
Auction - Former Applebee’s | 45K VPD Traffic | 33 W Main St
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Auction - Former Applebee’s | 45K VPD Traffic 33 W Main St Local commercial 569 m² À vendre Radford, VA 24141 129 445 € (227,41 €/m²)



INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- STARTING BID $150,000 | Former Applebee’s | 45K VPD Traffic Count | AUCTION AUGUST 11-13, 2025
- Prime Retail Corridor including CVS, Walmart, Lowe’s, Kroger, Chipotle, Starbucks, Sonic, Food Lion, Food City, Cookout, and more
- Shared Access with Co-Tenant CVS | Five Minutes from Radford University | Across Street from Radford High & Intermediate Schools
- Freestanding Former Applebee’s Restaurant on Large 1.95 Acre Lot
- ±18,635 VPD Traffic Count on W Main St and ±26,579 VPD Traffic Count on Lee Hwy
- Zoning B2, General Business and Suitable for a Variety of General Commercial Uses & Activities
RÉSUMÉ ANALYTIQUE
Marcus & Millichap is pleased to present the fee simple interest in a former Applebee’s restaurant building located at 33 W Main Street in Radford, Virginia (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount.
Built in 2000, the Property is improved with a one-story, free-standing, single tenant restaurant totaling ±6,127 square feet, and offers ±98 surface parking spaces. The Property is strategically positioned on a huge parcel totaling ±1.95 acres of land and can be accessed via several points of ingress/egress. The Property is adjacent to CVS near the signalized intersection of W Main Street and Lee Highway.
Radford, Virginia, located in the New River Valley, is a city known for its proximity to Radford University and major transportation routes like Interstate 81, making it a regional hub for both education and commercial activity. Radford University, the region’s largest employer, is just 5 minutes from the Property and serves over 11,000 students, fueling demand for housing, retail, and service-oriented businesses. The Property offers 212 feet of prime frontage/visibility along the north side of the heavily trafficked W Main Street with traffic counts ±18,635 vehicles per day. The Property is in a dense retail corridor with nearby retailers including CVS, Walmart, Lowe’s, Kroger, Chipotle, Starbucks, Sonic, Food Lion, Food City, Cookout, and many others. The Property is positioned in a dense area with ±24,747 people within a 5-mi radius and an average household income of $66,224. The population has experienced 4.28% growth from 2020-2024 with 7.18% growth expected to continue through 2029.
Built in 2000, the Property is improved with a one-story, free-standing, single tenant restaurant totaling ±6,127 square feet, and offers ±98 surface parking spaces. The Property is strategically positioned on a huge parcel totaling ±1.95 acres of land and can be accessed via several points of ingress/egress. The Property is adjacent to CVS near the signalized intersection of W Main Street and Lee Highway.
Radford, Virginia, located in the New River Valley, is a city known for its proximity to Radford University and major transportation routes like Interstate 81, making it a regional hub for both education and commercial activity. Radford University, the region’s largest employer, is just 5 minutes from the Property and serves over 11,000 students, fueling demand for housing, retail, and service-oriented businesses. The Property offers 212 feet of prime frontage/visibility along the north side of the heavily trafficked W Main Street with traffic counts ±18,635 vehicles per day. The Property is in a dense retail corridor with nearby retailers including CVS, Walmart, Lowe’s, Kroger, Chipotle, Starbucks, Sonic, Food Lion, Food City, Cookout, and many others. The Property is positioned in a dense area with ±24,747 people within a 5-mi radius and an average household income of $66,224. The population has experienced 4.28% growth from 2020-2024 with 7.18% growth expected to continue through 2029.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Restaurant
Surface de l’immeuble
569 m²
Classe d’immeuble
C
Année de construction
2000
Prix
129 445 €
Prix par m²
227,41 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,07
Surface du lot
0,79 ha
Zone de développement économique [USA]
Oui
Zonage
B2 - Le zonage B2 est un type de district de zonage destiné à fournir des terrains à diverses fins communautaires, notamment pour le shopping, les loisirs et les services.
Stationnement
98 places (172,17 places par 1 000 m² loué)
Façade
39 m sur West Main Street
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PRINCIPAUX COMMERCES À PROXIMITÉ










TAXES FONCIÈRES
Numéro de parcelle | 9-2-SEC-2-1-2-3-4 | Évaluation des aménagements | 1 187 195 € |
Évaluation du terrain | 577 775 € | Évaluation totale | 1 764 970 € |
TAXES FONCIÈRES
Numéro de parcelle
9-2-SEC-2-1-2-3-4
Évaluation du terrain
577 775 €
Évaluation des aménagements
1 187 195 €
Évaluation totale
1 764 970 €
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Auction - Former Applebee’s | 45K VPD Traffic | 33 W Main St
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