3199 Frk Rd, Elliston, VA 24087
This 3,516 square foot restaurant located at 3199 Northfork Road, Elliston, VA 24087, presents a unique investment opportunity. Previously a successful Italian restaurant with seating for up to 72 guests, this turnkey establishment includes all business equipment. The property boasts a reliable standby generator and efficient propane heating, ensuring year-round operation. Situated on a 2.53-acre lot, the building offers a cozy yet spacious interior ideal for dining and events, complemented by stunning mountain views. Ample parking is available. Built in 1970, this property benefits from its established history as a beloved local eatery and offers significant potential for mixed-use development given the expansive lot size. The asking price is $349,900. Additional photos are forthcoming.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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