleton Ave Roanoke, VA 24015

    Sponsored
    For Sale
    $1,975,000

    Historic Restaurant, 3912 SF, $1.975M

    Property size:
    3,912 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity presents a rare chance to acquire a piece of Roanoke history. The Coffee Pot, a 3,912 square foot establishment built in 1936, is listed on both the National Register of Historic Places and the Virginia Landmarks Register. Situated on a 0.31-acre lot at 2902 Brambleton Ave SW, Roanoke, VA 24015, this iconic roadhouse boasts a rich legacy of serving delicious food and hosting renowned musical acts. The asking price is $1,975,000, translating to $504.86 per square foot. This turnkey operation offers a unique blend of historical significance and established clientele, presenting a compelling investment opportunity for discerning buyers seeking a well-known and profitable business in a desirable location. The property's prime location and historical significance provide a strong foundation for continued success and potential for growth. This is a truly exceptional opportunity to own a piece of Roanoke's vibrant culinary and musical heritage. The property's size and established reputation make it an attractive investment for those seeking a well-established business with significant potential.

    Property Features for 2902 Brambleton Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,912 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1936

    HighLights

    • $1,975,000 asking price for this 3,912 SF restaurant.
    • Located at 2902 Brambleton Ave SW, Roanoke, VA 24015.
    • 0.31‑acre lot.
    • Built in 1936, this restaurant is listed on the National Register of Historic Places and the Virginia Landmarks Register.
    • Price per square foot is $504.86.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coffee Pot American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.991188331076
    Latitude
    37.243479365046

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    FAQs

    What type of property is this?
    Restaurant - Historic Restaurant, 3912 SF, $1.975M
    Where is this restaurant located?
    The property is located at 2902 Brambleton Ave Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: $1,975,000 asking price for this 3,912 SF restaurant.; Located at 2902 Brambleton Ave SW, Roanoke, VA 24015.; 0.31-acre lot.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2902 Brambleton Ave Roanoke, VA 24015
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