ArmitageRestaurant
309 Fieldstone Ln, Blacksburg, VA 24060
Retail / Restaurant
Restaurant
- 01Executive Summary3
- 02Property Description4
- 03Property Details5
- 04Location6
ArmitageExecutive Summary
- $4,000,000 asking price at a 3.00% cap rate
- Single-tenant restaurant, Class B, built 2015
- 4,000 SF four-story building on 3 acres
- MX-T zoning
- Paved parking at a 6:1 ratio
Property Description
Single-tenant restaurant property at 309 Fieldstone Ln in Blacksburg, Virginia, offered at $4,000,000 at a 3.00% cap. The listing reports $11,200 NOI and is classed as a stabilized investment in a traditional sale.
The Class B building was built in 2015 and totals 4,000 SF across four stories on a single structure. It sits on a 3-acre lot (about 130,680 SF) zoned MX-T. Paved parking is provided at a 6:1 ratio. Occupancy is listed at 66%.
Property Details
Location
Transit data provided by Google. Times and distances are estimates.
Restaurant
309 Fieldstone Ln, Blacksburg, VA 24060
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Prepared October 28, 2026 from the listing details on Hutfin.
Armitage