1660 Ballsville Rd - Specialty FOR SALE


Powhatan, VA 23139
$3,200,000 USD
804-266-8831
1660 Ballsville Rd, Powhatan, VA for Sale
$3,200,000 USD
Specialty - FOR SALE
1/19
null | Request Cap Rate

1660 Ballsville Rd
Powhatan, VA 23139


HIGHLIGHTS

  • 245 occupancy
  • 10 acres
  • Accommodations for 40 guests
  • Three parcels
  • Renovated 2012

OVERVIEW

One South Commercial is pleased to share a one-of-a-kind central VA farm estate, in central VA. It is a multi-award-winning event venue and maintains strong brand reputation and online presentation. The property operated as a dairy farm for over seven decades and was transformed in 2012 into a wedding and event venue where 40 guests can stay on property.   The 100 + year old family-owned property has convenient access to major metropolitan areas and is located just one hour from RIC airport. Nestled in Virginia’s countryside, where nationally protected farmlands protect it from future development.  While blending timeless charm with modern upgrades, the farm estate provides a rare turn key successful business opportunity to someone who would like to potentially own the venue, and can also acquire adjacent property for themselves and additional expansion.  The venue boasts two large two-story ADA rustic-chic two story cedar reception barn and ADA all-weather pavilion with both having multiple chandeliers, bistro lighting, and antique furnishings throughout. No expense was spared in the restoration of the uniquely designed 8,000 sq. foot dairy barn and the 4,000 sq. ft. hay barn loft pro is equally stunning. The 3,600 sq. ft historic farm house also panoramic views from every window. There is an adjacent 2,200 sq. ft. Game room building which provides hours of entertainment. The properties offer a stress-free destination experience.     Zoning and infrastructure support expanded commercial applications. This is a buyer’s dream, for some who will acquire a unique piece of history which offers versatility for future applications. Its future is unlimited as high speed internet has finally arrived and there is an 1,100 AC recreational reservoir just a short drive away in a neighboring county. You may never have an opportunity to not only own a piece of history like this in Virginia’s countryside.  HIGHLIGHTS- -ADA-compliant indoor and outdoor event spaces with occupancy for 245  -Upscale full furnished two story seasonally decorated reception barn  -All-weather adjacent pavilion for multiple activities and events  -Transformed fully furnished 8000 sq. ft. dairy barn and 4000 sq. ft hay barn lofts from the 1920's  -1915 farmhouse and game room building 5500 sq. ft.  -On-site upscale accommodations for 40 guests at vacation-style historic residences  -Ten acres of manicured grounds with stamped concrete walkways, wraparound porches, gazebos, expansive decks, and seasonal landscaping  -Additional land available for venue expansion  -High-speed internet and backup generators for each property  -Operational infrastructure: commercial water and septic, electricity, and vendor access points in place with upscale lighting, which includes chandeliers and bistro lighting throughout the venue

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central VA Farm Estate Wedding & Event Venue

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

A-10

APN/PARCEL ID

035-17A,035-17B

ASK ABOUT THIS PROPERTY

Lory MarkhamOne South CommercialMore Info
804-266-8831

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Lory MarkhamOne South CommercialMore Info
804-266-8831

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.