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108 Lazy Ln NE
Floyd, VA 24091
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully functioning and profitable restaurant
  • Buildable Lots
  • Owner-Occupy/Rental Income
  • Development Potential

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,885 SF
Building Class
B
Year Built/Renovated
1910/2021
Tenancy
Single
Building Height
2 Stories
Building FAR
0.03
Lot Size
5.33 AC
Parking
20 Spaces (11.25 Spaces per 1,000 SF Leased)
Frontage
340’ on Floyd Highway N

AMENITIES

  • Corner Lot
  • Restaurant
  • Storage Space
  • Air Conditioning

ABOUT 108 LAZY LN NE , FLOYD, VA 24091

Business opportunity only 2.5 miles from touristy Town of Floyd in the heart of the Blue Ridge Mountains, home to outdoor recreation, music & art venues. This high grossing restaurant & full-service bar also offers residential rental income, 2-story 1,280sf steel frame barn PLUS developable acreage. A total of 5.33 acres w/ 340' road frontage on US 221 with plenty of parking. Restaurant capacity 181. Newer metal roof. All restaurant fixtures convey, many recently upgraded, includes grills & walk-in cooler/freezer. Upper-level apt has 3 bedrooms & 2 baths. Phase 3 electric, 4 zoned heat pumps, 3 recently replaced. Hi-speed fiber internet & cable. Acreage incl sep 1.8 AC buildable lot w/ frontage on Lazy Ln.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 44-109B
  • 44A-1-23
  • 44-109
  • 44A-1-82
Land Assessment
$75,900
Improvements Assessment
$363,800
Total Assessment
$439,700
  • Listing ID: 28401143

  • Date on Market: 5/4/2023

  • Last Updated:

  • Address: 108 Lazy Ln NE, Floyd, VA 24091

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