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