11669 Lee Hwy,SPERRYVILLE, VA 22740
SPERRYVILLE, VA 22740
Description
A tremendous opportunity for the keen-eyed investor or food operator. This 4,800 square foot, turn-key commercial property offers a fully equipped restaurant along with multiple additional commercial units, providing excellent potential for diversified rental income. The entire facility was comprehensively renovated in 2017 and has been meticulously maintained since. Further, the location is perfectly positioned on the busy Rte 211 which sees in excess of over 2 million vehicles annually. Inside, the property features a well-appointed 700 square foot commercial kitchen with all equipment included-from stainless steel appliances to shelving, smallwares, napkins, and service items. Simply turn on the lights, fire up the stoves, and begin serving guests in the 1,100 square foot dining room, complemented by a 700 square foot front dining deck. The restaurant accommodates approximately 50 patrons and includes bright spacious, modern men's and women's restrooms. Outdoors, a generous covered porch provides seating for an additional 20 dining guests. The property boasts the second-largest paved parking lot in Sperryville, offering space for 20+ vehicles. The site also includes a valuable grandfathered billboard sign-an entitlement that would be un-buildable under today's zoning regulations. Mechanically the building has been completely modernized to include all new HVAC, plumbing, electrical, fire suppression and propane lines- all backed up by retained building permits and maintenance records. The property is served by private well, public sewer, electric & propane heat and comcast internet. Documentation available upon request: P&L for past food service operations, appraisals and surveys. Property Highlights: - Highly Visible Positioning on Rte 211 Corridor (2 Million vehicles annually)- Sits on 3.35 acres zoned Highway Commercial.- 4,824 gross building sq. ft. total.- 1,800 sq. ft. restaurant space with all equipment included.- Built in 1975 and renovated in 2017.- Priced well below 2021 appraisal.
Details
| MLS # | VARP2002464 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1975 |
| Days On Site | 281 |
| Listing Provided By | Cheri Woodard Realty | Robert Chapman IV |
Features
| Zoning | HC |
|---|---|
| Acreage | 3.34 |
Interior
| Cooling | Ductless/Mini-Split, Ceiling Fan(s), Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3215 |
|---|
Area Information
| State | VA |
|---|---|
| County | RAPPAHANNOCK VA |
| City | SPERRYVILLE |
| Zip Code | 22740 |
| Area | RAPPAHANNOCK VA |
| School District | RAPPAHANNOCK COUNTY PUBLIC SCHOO |
| Listing VS Median (in 22740) | |
Price: $795,000 low | high Med: $559,000 On site: 281 low | high Med: 289 | |
Market Activity 22740
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Learn More About This Property
| State | VA |
|---|---|
| County | RAPPAHANNOCK VA |
| City | SPERRYVILLE |
| Zip Code | 22740 |
| Area | RAPPAHANNOCK VA |
| School District | RAPPAHANNOCK COUNTY PUBLIC SCHOO |
| Listing VS Median (in 22740) | |
Price: $795,000 low | high Med: $559,000 On site: 281 low | high Med: 289 | |