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Property profile & analytics
FOR SALE
Turn key restaurants

74 Rowe Rd Staunton, VA 24401

12,991 SF 0.62 ac lot Built 1954
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US87-3325042
Property summary
AI-generated overview

This exceptional commercial property at 74 Rowe Rd, Staunton, VA, presents a unique investment opportunity. The 12,657 square foot building sits on a 0.62-acre lot, offering prime visibility and convenient access to I-81. Currently operating as a successful restaurant, the property includes expansive dining space, a separate apartment, and ample storage. All furnishings, fixtures, and equipment are included in the $2,950,000 sale price, allowing for immediate operation or rebranding. The strategic location amongst hotels and other retailers ensures high foot traffic and visibility. The existing restaurant operation provides a strong foundation for continued success, with the potential for expansion into catering services. This turnkey operation offers a rare chance to acquire an established business with significant upside potential. The property's versatility allows for various uses beyond its current configuration. Interested parties should contact the listing agent for detailed financial information. Please refrain from visiting the property without prior authorization.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1954
Total area 12,991 SF
Lot 0.62 ac (27,007 SF)
Zoning code GENERAL BUSINESS
APN 056D1 1 19A
UPID US87-3325042
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mrs. Rowe's Family Restaurant & Catering Restaurant
  • Mrs Rowe's Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
Digrassie Four LLC · 20 yrs held
Digrassie Four LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
GENERAL BUSINESS · Staunton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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