Roanoke, VA- Fully renovated multi-use building with over 19K sq. ft.

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Asking Price:
$873,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

A renovated multi- use space current;y a restaurant for sale with opportunity for unlimited business ventures and zoned for commercial uses located near Roanoke, VA.
This business space is over 19,000 sq. feet and reaps the benefits of 2 currently leased spaces; generating more monthly income, as well as the ability to lease additional space on the third level. Currently, occupied by a fully operational and equipped restaurant that offers an occupancy of 258. The restaurant space is largely used for private parties, weddings, rehearsal dinners, live bands, murder mystery dinners, and has unlimited potential for future ventures such as a Brewery, Distillery or Winery just to name a few.

This property has ample parking as well as a location that allows for unlimited opportunities on 1.2490 acres of land. The entry level is 5,000 sq. ft.; featuring a large open space serving as the main dining room and an additional 2,320 sq. ft addition that serves as an open event room with a bar, the entire entry level has central HVAC. The upper level of the building is 5,000 sq. ft. of open space that has hardwood flooring with exposed beams. The lower level is utilized as storage and also offers a rental space with a finished bathroom and shower that currently holds an occupant. In addition, the business includes a 1,200 sq. foot commercial building that is also currently leased with a finished bathroom.

The location is part of the Roanoke Metropolitan statistical area, located in the southwestern portion of the state in the scenic Roanoke Valley of Virginia. Strategically located just off of Interstate 81 and approximately 20 miles to Interstate 64, accessible to the markets of the Mid-West and the East. This is a must see in an area that is booming with new companies bringing tourists worldwide to this location as well as easy access off of interstate I-81.

For more information about this exceptional business opportunity, please contact: Jenni Hushour, Broker - CMSBB
Email: jhushour@sunbeltnetwork.com
Phone: (540) 293-0340
Visit and like my facebook page at: https://www.facebook.com/jennihushourbroker

For more information on this business or any other business that you may be interested in, please contact Sunbelt Business Brokers of Roanoke and Lynchburg - United Country/Roanoke Realty & Auction located in Roanoke, VA. Contact information: 540-293-0340 or jhushour@sunbeltnetwork.com. View our company website at http://http://www.sunbeltnetwork.com/roanoke-va/. You can also like our Facebook page and receive periodic business listing updates. Our Facebook page is Sunbelt Business Brokers of Roanoke and Lynchburg - https://www.facebook.com/sunbeltbusinessbrokersroanoke.

About the Business

Year Established:
2008
Real Estate:
Owned
Building Sq. Ft.:
19,039
Facilities:
19,039 sq. ft. building that seats 258. The property has ample parking.
Growth & Expansion:
This business opportunity has unlimited opportunities for commercial uses, as well as the ability to continue leasing additional buildings that are on site.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes

Listing Info

ID:
1508294
Ad Detail Views:
801

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Business Listed by

Jenni Hushour

Sunbelt Business Brokers

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Sponsoring Broker:

Mike Keen
Sunbelt Business Brokers

U.S. Census Data for Botetourt, Montgomery, Roanoke, Roanoke city and Salem city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Botetourt, Montgomery, Roanoke, Roanoke city and Salem city Counties, VA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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