3313 Old Forest Rd - Restaurant FOR SALE


Lynchburg, VA 24501
$400,000 USD
541-505-2282
3313 Old Forest Rd, Lynchburg, VA for Sale
$400,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

3313 Old Forest Rd
Lynchburg, VA 24501


HIGHLIGHTS

  • All restaurant equipment is available
  • Highly Visible
  • Established Brand with strong following
  • Fully equipped commercial kitchen
  • Ample parking
  • Strong area demographics and traffic

OVERVIEW

Outstanding opportunity to purchase both the real estate and operating business of The Yellow Submarine, a well-established, locally loved restaurant located in a high-traffic area of Lynchburg. Situated along Old Forest Road with paved walking access to Framatome (Nuclear energy facility), this fully operational restaurant features a proven location with excellent visibility, convenient access, and strong daily traffic counts. Sale includes the commercial building, all kitchen and dining equipment, furnishings, fixtures, and the business name with a loyal customer base. Ideal for an owner-operator, investor, or franchise conversion. Kitchen equipment includes Kegerator, Grills, Fryers, Two ground freezers, 3 door refrigerator, hood system (up to date), meat slicer, tables, chairs, bar stools, Tv's, etc. **New Ductless mini split installed on 6/21 (3 Ton Pioneer)** This freestanding building is configured for dine-in, takeout, and delivery operations and offers ample on-site parking. Whether you're looking to continue its current state or introduce a new brand, this is a truly turnkey investment with immediate income potential. Large outdoor area is perfect for games, seating, and additional entertainment. Full equipment list and historical sales data are available to qualified prospects upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$159 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

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

B3

APN/PARCEL ID

220-16-010

ASK ABOUT THIS PROPERTY

Shane QuarterleyGentry Commercial Real Estate, Inc.More Info
541-505-2282

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Shane QuarterleyGentry Commercial Real Estate, Inc.More Info
541-505-2282

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