Commercial Real Estate in Wise available for sale
Wise Drive Through Restaurants For Sale

Drive Through Restaurants for Sale within 10 kilometers of Wise, VA, USA

More details for 685 Commonwealth Dr, Norton, VA - Land for Sale

1.26 AC Walmart Outparcel - 685 Commonwealth Dr

Norton, VA 24273

  • Drive Through Restaurant
  • Land for Sale
  • Price Upon Request
  • 1.26 AC Lot

Norton Land for Sale

The Property consists of a ±1.26-acre Walmart outparcel adjacent to US-23 (Orby Cantrell Highway) with 20,632 vehicles per day and near Hawthorne Dr NE with additional traffic counts of 4,700 vehicles per day. Co-tenants on nearby parcels include Hibbett Sports, GNC, Verizon, Bealls, T-Mobile, Pizza Hut, Great Clips, Auto Zone, Jersey Mikes, Applebee’s, and Sonic. Other nationally recognized tenants surrounding the Property including Lowe’s, Harbor Freight, Food City, Ollie’s, Goodwill, Belk, Marshalls, Ashley, Dollar Tree, Tractor Supply, Crutchfield, and many more, further driving consumers to the area. Zoned B-3, General Business District, this commercial development site offers favorable flexible zoning that allows for a variety of uses including bank, motel, drugstore, retail, office, and many more. The Property offers potential investors the ability to acquire land with significant value-add through development and long-term lease up. Norton, Virginia, is located in the heart of the Appalachian Mountains in Southwest Viriginia. With a population of just under 4,000 residents, Norton functions as a regional service and retail hub for Wise County and the surrounding Appalachian communities. The city’s strategic location at the intersection of U.S. Route 23 and U.S. Route 58 Alternate provides critical access to both local consumers and regional freight routes, positioning Norton as a gateway for commercial activity in the central Appalachian region. The Property offers a strategic location on the area's primary thoroughfare within a strong retail trade area. The Property serves an expanded 10-mile trade area with 24,371 individuals with an average household income of $55,860.

Contact:

Robinson Warehouse Holdings LLC

Property Subtype:

Commercial

Date on Market:

2025-11-26
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More details for 700 NE Commonwealth Dr, Norton, VA - Land for Sale

0.65 AC Walmart Outparcel - 700 NE Commonwealth Dr

Norton, VA 24273

  • Drive Through Restaurant
  • Land for Sale
  • Price Upon Request
  • 0.65 AC Lot

Norton Land for Sale

The Property consists of a ±0.65-acre Walmart outparcel just off US-23 (Orby Cantrell Highway) with 20,632 vehicles per day and near Hawthorne Dr NE with additional traffic counts of 4,700 vehicles per day. Co-tenants on nearby parcels include Hibbett Sports, GNC, Verizon, Bealls, T-Mobile, Pizza Hut, Great Clips, Auto Zone, Jersey Mikes, Applebee’s, and Sonic. Other nationally recognized tenants surrounding the Property including Lowe’s, Harbor Freight, Food City, Ollie’s, Goodwill, Belk, Marshalls, Ashley, Dollar Tree, Tractor Supply, Crutchfield, and many more, further driving consumers to the area. Zoned B-3, General Business District, this commercial development site offers favorable flexible zoning that allows for a variety of uses including bank, motel, drugstore, retail, office, and many more. The Property offers potential investors the ability to acquire land with significant value-add through development and long-term lease up. Norton, Virginia, is located in the heart of the Appalachian Mountains in Southwest Viriginia. With a population of just under 4,000 residents, Norton functions as a regional service and retail hub for Wise County and the surrounding Appalachian communities. The city’s strategic location at the intersection of U.S. Route 23 and U.S. Route 58 Alternate provides critical access to both local consumers and regional freight routes, positioning Norton as a gateway for commercial activity in the central Appalachian region. The Property offers a strategic location on the area's primary thoroughfare within a strong retail trade area. The Property serves an expanded 10-mile trade area with 24,371 individuals with an average household income of $55,860

Contact:

Robinson Warehouse Holdings LLC

Property Subtype:

Commercial

Date on Market:

2026-01-17
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United States Drive Through Restaurants Virginia Wise

Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease