3229 Railstop Rd, Markham, VA 22643

$1,775,000

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List Price
$1,775,000
Days on Market
131
Status
ACTIVE
MLS#
VAFQ2020972
Lot Size (Acres)
0.64
Year Built
1900
County
Fauquier
School District
Fauquier County Public Schools

Property Description

Investors, preservationists and rehabbers, here is a very unique opportunity to purchase 10+ buildings and vacant land in the historic village of Markham, VA in Fauquier County at an amazing price! The location is ideal, just off I-66 at exit 18 . The village is situated in a small valley at the foot hills of beautiful mountains where many vineyards, wineries and orchards can be found. Tourists flock to the area to enjoy wine tastings, pick apples, peaches and strawberries. To the Southwest lies Front Royal and the Shenandoah River known as the canoe capital of Virginia. There are incredible ancient caverns near Front Royal and access to the famous Skyline Drive where autumn leaf peepers head in the Fall each year. The Appalachian Trail can be accessed close by. Markham is perfectly situated between Washington D. C .and the Northern VA suburbs, a great source of income generation. The town was vibrant in the 1800s with two hotels; a grocery store; mill; school; cobbler's shop; post office; train station and boarding houses. For the past 40 years these buildings and the vacant land have been held together by single ownership. All of the real estate is being sold together. What a great opportunity to create a destination for tourist business with a restaurant, retail shops, overnight accommodations, etc. Private train cars could be chartered from D.C. to bring guests and tourists. The area was initially known as Farrowsville, and acted as a northern point for a stage coach line connecting to the Culpeper Court House. It was a milling center with at least eight mills in the early 19th century. Renamed in the 1850s by railroad pioneer Edward C. Marshall, it grew as a strategic transportation hub for the Manassas Gap Railroad. The town is rich in Virginia and National history yet it is not placed in historic designation which would limit renovations. See the information below for more specific details on the buildings. Additional historic information is available upon request. The lower, center part of the Post Office building is leased to the U.S. Postal Service for a few more years. The rental houses and duplexes are on short term leases. Below are the tax I.D. numbers for the individual buildings and land. Note: the Cobbler's shop is on the same parcel as the "Green Hotel" and the rental house #3 (as identified in the photos) is on the same parcel as the "Yellow Hotel". $3,700 per annum is paid to the Norfolk Southern Railroad for ground lease associated with the train station. 11524 Old Markham Rd., tax ID # 6021-63-7076 (Post Office) currently leased to the US Post Office * Old Markham Rd., tax ID and address to follow (Train Station) 11527 Old Markham Rd., tax ID # 6021-62-7763 (Yellow Hotel +Tanner Shop) 11521 Old Markham Rd., tax ID 6021-62-9842 (Green Hotel + 2 Story House) 3229 Railstop Rd., tax ID # 6021-62-6739 (2 Story Stone House) 3228 Railstop Rd., tax ID # 6021-62-4849 (2 Story Frame House) + cottage 3234 Railstop Rd., tax ID # 6021-52-5938 (Vacant House) 0 Railstop Rd., tax ID # 6021-62-1994 (1.09 Acre Vacant Land) Small vacant parcel, tax ID # 6021-62-5737 .10 acre Small vacant parcel, tax ID # 6021-62-4759 .0162 acre PLEASE NOTE THAT THE TAX RECORD INFORMATION FOR SEVERAL OF THE PARCELS REGARDING THE NAME OF THE TOWNS IS WRONG. ALL PARCELS ARE LOCATED IN MARKHAM, VA

Additional Information

Taxes
$2483
School District
Fauquier County Public Schools
Flooring
Hardwood
View
Scenic Vista, Creek/Stream, Mountain
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Other
Roof
Metal
Water
Well
Sewer
On Site Septic

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Listing courtesy of Long & Foster Real Estate, Inc.. Contact: