Map of Property

The Mad Italian Restaurant

For Sale

2545 South Crater Road, Petersburg, VA 23805

This Petersburg property for sale is located at 2545 South Crater Road. The current listed sale price for The Mad Italian Restaurant is $598,900. The Mad Italian Restaurant is situated on a lot that is 0.95 acre in size.

Contacts

broker

Bill Phillips

Joyner Fine Properties

(804) 967-2739

Property Details

  • Property Type Retail - Restaurant
  • Property Size 2,944 SF
  • Units 3
  • Lot Size 0.95 Acre
  • Parking Spaces Avail. 37
  • Property Tenancy Multi-Tenant
  • Year Built 1968
  • Date Updated Mar 11, 2024
High visibility with 21,256 VPD on S Crater 1.3 mi from I-95 and S Crater interchange 3.1 mi from I-95 and Wagner interchangeThe Mad Italian Restaurant has been a thriving Petersburg landmark for nearly 50 years and the owner is retiring. Strong daytime and catering business along with excellent area name recognition has been established. There is upside potential in opening for breakfast. A separate fully leased stand alone 1200 sf building is included for a total of 4,144 building square feet.

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Highlights

  • All FF&E included
  • Additional 1,200 SF building leased to professional office tenants included
  • Immaculately maintained and turnkey for new owner

Getting around

  • 54/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Petersburg, VA
  • Zip Code 23805
  • Market Richmond Tidewater

Points of Interest

  • Petersburg

    4.18 miles

  • Citgo

    0.17 miles

  • Exxon

    0.25 miles

  • Crater Road Marathon

    0.26 miles

  • 7-Eleven

    0.63 miles

  • BP

    0.68 miles

  • Wawa

    0.69 miles

  • Sheetz

    0.79 miles

  • Star

    1.34 miles

  • Valero

    2.39 miles

  • Marathon

    2.41 miles

  • Lot 3

    3.33 miles

  • Lot 4

    3.39 miles

  • Lot 5

    3.41 miles

  • Lot 1

    3.42 miles

  • Lot 6

    3.43 miles

  • Lot 31

    3.48 miles

  • Lot 16

    3.49 miles

  • Lot 33

    3.50 miles

  • Lot 7/Visitors

    3.50 miles

  • Lot 8

    3.50 miles

  • The Mad Italian Pasta & Steak House

    0.00 miles

  • Dunkin'

    0.21 miles

  • Burger King

    0.24 miles

  • Marco Polo International Seafood Buffet

    0.28 miles

  • Tian Tian Gourmet

    0.30 miles

  • McDonald's

    0.37 miles

  • King's Famous Bar-B-Q

    0.45 miles

  • Little Caesars

    0.47 miles

  • Top’s China

    0.53 miles

  • Hardee's

    0.68 miles

  • Food Lion

    0.34 miles

  • Save-A-Lot

    0.58 miles

  • Walmart Supercenter

    1.36 miles

  • Walmart Supercenter

    3.35 miles

  • Burlington

    3.53 miles

  • Target

    3.54 miles

  • ALDI

    3.79 miles

  • Macy's

    3.87 miles

  • JCPenney

    3.98 miles

  • Marshalls

    4.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Bill Phillips

Joyner Fine Properties

(804) 967-2739