674 Teresa Lane Roanoke, VA $ 1,250,000
674 Teresa Lane
$ 1,250,000
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674 Teresa Lane

Roanoke, VA, 24019
$ 1,250,000
Baths0.0 Sq 1,836

Monthly Estimate*

$ 7,486

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Studio

Commercial Property for sale in Roanoke, VA

for $1,250,000. This 1,836 square foot building was built in 2022 on a lot size of 0.77.

1,836sf building on 0.77ac corner site. Constructed in 2022 and is in excellent condition. Fully equipped restaurant with all equipment and fixtures to convey. Currently operating as an Italian restaurant with very high sales volume. Approved for 94 seats and outdoor patio seating. 2 ADA bathrooms. Property served by public water, sewer, natural gas, and high-speed internet. 400A 3-phase elec. Two 5-ton HVAC units and one 4-ton unit, all gas units with central A/C. Water softener, grease trap, 16' hood, captive air system, tankless gas water heater, 6'x8' walk-in cooler. 23 on-site parking spaces and on-street parking. Corner location with high traffic count in a rapidly growing area. Current owner has a long-standing reputation in the area and will consider allowing the continued use of the restaurant name subject to further conditions. Full equipment list and sales data are available to qualified prospects upon execution of a confidentiality agreement. Virtual tour available.

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,000

Style

Commercial/Indust

Lot Size

0.77

Year Built

2022

Town/City

Roanoke

County/Region

Botetourt

MLS | Web ID

352723

Features
General
Sewer County
Cooling Heat Pump
Roof Composition
Zoning B-2
HOA 500.00
Year Built 2022
Property SubType Commercial/Indust
County Other
Property Type Commercial/Indust
Close Price 0.00
Status Active
Directions U.S. 460 to Cloverdale Road to Read Mountain Road to Teresa Lane.
City Roanoke
MLS Area Other
Lot Size Units Acres
Lot Size Square Feet 33541.00
Availability Date 1800-01-01
Days on Market 124
Lease Type Net
Legal Description Botetourt County Tax Parcel 107 (12) B
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Interior
Flooring Ceramic Tile
3/4 Baths 0
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Exterior
Water Source County
Total Parking 23.00
Number of Buildings 1
Lot Size Acres 0.7700
Lot Size Source (Public Records)
Road Frontage Type Paved State Road Two Lane
Other Equipment Fixtures/Furnishings Other
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Internal Only
Street Number 1 674
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* Excluded Features
List By
Chris Gentry

Listing Agent

Gentry Commercial Re

Broker

cgentry@gcrei.com

Email

Affordability Calculator

$7,570
Per Month
99%
1%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2091853 Elementary School
2091817 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2024$1,250,000 Listed Price

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674 Teresa Lane, Roanoke, VA, 24019 is a Commercial Property for sale at $1,250,000 with 1,836 sqft and a lot size of 0.77. 674 Teresa Lane is a studio with 0.0 baths and was built in 2022. The property's zip code is 24019 which is in Roanoke, VA