190 Lithia RdWytheville, VA 24382

For Sale
$985,000

6,064 SF Restaurant, $985,000

Overview

Added:
Feb 11
Days on market:
32
This exceptional restaurant property, located at 190 Lithia Rd in Wytheville, Virginia, presents a compelling investment opportunity. The 6,064 square foot building sits on a 1.26-acre lot and is zoned B. Its strategic location within the I-81/I-77 Crossroads development corridor places it among numerous established restaurant and hotel brands, ensuring high visibility and accessibility. The property boasts a Wythe County assessment of $1,312,800, significantly exceeding the asking price of $985,000. This presents a strong potential return on investment. The current lease rate stands at $18.00 per square foot per year. The property's size, location, and existing infrastructure make it ideal for a variety of restaurant concepts or potential redevelopment. The 24382 zip code offers a thriving community and convenient access to major transportation routes. This turnkey operation is ready for a new owner to capitalize on its prime location and strong market presence. Serious inquiries are encouraged to explore this lucrative opportunity in the heart of Wytheville's vibrant commercial sector. The property is well-suited for an established restaurant or a new venture seeking a high-traffic location.

Highlights

  • $985,000 asking price.
  • 6,064 square foot retail restaurant.
  • Located at 190 Lithia Rd, Wytheville, VA 24382.
  • Situated on 1.26 acres with B zoning.
  • Wythe County assessed value of $1,312,800.
  • Prime location in I-81/I-77 Crossroads development corridor.

Location Insight

City
Wytheville
County
Wythe
State
Virginia
Latitude
36.9488808
Longitude
-81.0560783
190 Lithia Rd, Wytheville, Virginia

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190 Lithia Rd
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