18928 US Highway 58 - Restaurant FOR SALE


Castlewood, VA 24224
$550,000 USD
276-492-3839
18928 US Highway 58, Castlewood, VA for Sale
$550,000 USD
Restaurant - FOR SALE
1/1
null | 2.2% Cap Rate

18928 US Highway 58
Castlewood, VA 24224


HIGHLIGHTS

  • Drive Thru
  • 2,320 sq/ft and is leased for office use

OVERVIEW

For nearly 60 years this drive-in restaurant has been in business serving the public with a reputation as a landmark destination for good food. The property is .99 acre with 4 structures on it. The primary building is the restaurant that is fully equipped and is 4,590 sq/ft. Another structure is 2,320 sq/ft and is leased for office use. A third building is a 1,792 sq/ft manufactured doublewide home that could also be for use or rental income. The fourth building is a smaller brick building. Please contact the listing broker for any questions, more information, and to schedule a property showing.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

2.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

156LILE3337

ASK ABOUT THIS PROPERTY

Fred McClellan, CCIMVirginessee Real Estate ConsultantsMore Info
276-492-3839

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Fred McClellan, CCIMVirginessee Real Estate ConsultantsMore Info
276-492-3839

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