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INVESTMENT HIGHLIGHTS
- Prime Location to Virginia State University
- Established Business
EXECUTIVE SUMMARY
Discover a thriving restaurant deli located within the vibrant Virginia State University community, operating successfully since 1990. This well-established business boasts an impressive annual SALES VOLUME of $760,000, making it a lucrative investment opportunity. Featuring a spacious covered outdoor seating area with dedicated parking spaces, this deli is perfectly positioned to attract both college students and local residents. The menu highlights diverse fast food options, including delicious wings, the Legendary Bull Burger and mouthwatering cheesesteaks, complemented by convenient delivery services. With its prime location near the college campus, this restaurant deli is not only a staple for the student body but also a beloved spot for the surrounding community. Don’t miss your chance to own a piece of this successful business! This sale includes both lots and the business as well as the storage sheds. Professional pictures being done next week!
Please respectfully do NOT disturb business during operating hours! Showings for Sunday and Monday only. Great experienced, long term staff including 2 managers are currently in place. Owner will assist in transitioning to new owners. This is an excellent opportunity for a turn key business. Roof, siding, HVAC is less than 10 years old. All appliances convey as-is except the ice machine which is rented. Currently set up on Doordash and Grubhub. Buyer can explore options of expansion and later hours if desired (currently only open 5 days a week and only 9 hours per day). Currently operating in name as Ettrick Deli. Owner will convey name as well.
Please respectfully do NOT disturb business during operating hours! Showings for Sunday and Monday only. Great experienced, long term staff including 2 managers are currently in place. Owner will assist in transitioning to new owners. This is an excellent opportunity for a turn key business. Roof, siding, HVAC is less than 10 years old. All appliances convey as-is except the ice machine which is rented. Currently set up on Doordash and Grubhub. Buyer can explore options of expansion and later hours if desired (currently only open 5 days a week and only 9 hours per day). Currently operating in name as Ettrick Deli. Owner will convey name as well.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
1,045 SF
Building Class
C
Year Built
1935
Price
$550,000
Price Per SF
$526.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
C3 - High Intensity Commercial Use
Parking
12 Spaces (11.48 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
- Storage Space
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $126,300 | |
| Land Assessment | $75,500 | Total Assessment | $201,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$75,500
Improvements Assessment
$126,300
Total Assessment
$201,800
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3608 E River Rd
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