15220 Kings Hwy - Restaurant FOR SALE


Montross, VA 22520
$395,000 USD
703-867-3350
15220 Kings Hwy, Montross, VA for Sale
$395,000 USD
Restaurant - FOR SALE
1/47
null | Request Cap Rate

15220 Kings Hwy
Montross, VA 22520


HIGHLIGHTS

  • 15220 Kings Highway presents a second-generation restaurant building with prominent pylon signage, a commercial kitchen, and in & outside seating.
  • Serving the scenic Northern Neck community of Montross, VA, which has a 5-mile median income just shy of $44,000.
  • There is a surrounding 5-mile population surpassing 4,600 local residents.
  • The restaurant is directly off Kings Highway/ US 3 for premier visibility as it serves as the major thoroughfare along the Maryland/ Virginia border.

OVERVIEW

Discover a fantastic investment opportunity in the heart of Virginia's Northern Neck. This turnkey roadside family restaurant, located at the town limits of Montross, offers everything you need to step right into a successful dining experience. With 1,674 square feet of well-designed space on a generous 1.83-acre lot, this restaurant can comfortably accommodate over 50 guests. Enjoy both inside and outside dining with ample patio and deck seating, inviting patrons to relax and enjoy their al fresco. Built in 1991, this is ready for its next chapter. Whether you're a seasoned restaurateur or an aspiring entrepreneur, take advantage of this rare opportunity to own a visible restaurant in a picturesque community. For added convenience, the property features multiple dining areas that can be adapted for various uses, such as private dining or event hosting. The back office and staff restroom provide functional space for your team, while the HVAC system and mini-splits ensure a comfortable environment year-round. Designed with accessibility in mind, the restaurant includes a handicap ramp. The private parking lot features 24 dedicated spaces, making visiting easy for guests. This restaurant has an exhaust hood and grill, grease trap, cold and dry storage, and a service counter, making it a chef's dream. All furniture, fixtures, and equipment are included, ensuring a seamless transition for new owners. Don’t miss out on the chance to create lasting memories for families in the Northern Neck! Schedule your private showing today and take the first step toward owning this incredible dining destination. Please do not disturb the operating business. The property is zoned B1 (Town). The rear lot line touches a private cul-de-sac. Development, rezoning, and subdivision questions should be researched by the prospective purchaser with the Town of Montross Owner willing to hold seller financing on up to $150,000 in a first trust position.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

Business

APN/PARCEL ID

33-33

ASK ABOUT THIS PROPERTY

Ed Martin, CCIMKW CommercialMore Info
703-867-3350

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Ed Martin, CCIMKW CommercialMore Info
703-867-3350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.