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7367 Lee Hwy N 4,937 SF Retail Building Troutville, VA 24175 $269,000 ($54.49/SF)
Investment Highlights
- Priced Below Tax Assessment – Exceptional value-add opportunity
- ±1.4 Acres with Prime Road Frontage – Generous lot size offering excellent visibility and access along Lee Hwy, ideal for repositioning or redevelopme
- ±5,000 SF Former Convenience Store/Gas Station – Flexible commercial structure suitable for redevelopment, storage, retail, or alternative commercial
Executive Summary
Priced below tax assessment! Prime commercial property featuring 4,937 sq ft of single-story space on 1.44 acres with endless potential. Boasting 500 feet of road frontage and ample parking, this property is ideally situated for high visibility and accessibility. Infrastructure includes a new hot water tank, recently pumped septic, oil heat, AC cooling system, and two water wells for water supply. Constructed with a durable wood frame and vinyl exterior, the layout offers flexibility for various business opportunities. Previously a truck stop and gas station, this property is perfect for a gas station, restaurant, convenience store, ice cream shop, bait & tackle shop, or other retail/service ventures. Don't miss this opportunity to own a high-traffic, multi-use property with incredible potential. Schedule your showing today! Property sold "as-is" quick sale. There is no current business running. Property has been vacant for two years. Please Text Sue for details 540-330-5668.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,937 SF
Building Class
C
Year Built
1940
Price
$269,000
Price Per SF
$54.49
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.44 AC
Zoning
B-2
Parking
13 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
108’ on Lee Hwy
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 89-90 | Improvements Assessment | $239,800 |
| Land Assessment | $86,600 | Total Assessment | $326,400 |
Property Taxes
Parcel Number
89-90
Land Assessment
$86,600
Improvements Assessment
$239,800
Total Assessment
$326,400
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Presented by
SR Reventures LLC
7367 Lee Hwy N
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