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Property profile & analytics
OFF-MARKET
Commercial real estate

7643 Roanoke Rd Shawsville, VA 24162

2,980 SF 0.63 ac lot Built 1975
Entity Owned Free & Clear
Property ID
US87-1422073
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
HALES RESTAURANT INC
HALES RESTAURANT INC
Zoning & alternative use
GB · Shawsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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