Views
Listed By:
Address
8079 Route 259, Lost River, WV
Price
$ 1,745,000
Property Attributes
  • MLS#WVHD2002086
  • TypeCommercial
  • CountyHARDY
  • CityLost River
  • Zip26810
  • StyleHotel/Motel,Restaurant/Bar,Bed and Breakfast
  • Year Built1950
  • Taxes$ 3483
  • Price$ 1,745,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10244
  • Lot Size3.75 Acres
Data Source:
Bright MLS
Property Description

The Lost River Grill, Motel & B&B is a turnkey operation. Currently owned by the same owners for the last 20 years. The Grill & TK's lounge consists of 120 seats and 10 seats at the Bar. The Grill & Lounge is a combination of old & new and is very warm and inviting with knotty pine walls and ceilings and colorful artwork from local artists TK's Lounge has a neighborhood bar atmosphere, with colorful seasonal lights, cowhide chairs , tv's and assorted mounted local animals. The Grill & the lounge has dinner specials every night and an additional specials menu on the weekend. The Motel has 9 rooms and a laundry room. Each room has 2 double beds and a private bathroom. The Bed & Breakfast is an old farmhouse that was renovated in 2005. It's Lower level has a kitchen, laundry room, dining room and gathering room. The second floor has 4 en-suite rooms and the third floor is an owners apartment. There are 2 screened in porches and a front porch to enjoy the Valley views. Next to the house is a 2 story building with storage on the first level and a gym on the top level. The Lost River flows south to north through the valley of the same name ,parallel to the Shenandoah Valley and the I-81 corridor. Our Valley lies between Great North Mountain to the east and South Branch Mountain to the west. With its natural resources, spectacular views and easy pace, the valley is a favorite weekend destination for Washingtonians and anyone else seeking to escape the hustle and bustle of city life. Whether your ideal weekend involves hip waders and a fly rod or a good book and a pair of comfortable shoes, you'll find what you're looking for in and around Lost River. There is plenty to do in Lost River. Enjoy, hiking and swimming at Lost River State Park. Hiking, camping, fishing & swimming at Rockcliffe Lake/Trout Pond. We are located equal distance to Harrisonburg Va and Winchester VA. and are about an hour from Timberline Ski Resort, Black Water Falls and Thomas & Davis..

Price History
4/27/2024 Listed $1,745,000

General Features

Sewer On Site Septic
Heating Forced Air,Wall Unit
Cooling Ceiling Fan(s),Central A/C,Wall Unit
Utilities Multiple Phone Lines,Cable TV,Propane
Possession Negotiable
Roof Metal,Shingle
Zoning 321
Construction Materials Brick,Cedar
Year Built 1950
Electric 120/240V,3 Phases
View Creek/Stream,Mountain,Panoramic
Property SubType Five Or More Units
Tax Year 2022
Current Use Bar,Commercial,Other
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 800000.00
OwnerPays All Utilities
Business Type Hotel/Motel,Restaurant/Bar,Bed and Breakfast
Accessibility 32 + wide Doors
County HARDY
Operating Expense 0.00
New Construction No
Property Type Commercial Sale
Subdivision Name NONE
Possible Use Restaurant,Bar/Tavern/Lounge,Bed & Breakfast
Water Access Y/N No
Property Use Owner User
Status ACTIVE
Directions From Corridor H west take Baker Exit and follow 259 south approximately 8 miles,it is on the left.
ModificationTimestamp 2024-05-16T13:22:53
City LOST RIVER
Buyer Agent Compensation 2
Disclosures Agent has Financial Interest,Agent Related to Owner,Owner RE Licensee
Total Units 9
Lot Size Square Feet 163350.00
Tax Assessed Value 372900.0
Waterfront Y/N No
Street Name ROUTE 259
Tax Annual Amount 3483.0
Property Condition Very Good
Price Per Sq Ft Total 170.34
Acceptable Financing Cash,Conventional
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 20
Location Type Highway
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Propane - Leased
Flooring Concrete,Fully Carpeted,Tile/Brick,Vinyl,Wood
Hot Water Electric,Multi-tank
Heating Y/N Yes
Central Air Y/N Yes
Total Restrooms 15

Exterior Features

Parking Features Paved Parking
Lot Features Stream/Creek
Water Source Well
Inclusions See attached documents
Total Parking Spaces 30
Type of Parking Parking Lot
Land Use Code 014
Water View Y/N Yes
Building Area Total 10244.00
Lot Size Acres 3.75
Road Surface Type US Highway/Interstate,Paved
Road Frontage Length 816
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
Land Assessed Value 63600.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 30

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 26810

Price
AVG $1.75M
$1.75M
Taxes
AVG $3,483
$3,483
Visits
AVG 26
25
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1950

Areas We Cover