16092 W Colonial Trail Hwy 7,008 SF Vacant Retail Building Crewe, VA 23930 $2,373,064 CAD ($338.62 CAD/SF)

Positioned along a well-traveled corridor in Crewe, Virginia, this unique offering at 16092 W. Colonial Trail Highway combines a fully equipped restaurant with a stabilized self-storage income stream. The restaurant is turn-key and ready for immediate operation, featuring a full bar, banquet hall, and outdoor patio. Recent capital improvements include a new roof, HVAC system, and updated furniture, fixtures, and equipment, minimizing upfront investment for a new operator.
The property sits as an outparcel to a recently renovated motel, offering built-in visibility and potential cross-traffic. With 8,800 vehicles passing daily on W. Colonial Trail Highway and proximity to local landmarks such as the Crewe Railroad Museum and Crewe Primary School, the site benefits from consistent exposure and community engagement.
In addition to the restaurant, the property includes 14 adjacent self-storage units that are fully occupied, providing passive income with minimal landlord oversight. This dual-use configuration offers both operational upside and investment stability, making it ideal for owner-operators or investors seeking a hybrid asset.
Demographics within a 10-mile radius show a population of nearly 14,000 with average household incomes exceeding $85,000, supporting both dining and storage demand. The property’s layout and location also allow for future expansion, including breakfast service or evening bar offerings.