Map of Property

The Mad Italian Restaurant

2545 South Crater Road, Petersburg, VA 23805

  • For Sale $598,900
  • 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

Contacts

broker

Bill Phillips

Joyner Fine Properties

(804) 967-2739

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable

  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

What is the lease rate for The Mad Italian Restaurant?

Rental asking rate at The Mad Italian Restaurant is $299,450.00/YR.

What is the total square footage of The Mad Italian Restaurant?

The Mad Italian Restaurant totals 2,944 square feet.

When was this property built?

The Mad Italian Restaurant was built in 1968.

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Contact Listing Broker

broker

Bill Phillips

Joyner Fine Properties

(804) 967-2739