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7367 Lee Hwy N 4,937 SF Retail Building Troutville, VA 24175 $260,000 ($52.66/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. Unique roadside commercial opportunity with character! What makes this property especially attractive is its versatility and the number of directions it could go. A few potential concepts include:
Storage Facility / Contractor Yard
Ideal for equipment, materials, or small business operations with easy access and functional layout.
Boat / RV / Trailer Storage Lot
Strong demand for outdoor storage—this site offers the space and accessibility to create a steady income stream.
Barbecue or Coffee Concept
A great roadside stop with potential for outdoor seating, creating a destination feel for locals and pass-through traffic.
EV Charging + Coffee / Retail Hub
Positioned perfectly for a modern conversion—combine EV charging stations with a small café or convenience retail to capture future traffic trends.
Previously operated as a convenience store/gas station, the property already offers ample parking, visibility, and infrastructure, making it a strong candidate for redevelopment or repositioning. 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, BBQ 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" sale. There is no current business running. Property has been vacant for two years. Please Text Sue for details 540-330-5668.
Storage Facility / Contractor Yard
Ideal for equipment, materials, or small business operations with easy access and functional layout.
Boat / RV / Trailer Storage Lot
Strong demand for outdoor storage—this site offers the space and accessibility to create a steady income stream.
Barbecue or Coffee Concept
A great roadside stop with potential for outdoor seating, creating a destination feel for locals and pass-through traffic.
EV Charging + Coffee / Retail Hub
Positioned perfectly for a modern conversion—combine EV charging stations with a small café or convenience retail to capture future traffic trends.
Previously operated as a convenience store/gas station, the property already offers ample parking, visibility, and infrastructure, making it a strong candidate for redevelopment or repositioning. 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, BBQ 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" 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
$260,000
Price Per SF
$52.66
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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SR Reventures LLC
7367 Lee Hwy N
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