Property profile

7643 Roanoke Rd Shawsville, VA 24162

FOR SALE
Commercial real estate
Property ID
US87-1422073
2,980 SF 0.63 ac lot Built 1975
Entity Owned Free & Clear
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Property summary

AI-generated overview

This well-established family restaurant in Shawsville, VA, is now available for purchase at a reduced price of $429,900. Boasting a prime location between Christiansburg and Salem, this business has enjoyed a long and successful history as a community favorite. The 0.63-acre lot provides ample space for the existing building and potential for future expansion. Detailed financial records showcasing excellent profit and loss numbers are available for qualified buyers. The current staff is experienced and knowledgeable, offering a smooth transition for a new owner should they choose to retain them. This represents a unique opportunity to acquire a thriving, turn-key business with a loyal customer base and strong potential for continued growth. The property's high visibility and convenient location make it an ideal investment for an experienced restaurateur or someone looking to enter the food service industry. Serious inquiries only. Financial information will be provided upon request and execution of a non-disclosure agreement. Don't miss this chance to own a piece of Shawsville's culinary history.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 2,980 SF
Lot 0.63 ac (27,356 SF)
Zoning code GB
APN 072- A 25
UPID US87-1422073

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7643 Roanoke Rd Shawsville, VA 24162
Shawsville metro Census 21400 BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

GB · Shawsville, 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
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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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