Description

Situated along a highly traveled corridor in Crewe, Virginia, this property at 16092 W. Colonial Trail Highway offers a compelling dual-use investment combining a fully equipped, turn-key restaurant with a stable self-storage income component. The restaurant is ready for immediate operation and includes a full bar, banquet space, and outdoor patio, with recent upgrades such as a new roof, HVAC system, and updated furniture, fixtures, and equipment, reducing the need for additional capital investment. Positioned as an outparcel to a recently renovated motel, the site benefits from strong visibility and potential cross-traffic, along with consistent exposure from approximately 8,800 vehicles per day and proximity to local attractions like the Crewe Railroad Museum and Crewe Primary School. Complementing the restaurant, the property features 14 adjacent self-storage units that are fully leased, generating passive income with minimal management requirements. This combination of active business potential and steady revenue stream makes the asset attractive for both owner-operators and investors. The surrounding area supports demand with a population of nearly 14,000 and average household incomes above $85,000 within a 10-mile radius. Additionally, the property offers future growth opportunities, including the potential to expand operating hours or introduce new concepts such as breakfast or evening bar service.