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701 Fort Chiswell Road

Max Meadows, VA 24360
  • $350,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 80644
UPDATED: 18 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,046
    SQFT
  • $171
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

AMAZING OPPORTUNITY! Turnkey business for sale in Max Meadows, VA. Located on Fort Chiswell Rd right before the intersection with Ivanhoe Rd just 1 mile from exit 80 at the I-77/I-81 interchange. This section of Fort Chiswell Rd has 3,000+ vehicles daily & Ivanhoe Rd just steps away has 3,900 vehicles. I-77/I-81 interchange has 50,000+vehicles with over 7,000 getting off exit 80 daily. The location is perfect for this business and with the growing traffic has every opportunity to improve. The current owner has managed the restaurant for 25 years & is retiring. The business, real estate, equipment & inventory is all included. Based on the revenue for the past several years, this business generates enough income to recoup your investment within 5 years. The dining room can seat 50+ customers. The main part of the kitchen is out front with a large prep room connected. The back room offers plenty of storage & half bathroom. 500 Sq Ft building with power, sidewalk & A/C behind restaurant.

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© 2021 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Southfork Realty. Data last updated: 2021-11-28T19:10:43.167.
www.southfork-realty.com/homes/122947476
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701 Fort Chiswell Road Max Meadows, VA 24360

  • Price: $350,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 18 min ago
  • MLS #: 80644
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,046
SQFT
$171
$/SQFT
Neighborhood:
Wythe County
County:
Wythe
Area:
Wythe County
Property Description
AMAZING OPPORTUNITY! Turnkey business for sale in Max Meadows, VA. Located on Fort Chiswell Rd right before the intersection with Ivanhoe Rd just 1 mile from exit 80 at the I-77/I-81 interchange. This section of Fort Chiswell Rd has 3,000+ vehicles daily & Ivanhoe Rd just steps away has 3,900 vehicles. I-77/I-81 interchange has 50,000+vehicles with over 7,000 getting off exit 80 daily. The location is perfect for this business and with the growing traffic has every opportunity to improve. The current owner has managed the restaurant for 25 years & is retiring. The business, real estate, equipment & inventory is all included. Based on the revenue for the past several years, this business generates enough income to recoup your investment within 5 years. The dining room can seat 50+ customers. The main part of the kitchen is out front with a large prep room connected. The back room offers plenty of storage & half bathroom. 500 Sq Ft building with power, sidewalk & A/C behind restaurant.
Exterior Features

Building Exterior Vinyl SidingBrick Exterior Features Parking 25+ SpacesGuttersLighting/Security Lot Dimensions .5 Acre Road Frontage Feet 170 Roof Metal Style Building Free Standing

Interior Features

Air Conditioning Heat Pump Floors Tile Heating System Central Heat Pump Interior Features Extra StoragePublic RestroomsSecurity System

Property Features

Additional Structures Out Building Building Age 1976 County Taxes 1366.00 Current Use Restaurant Equipment Leased See Other Terms Gross Income 335000.00 Lot Number 15A Net Income 85000.00 Property Description Located in County Property Type Commercial Other Sewer Public Sewer Sprinkler System Dry Tax Map Number 44B-1-15A Tax Year 2020 Utilities Cable AvailableElectricity Connected Water Sewer Public Zoning N/A

Listing information © 2021 Southwest Virginia Association of REALTORS®
Listing provided courtesy of Christopher Fox of Bhhs- Mountain Sky Properties, Wytheville.


© 2021 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Southfork Realty. Data last updated: 2021-11-28T19:10:43.167.
 
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Southfork Realty
1207 Town Springs Road
Chilhowie VA, 24319