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3313 Old Forest Rd 2,516 SF 100% Leased Retail Building Lynchburg, VA 24501 $523,470 CAD ($208.06 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • All restaurant equipment is available
  • Established Brand with strong following
  • Ample parking
  • Highly Visible
  • Fully equipped commercial kitchen
  • Strong area demographics and traffic

EXECUTIVE SUMMARY

Outstanding opportunity to purchase both the real estate and operating business of The Yellow Submarine, a well-established, locally loved restaurant located in a high-traffic area of Lynchburg. Situated along Old Forest Road with paved walking access to Framatome (Nuclear energy facility), this fully operational restaurant features a proven location with excellent visibility, convenient access, and strong daily traffic counts. Sale includes the commercial building, all kitchen and dining equipment, furnishings, fixtures, and the business name with a loyal customer base. Ideal for an owner-operator, investor, or franchise conversion. Kitchen equipment includes Kegerator, Grills, Fryers, Two ground freezers, 3 door refrigerator, hood system (up to date), meat slicer, tables, chairs, bar stools, Tv's, etc. **New Ductless mini split installed on 6/21 (3 Ton Pioneer)**
This freestanding building is configured for dine-in, takeout, and delivery operations and offers ample on-site parking. Whether you're looking to continue its current state or introduce a new brand, this is a truly turnkey investment with immediate income potential. Large outdoor area is perfect for games, seating, and additional entertainment.
Full equipment list and historical sales data are available to qualified prospects upon execution of a confidentiality agreement.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,516 SF
Building Class
C
Year Built
1975
Price
$523,470 CAD
Price Per SF
$208.06 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
0.43 AC
Zoning
B3 - Zoned B-3 Community Business, which allows a wide variety use uses.

AMENITIES

  • Courtyard
  • Fenced Lot
  • Restaurant
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Yellow Submarine
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Yellow Submarine Retailer - - -

NEARBY MAJOR RETAILERS

Woodforest Bank
The YMCA
United Bank
Truist
Snap Fitness
First Citizens Bank
The Fresh Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
220-16-010
Land Assessment
$181,903 CAD
Improvements Assessment
$277,649 CAD
Total Assessment
$459,552 CAD
  • Listing ID: 35952116

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: 3313 Old Forest Rd, Lynchburg, VA 24501

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