Historic/Restaurant/Residential Apartments

Retail-Commercial for Sale
Catylist Listing ID: 30411323
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 7,544 SF
Sale Price: $375,000
Unit Price: $49.71 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/10/2019

Overview / Comments

Located along the historic district of Valley Street in Scottsville, this property offers charm, space and flexibility for uses. The main level is currently used as a farm to table restaurant by a local entrepreneur. Additional retail uses can complement the main level. The second floor contains four(4) residential units will large open rooms and high ceilings. These units are currently not rented and ready for upgrades and improvements.

Additional Details

Nearest MSA: Charlottesville
County: Buckingham
Tax ID/APN: 130A2-00-00-08100
Zoning: C-1
Retail Clientele: General, Business, Tourist, Other
Property Visibility: Excellent
Feet of Frontage: 66
Highway Access: Fronts on US Highway 20 that runs North to South. Less than one(1) mile from US Route 6 that runs East to West.
Airports: Approximately 35 miles to the Charlottesville/Albemarle airport (CHO)
Site Description: The lot size is approximately .22 acres(9,500 sq. ft.). This commercial building fronts on Valley Street(aka 180 West Main Street). There is limited parking in the rear of the building.
Area Description: This property is located in the central business district of Downtown Scottsville and just a few steps away from the James River.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick exterior with main level store front glass and second floor dental molding.
Total Parking Spaces: 4
Parking Type: Surface
Parking Description: Parking for this building is in the rear of the property that is accessed off of Harrison Street.
Sprinklers: None
Interior Description: The main level is currently used as a farm to table restaurant with a commercial kitchen in the rear of the building. The second floor contains four(4) residential apartments that are currently not leased.
Zoning Description: C-1 and Historic District.
Lot Frontage: 66
Lot Depth: 236
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: Lot 81, Town of Scottsville

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 697 1,645 2,771
Median Age: 42.45 41.59 41.78
Households: 327 715 1,172

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