2775 Lee Hwy - Restaurant FOR SALE


Troutville, VA 24175
$1,295,000 USD
540-353-5344
2775 Lee Hwy, Troutville, VA for Sale
$1,295,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

2775 Lee Hwy
Troutville, VA 24175


HIGHLIGHTS

  • At the crossroads of Interstate 81 (Exit 150), Route 220 (Cloverdale Road), and Route 11 (Lee Highway)

OVERVIEW

Jacob Quesinberry at Poe & Cronk Real Estate Group presents an exciting opportunity for a commercial site at one of the most visible and dynamic intersections in the Roanoke region. Located at 2775 Lee Highway in Troutville, this location offers unmatched exposure with a high-rise pylon sign and redevelopment potential on 1.4+ acres at the crossroads of Interstate 81 (Exit 150), Route 220 (Cloverdale Road), and Route 11 (Lee Highway) — a major traffic artery serving local residents, commuters, and travelers alike. Adjacent parcel is also available for sale creating a prime redevelopment site combined at 2+ acres. Existing building will accommodate the addition of a drive-thru or pickup window without compromising the expansive parking. Restaurant equipment and furnishings available. Property is also available FOR LEASE.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Exit 150 Retail Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

B-2

APN/PARCEL ID

101-142

ASK ABOUT THIS PROPERTY

Jacob QuesinberryPoe & Cronk Real Estate GroupMore Info
540-353-5344

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Jacob QuesinberryPoe & Cronk Real Estate GroupMore Info
540-353-5344

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