16092 W Colonial Trail Hwy - Restaurant FOR SALE


Crewe, VA 23930
$1,700,000 USD
804-928-7444
16092 W Colonial Trail Hwy, Crewe, VA for Sale
$1,700,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

NEW


16092 W Colonial Trail Hwy
Crewe, VA 23930


HIGHLIGHTS

  • Fully equipped restaurant with banquet hall and patio
  • Recent upgrades include new roof, HVAC, and FF&E
  • Located in outparcel of renovated motel with built-in traffic
  • Includes 14 fully occupied self-storage units
  • Positioned on highway with 8,800 vehicles per day

OVERVIEW

Positioned along a well-traveled corridor in Crewe, Virginia, this unique offering at 16092 W. Colonial Trail Highway combines a fully equipped restaurant with a stabilized self-storage income stream. The restaurant is turn-key and ready for immediate operation, featuring a full bar, banquet hall, and outdoor patio. Recent capital improvements include a new roof, HVAC system, and updated furniture, fixtures, and equipment, minimizing upfront investment for a new operator. The property sits as an outparcel to a recently renovated motel, offering built-in visibility and potential cross-traffic. With 8,800 vehicles passing daily on W. Colonial Trail Highway and proximity to local landmarks such as the Crewe Railroad Museum and Crewe Primary School, the site benefits from consistent exposure and community engagement. In addition to the restaurant, the property includes 14 adjacent self-storage units that are fully occupied, providing passive income with minimal landlord oversight. This dual-use configuration offers both operational upside and investment stability, making it ideal for owner-operators or investors seeking a hybrid asset. Demographics within a 10-mile radius show a population of nearly 14,000 with average household incomes exceeding $85,000, supporting both dining and storage demand. The property’s layout and location also allow for future expansion, including breakfast service or evening bar offerings.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C-1

APN/PARCEL ID

18A10 1 11

ASK ABOUT THIS PROPERTY

Hartley JordanCommonwealth Commercial PartnersMore Info
804-928-7444

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Hartley JordanCommonwealth Commercial PartnersMore Info
804-928-7444

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