2775 Lee HwyTroutville, VA 24175

Property Details for 2775 Lee Hwy

Lot size

1.59 AC

Zone code

B-2

Property type

Other commercial real estate

APN

101-142

APU

101142

Description

This exceptional 5,396 square foot retail storefront, located at 2775 Lee Hwy in Troutville, Virginia (zip code 24175), presents a unique opportunity. Situated on a 1.399-acre lot at the intersection of Route 11 and Route 220, this single-tenant property boasts a prominent location along Interstate 81, Exit 150. The property has a rich history as a successful casual dining restaurant for over 40 years, offering flexibility for a drive-thru addition. Large pylon signs ensure high visibility from all approaching roadways. The property is currently vacant and available for lease. An adjacent parcel is also available for sale, creating a potential 2.2+ acre redevelopment site. Restaurant equipment and furnishings may be available for purchase separately. This property is also available for sale at $1,099,000. The property is in Botetourt County, within the Roanoke submarket and Troutville submarket cluster.

• Alternative Use

  Use

  Valuation

  Residential

  $8,675,664

  Hospitality

  $7,946,862

  Educational

  $6,611,696

  Medical

  $6,839,082

  Retail

  $10,284,860

Location Insight

City

Troutville

County

Botetourt

State

Virginia

Latitude

37.3872

Longitude

-79.9038

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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