3608 E River Rd - Restaurant FOR SALE


South Chesterfield, VA 23803
$550,000 USD
804-878-2412
3608 E River Rd, South Chesterfield, VA for Sale
$550,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

3608 E River Rd
South Chesterfield, VA 23803


HIGHLIGHTS

  • Prime Location to Virginia State University
  • Established Business

OVERVIEW

Discover a thriving restaurant deli located within the vibrant Virginia State University community, operating successfully since 1990. This well-established business boasts an impressive annual SALES VOLUME of $760,000, making it a lucrative investment opportunity. Featuring a spacious covered outdoor seating area with dedicated parking spaces, this deli is perfectly positioned to attract both college students and local residents. The menu highlights diverse fast food options, including delicious wings, the Legendary Bull Burger and mouthwatering cheesesteaks, complemented by convenient delivery services. With its prime location near the college campus, this restaurant deli is not only a staple for the student body but also a beloved spot for the surrounding community. Don’t miss your chance to own a piece of this successful business! This sale includes both lots and the business as well as the storage sheds. Professional pictures being done next week! Please respectfully do NOT disturb business during operating hours! Showings for Sunday and Monday only. Great experienced, long term staff including 2 managers are currently in place. Owner will assist in transitioning to new owners. This is an excellent opportunity for a turn key business. Roof, siding, HVAC is less than 10 years old. All appliances convey as-is except the ice machine which is rented. Currently set up on Doordash and Grubhub. Buyer can explore options of expansion and later hours if desired (currently only open 5 days a week and only 9 hours per day). Currently operating in name as Ettrick Deli. Owner will convey name as well.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$526 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

1935

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,836 SF

ZONING

C3

APN/PARCEL ID

795-61-30-10-300-000,795-61-30-80-600-000

ASK ABOUT THIS PROPERTY

Tammy CraigReal Broker, LLCMore Info
804-878-2412

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

Tammy CraigReal Broker, LLCMore Info
804-878-2412

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