674 Teresa LnRoanoke, VA 24019

Property Details for 674 Teresa Ln

Lot size

0.78 AC

Property type

Other commercial real estate

APN

107(12)B

APU

10712B

Description

This exceptional 1,836 square foot restaurant, built in 2022, is situated on a desirable 0.77-acre corner lot in Roanoke, VA. Boasting a prime location with high traffic counts in a rapidly developing area, this fully equipped establishment is ready for immediate operation. The current owner, with a strong local reputation, is willing to negotiate the continued use of the established restaurant name under specific conditions. The property features 94 approved indoor seats, plus additional outdoor patio seating, ensuring ample capacity. Two ADA-compliant bathrooms cater to all patrons. Infrastructure includes public water, sewer, natural gas, and high-speed internet access, along with a robust 400A 3-phase electrical system. Climate control is handled by three gas HVAC units (two 5-ton and one 4-ton), all with central air conditioning. The kitchen is fully equipped with a 16-foot hood, captive air system, tankless gas water heater, a 6'x8' walk-in cooler, grease trap, and water softener. Parking is readily available with 23 on-site spaces supplemented by on-street parking. Detailed equipment lists and comprehensive sales data are available to qualified buyers under a confidentiality agreement. A virtual tour is also available for prospective purchasers. This is a truly turnkey opportunity for a discerning buyer looking to capitalize on a thriving business in a vibrant location.

• Alternative Use

  Use

  Valuation

  Residential

  $4,250,304

  Hospitality

  $3,893,256

  Educational

  $3,239,143

  Medical

  $3,350,542

  Retail

  $5,038,668

Location Insight

City

Roanoke

County

Botetourt

State

Virginia

Latitude

37.3527

Longitude

-79.8864

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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