865 John Marshall Hwy, Front Royal, VA 22630

$1,250,000

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List Price
$1,250,000
Price Change
▼ $149,999 1774030527
Days on Market
720
Status
ACTIVE
MLS#
VAWR2009080
Lot Size (Acres)
0.6900000000000001
Year Built
1980
County
Warren
School District
Warren County Public Schools

Property Description

ATTRACTIVE PRIVATE FINANCING OPTION AVAILABLE! With an acceptable offer, buyer may be eligible to privately finance up to $725,000 at 7% interest, amortized over 30 years, with a 5-year balloon! SELLER MOTIVATED to discuss creative sale or lease opportunities at this .69 acre C-1 property in prime location. DC TOURISTS headed to Shenandoah National Park entrance (at mile 0 of the well-traveled Skyline Drive in Front Royal) & on the way to the Shenandoah River State Park MUST PASS THIS LOCATION if following GPS from DC! Adjacent to a gas station and shopping center (with Big Lots, Harbor Freight and more) near the intersection of Rt 55 and Rt 522, several large shopping centers and a plethora of businesses and food establishments. Perfect for investors looking for a property to LAND LEASE & excellent opportunity for all sorts of businesses needing excess PARKING (60+ spaces possible). Property was remodeled and updated in 2021 and is currently home to an 18+ year popular restaurant (seller plans to retire and pursue other ventures). As designed currently, the property offers a 38x36 banquet/meeting room with separate men’s and women’s restrooms and second bar area through double doors that could be an independent space with private entrance (plus access to rear potential outdoor seating). Main dining space measures 37x34 with a 24 ft bar area and a private men’s and women’s restrooms. Kitchen/prep/storage/office area is huge with a rear entrance and access to a partial basement for excess storage. Restaurant equipment is negotiable. Seller is also offering a reduced $7k NNN lease and willing to offer creative terms. Ideal location for RETAIL, RESTAURANT, BANK, CONVENIENCE STORE, GAS STATION, OFFICE, BOUTIQUE HOTEL, FARM MARKET, VAPE STORE, DRIVE THROUGH (2 curb entrances from John Marshall Hwy) or even a much needed TESLA SUPERCHARGING STATION for those traveling on Skyline Drive. Seller will consider attractive owner financing terms w/ 60% down. Approx 4 miles from both I-66 Exit 13 & I-66 Exit 6, 11 miles from the I-66 & I-81 intersection yet under 70 miles from Washington DC and 55 miles from Washington Dulles International Airport. Easy to show! Video tours available! HIGHLIGHTS__Approx 4 miles from both I-66 Exit 13 & Exit 6, 11 miles from the I-66 /I-81 intersection yet under 70 miles from Washington DC and 55 miles from IAD. MUST pass this location when following GPS from DC to Shenandoah River, Shenandoah River State Park, Skyline Drive Entrance, Shenandoah National Park Fantastic signage/billboard on property! Corner lot near the first busy intersection coming into Front Royal from Northern VA! Additional Acreage may be available via boundary adjustment per adjacent landowner! Owner willing to get creative with sale or lease negotiations and willing to finance with 60% down. Currently home to an 18+ year proven successful restaurant business--Restaurant owner/chef is retiring and selling or leasing this property Property could be divided--as is it offers two separate spaces (w/ sep bathrooms and bars) that are connected via double doors Zoning Corner lot.Heavy commercial.Adjacent to multiple shopping centers,large 7-11,KFC & large office building.Just before first major intersection in FR.

Additional Information

Taxes
$5167
School District
Warren County Public Schools
Flooring
Ceramic Tile
Heating
Forced Air
Heating Fuel
Propane - Leased
Cooling
Central A/C
Utilities
Electric Available, Cable TV Available, Phone Available, Phone, Phone Connected, Propane, Water Available
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty/Lee Beaver & Assoc.. Contact: 7033302222