2175 Hankey Mountain Hwy - Retail FOR SALE


Churchville, VA 24421
$50,000 USD
540-220-1130
2175 Hankey Mountain Hwy, Churchville, VA for Sale
$50,000 USD
Retail - FOR SALE
1/75
null | Request Cap Rate

NEW


2175 Hankey Mountain Hwy
Churchville, VA 24421


OVERVIEW

PUBLIC REAL ESTATE AUCTION EVENT SELLING to the HIGHEST BIDDER!! Established in 1929, White’s Wayside Diner was a beloved hidden gem nestled in the Shenandoah Valley—esteemed for its historic ambiance, warm hospitality, homemade bread, and farm-to-table traditions. The owners are retiring, and have entrusted us to market & sell the commercial building and the adjacent 3 BR/3 BA home to the HIGHEST BIDDER!! Bid & Buy at YOUR PRICE!! You will also have an opportunity to purchase an adjacent move-in ready 3 BR/3 BA home on 1.8 +/- acres w/325' +/- of road frontage!! Live On-Site Auction w/Live Real Time Online Simulcast Bidding for Your Convenience!! Need a Mortgage?....Just click on one of the lenders in the "Financing" menu above. Property Tours: Friday, July 25 @ 4pm & Monday, July 28 @ 2pm SHARP!! Please contact Josh Puffenbarger for more information or for showing instructions, and feel free to bring your building inspector (540-421-5007) . 2,468 +/- sf. commercial building/restaurant on .97 +/- acres w/225' +/- of Rt. 250 frontage & 215' +/- of Stover Shop Rd. frontage The 2,468 +/- sf. building features 1 full & 2 half bathrooms, 28 person seating capacity (dining area), commercial kitchen, 2 offices, laundry area & 2 front porches (all restaurant equipment will be able to be purchased at a later date). The majority of the main level has been remodeled and is in excellent condition. You could literally be in business as soon as you close!! Heated and cooled w/4 mini-split systems Building obtains the majority of it's power from solar panels; 14KW backup generator; propane for fryers & cooktop Hardwood flooring Asphalt parking area; privacy fence to side & rear of the building Well (tested monthly for commercial use to the public) & engineered septic system Detached storage building Although not currently utilized, fiber optic (MGW Lingo) is available Located directly on Rt. 250, 13 miles to Staunton, 16 miles to I-81, and only a short drive to Harrisonburg, JMU, Shenandoah Valley Airport, Waynesboro & Charlottesville, VA!! Tax Maps: 015-21; Deed Book: 1357/428; Zoned: GA (special use permit in place to operate restaurant); Yearly real estate taxes: $1,837.68; Building was constructed in 1929 and has exposed log, stucco & wood exterior; $10,000 deposit (certified check ONLY) is due immediately after confirmation of final bid, must be shown at registration and the balance due at closing within 45 days; WE GUARANTEE A FREE & CLEAR DEED Only $50,000 Suggested Starting Bid!!

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

"White's Wayside"--Commercial Building/Restau

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

GA

APN/PARCEL ID

015-21

ASK ABOUT THIS PROPERTY

John NichollsNicholls Auction Marketing GroupMore Info
540-220-1130

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John NichollsNicholls Auction Marketing GroupMore Info
540-220-1130

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