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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. 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, 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" quick 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
$372,630 CAD
Price Per SF
$75.48 CAD
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

Property Taxes

Parcel Number
89-90
Land Assessment
$119,962 CAD
Improvements Assessment
$332,181 CAD
Total Assessment
$452,142 CAD
  • Listing ID: 39878030

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 7367 Lee Hwy N, Troutville, VA 24175

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