Listed by Keller Williams Realty Alliance Group Richmond West
$1,495,000
Confidential
Details
Property Type Business for Sale
Sub Type Business and Building
Square Footage 4,000
Units 1
NOI $200,000
Occupancy 100%
Broker Co-Op Yes
Class A
Stories 2
Acreage 1.500
Parking Spaces 30 spaces
Parking Per SqFt 7.50
Investment Type Owner/User
Occupancy Date 01/01/2026
Ownership Tenant owned
Restaurant and Catering, stand alone building, A+ Location.
Marketing description
Outstanding and longstanding Restaurant in the Albemarle County Area. Great location, stand alone building on 1.5 acres. Lots of added value with outbuildings, multiple dining rooms, catering and function spaces, etc. Business is open and operating very profitably and has been for decades. Owners retiring. Bring your own concept or continue this one. Why rent when you can own? THE ADDRESS IS FICTIONAL. THIS LISTING IS IN THE CHARLOTTESVILLE/ALBEMARLE CATCHMENT AREA.
Investment highlights
Perfect building for a host of uses. Currently a restaurant that’s fully equipped and operating profitably.
Listing Contacts
Listed by Keller Williams Realty Alliance Group Richmond West
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,000.00
$16,666.67/mo
Valuation Metrics
0
DSCR
13.38%
Cap Rate
13.38%
ROI
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