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INVESTMENT HIGHLIGHTS
- All restaurant equipment is available
- Established Brand with strong following
- Ample parking
- Highly Visible
- Fully equipped commercial kitchen
- Strong area demographics and traffic
EXECUTIVE SUMMARY
Outstanding opportunity to purchase both the real estate and operating business of The Yellow Submarine, a well-established, locally loved restaurant located in a high-traffic area of Lynchburg. Situated along Old Forest Road with paved walking access to Framatome (Nuclear energy facility), this fully operational restaurant features a proven location with excellent visibility, convenient access, and strong daily traffic counts. Sale includes the commercial building, all kitchen and dining equipment, furnishings, fixtures, and the business name with a loyal customer base. Ideal for an owner-operator, investor, or franchise conversion. Kitchen equipment includes Kegerator, Grills, Fryers, Two ground freezers, 3 door refrigerator, hood system (up to date), meat slicer, tables, chairs, bar stools, Tv's, etc. **New Ductless mini split installed on 6/21 (3 Ton Pioneer)**
This freestanding building is configured for dine-in, takeout, and delivery operations and offers ample on-site parking. Whether you're looking to continue its current state or introduce a new brand, this is a truly turnkey investment with immediate income potential. Large outdoor area is perfect for games, seating, and additional entertainment.
Full equipment list and historical sales data are available to qualified prospects upon execution of a confidentiality agreement.
This freestanding building is configured for dine-in, takeout, and delivery operations and offers ample on-site parking. Whether you're looking to continue its current state or introduce a new brand, this is a truly turnkey investment with immediate income potential. Large outdoor area is perfect for games, seating, and additional entertainment.
Full equipment list and historical sales data are available to qualified prospects upon execution of a confidentiality agreement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,516 SF
Building Class
C
Year Built
1975
Price
$375,000
Price Per SF
$149.05
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
0.43 AC
Zoning
B3 - Zoned B-3 Community Business, which allows a wide variety use uses.
AMENITIES
- Courtyard
- Fenced Lot
- Restaurant
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Yellow Submarine
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Yellow Submarine | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 220-16-010 | Improvements Assessment | $196,900 |
| Land Assessment | $129,000 | Total Assessment | $325,900 |
PROPERTY TAXES
Parcel Number
220-16-010
Land Assessment
$129,000
Improvements Assessment
$196,900
Total Assessment
$325,900
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3313 Old Forest Rd
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