34 Broadview AveWarrenton, VA 20186

Property Details for 34 Broadview Ave

Year built

1974

Lot size

0.84 AC

Property size (Sq ft)

3,347 SF

Zone code

COMMERCIAL/GENERAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

6984-05-3458

APU

6984053458

Description

This exceptional 3,457-square-foot restaurant space presents a rare opportunity in the thriving Warrenton, VA market. Located at 34 Broadview Ave, this property boasts a highly desirable location at a signalized intersection of Broadview Avenue and Route 211, experiencing a significant daily traffic count of 32,525 vehicles. The entire building, totaling 3,457 square feet, is currently available for lease. Built in 1974 and extensively renovated in 2018, the property sits on a sizable 0.84-acre lot, offering ample space and potential for outdoor seating or additional development. The property includes a valuable drive-thru feature, enhancing operational efficiency and customer convenience. Annual property taxes are $3.83 per square foot. This turnkey restaurant space is ideally suited for a variety of culinary concepts, capitalizing on the high visibility and substantial traffic flow of this prime Warrenton location. The property's recent renovation ensures modern amenities and a move-in ready condition. Don't miss this chance to establish your business in a vibrant and growing community. The property is zoned for restaurant use.

• CAP approach

  CAP return

  Valuation

  6%

  $1,171,032

  6.5%

  $1,080,952

  7%

  $1,003,742

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,686,382

  Geo Method

  $1,686,382

• Alternative Use

  Use

  Valuation

  Residential

  $911,824

  Hospitality

  $835,226

  Educational

  $694,898

  Medical

  $718,797

  Retail

  $1,080,952

Location Insight

City

Warrenton

County

Fauquier

State

Virginia

Latitude

38.7186

Longitude

-77.808

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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