Abingdon I-81 Fast Food Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30467027
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 3,140 SF
Gross Land Area: 0.88 Acres
Sale Price: $774,900
Unit Price: $246.78 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,140 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/1/2019

Overview / Comments

Excellent Interstate Visibility! Well maintained fast food restaurant for sale at the intersection of I-81, Exit 19 at East Main Street in Abingdon, VA. Built in 2001, the 3,140 sq ft building sits at popular hotel and fast food exit next to Citgo C-Store and Huddle House restaurant with Country Inn and Suites and Quality Inn and Suites at same corner. This is a great opportunity for new or relocating fast food restaurant, casual dining, or coffee shop desiring Abingdon I-81 frontage. See attached for property survey and easement plat. Contact agent for property viewing and for further details.

This intersection is a growth area of Abingdon with a new Walmart and Healthcare facility nearby. Other major businesses in vicinity are Cracker Barrel and Lowe’s.

Home to the Barter Theatre, Martha Washington Inn and The Virginia Creeper rail-trail, Abingdon is often named a best small town. Multiple publications have recognized Abingdon including Southern Living, Reader's Digest, and
Garden and Gun Magazine's named it “Best Performing Arts Town,” and Budget Travel's “Coolest Small Town.”.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Tax ID/APN: 36938

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,688 10,093 17,928
Median Age: 34.45 42.84 44.4
Households: 483 4,307 7,643

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