Views
Listed By:
RE/MAX Allegiance
Address
7783 Main Street, Middletown, VA
Price
$ 1,350,000
Property Attributes
  • MLS#VAFV2012428
  • TypeContingent
  • CountyFREDERICK
  • CityMiddletown
  • Zip22645
  • StyleBed and Breakfast,Hotel/Motel,Restaurant/Bar,/Gene
  • Year Built1797
  • Taxes$ 8137
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25000
  • Lot Size3.88 Acres
Data Source:
Bright MLS
Property Description

Unlock the potential of a timeless landmark with the Wayside Inn, a historic gem nestled in the heart of Middletown, Virginia. This unique property not only boasts a rich history dating back to the 18th century but also offers 22 suites all with bathrooms, 3 bars (tavern, bourbon & Speakeasy, The RED HAT), huge entertaining space for events. This is a prime commercial opportunity with an expansive land for expansion. Just under 4 acres zoned B1. With 4 acres of commercially-zoned land at your disposal, envision the expansion possibilities that could elevate this historic landmark into a thriving hub of activity. Take advantage of the ample space to create a vibrant commercial district that complements the historic character of the Wayside Inn, making it a destination for locals and tourists alike. Situated in the picturesque Shenandoah Valley, the Wayside Inn offers a scenic backdrop that enhances the allure of any commercial venture. The expansive grounds provide ample room for outdoor amenities, gardens, or additional structures to further enhance the property's appeal. Benefit from the strategic location of Middletown, with easy access to major transportation routes. The Wayside Inn's proximity to popular attractions, historic sites, and a supportive local community makes it an ideal location for a successful and sustainable business venture. Don't miss the chance to own a piece of history with a promising future. The Wayside Inn presents a rare investment opportunity where historic charm meets commercial potential. Whether you're an entrepreneur seeking a unique venture or a developer with a vision, this property is your canvas to create something extraordinary. Seize the moment and transform the future of the Wayside Inn. Embrace the legacy, write the next chapter, and make this historic landmark a cornerstone of Middletown's thriving community. Fully running and doing great, we have changed management and its now positive cash flow. its prime for an owner occupant. call for details and appointments

Price History
1/11/2024 Listed $1,450,000
1/30/2024 7% - $1,350,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C,Ceiling Fan(s)
Possession Settlement
Roof Metal,Flat
Zoning B1
Security Features Smoke Detector,Surveillance Sys,Security System
Construction Materials Brick
Year Built 1797
Electric 3 Phases,220 Volts
View Mountain,Trees/Woods
Property SubType Special Purpose
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Bed and Breakfast,Hotel/Motel,Restaurant/Bar,Other/General Retail,Day Care Facility,Medical,Professional,Recreation,Religious Facility
Accessibility 36 + wide Halls,Ramp - Main Level
County FREDERICK
New Construction No
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge,Bed & Breakfast,Day Care,Flex Space,Florist/Nursery,Food & Beverage,Hotel/Motel,Recreational,Restaurant,Senior Assisted/Day Care,Apartment Building,Church,Commercial,Institutional,M
Water Access Y/N No
Property Use Investment
Status ACTIVE UNDER CONTRACT
Directions Downtown Middletown. 66,to 81 north first exit to Middletown,Left,left again on main street to The Wayside Inn on the right.
ModificationTimestamp 2024-04-12T09:20:58
City MIDDLETOWN
Buyer Agent Compensation 2.5
Disclosures Lead Based Paint - Federal,Owner RE Licensee,Prop Disclaimer
Zoning Description plenty of land to break off for development with tons of options. 2 acres easily cut off.
Lot Size Square Feet 169013.00
Tax Assessed Value 1146100.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 8137.0
Property Condition Excellent
Price Per Sq Ft 64.84
Acceptable Financing Other,Private,Negotiable,Conventional
Historic Y/N Yes
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 91
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision MIDDLETOWN
Tax Lot 11
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas,Multi-tank
Total Stories 3
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes
Total Restrooms 28
Entry Level 1

Exterior Features

Parking Features Paved Parking,Lighted Parking
Lot Features Adjoins - Public Land,Backs to Trees,Premium
Water Source Public
Inclusions Fully furnished and operational. High end kitchen too that is absolutely huge.
Total Parking Spaces 150
Type of Parking Parking Lot
Land Use Code 4
Foundation Details Block,Permanent
Water View Y/N No
Building Area Total 20820.00
Lot Size Acres 3.88
Lot Size Units Square Feet
Lot Size Source Assessor
Other Equipment Negotiable
Total Loading Docks 1
Land Assessed Value 507000.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N Yes
Car Parking Spaces 120

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 Contingent Average in 22645

Price
AVG $1.33M
$1.35M
Taxes
AVG $3,234
$8,137
Visits
AVG 387
29
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1797

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