Inn in Afton Virginia

Hospitality for Sale
Catylist Listing ID: 30210193
Property Subtypes: Inn
Number of Units: 7 Units
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $679,000
Unit Price: $97,000 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

Wonderful commercial space located in the popular northern portion of Nelson County, currently zoned B-1 with a commercial entrance. Currently being run as a successful 7 room inn, each room with its own private bath and entrance. The building also has a large meeting/living room, with half bath and communal kitchen. Could continue to be run as an Inn (owner could live in the suite which offers a private kitchen, bath, living, fireplace, laundry, & private entry while operating the inn), or modified to any number of businesses. Engineered Septic System in place with enough flow for expansion. Building has 2- 199,000 BTU On Demand hot water heaters. 6- 27 Seer ductless units in rooms 1-6. Traditional HVAC to power room 7 and common areas. 8800 cars per day pass the property. New roof 2017. Commercial fire system. Furniture less than 3 years old and is negotiable as part of the sale. Name of business & 14 Passenger Bus are negotiable! Square Footage is approximate. Short term owner financing possible!!

Attachments & Media

Additional Details

Nearest MSA: Charlottesville
County: Nelson
Taxing Authority: Nelson County
Tax ID/APN: 12-A-143
Zoning: B1
Property Located Between: Route 250 and Wintergreen Resort on Route 151
Property Visibility: Excellent
Largest Nearby Street: Route 151 ( Rockfish Valley Highway)
Feet of Frontage: 100
Highway Access: Route 151 to Route 250 to I64 or Route 151 to Rt 29
Airports: CHO RIC Lynchburg
Nearby Attractions: Wintergreen Resort, Nelson 151 Trail, Wineries, Breweries, Cideries, Restaurants, Antiques, Distillery
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1958
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Wood Siding
Total Parking Spaces: 12
Parking Type: Surface
Sprinklers: Wet
Laundry: Shared
Heat Type: Electricity
Heat Source: Wall Units, Heat Pump
Air Conditioning: Other
Internet Access: DSL
Zoning Description: B-1
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress, Utilities
Legal Description: 7847 Rockfish Valley Hwy Falls-Medical Building

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,210 6,849
Median Age: 52.68 49.44
Households: 1,413 2,918

Contact

Photograph of Listing Agent

Chastity Morgan

MOUNTAIN AREA REALTY CVCMLS Member
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