Property profile

74 Rowe Rd Staunton, VA 24401

FOR SALE
Turn key restaurants
Property ID
US87-3325042
12,991 SF 0.62 ac lot Built 1954
Entity Owned 20-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Restaurant
  • Take-out & Catering Catering Service

Location

74 Rowe Rd Staunton, VA 24401
Staunton metro Census 70602 STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA
Google Maps

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

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

GENERAL BUSINESS · Staunton, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message