865 John Marshall HighwayFront Royal, VA 22630

Description

ATTRACTIVE PRIVATE FINANCING OPTION AVAILABLE! Also for lease at 6k NNN! With an acceptable offer, buyer may be eligible to privately finance up to $725,000 at 7% interest, amortized over 30 years, with a 5-year balloon! SELLER MOTIVATED to discuss creative sale or lease opportunities at this .69 acre C-1 property in prime location. DC TOURISTS headed to Shenandoah National Park entrance (at mile 0 of the well-traveled Skyline Drive in Front Royal) & on the way to the Shenandoah River State Park MUST PASS THIS LOCATION if following GPS from DC! Adjacent to a gas station and shopping center (with Big Lots, Harbor Freight and more) near the intersection of Rt 55 and Rt 522, several large shopping centers and a plethora of businesses and food establishments. Perfect for investors looking for a property to LAND LEASE & excellent opportunity for all sorts of businesses needing excess PARKING (60+ spaces possible). Property was remodeled and updated in 2021 and is currently home to an 18+ year popular restaurant (seller plans to retire and pursue other ventures). As designed currently, the property offers a 38x36 banquet/meeting room with separate men’s and women’s restrooms and second bar area through double doors that could be an independent space with private entrance (plus access to rear potential outdoor seating). Main dining space measures 37x34 with a 24 ft bar area and a private men’s and women’s restrooms. Kitchen/prep/storage/office area is huge with a rear entrance and access to a partial basement for excess storage. Restaurant equipment is negotiable. Seller is also offering a reduced $7k NNN lease and willing to offer creative terms. Ideal location for RETAIL, RESTAURANT, BANK, CONVENIENCE STORE, GAS STATION, OFFICE, BOUTIQUE HOTEL, FARM MARKET, VAPE STORE, DRIVE THROUGH (2 curb entrances from John Marshall Hwy) or even a much needed TESLA SUPERCHARGING STATION for those traveling on Skyline Drive. Seller will consider attractive owner financing terms w/ 60% down. Approx 4 miles from both I-66 Exit 13 & I-66 Exit 6, 11 miles from the I-66 & I-81 intersection yet under 70 miles from Washington DC and 55 miles from Washington Dulles International Airport. Easy to show! Video tours available! HIGHLIGHTS__Approx 4 miles from both I-66 Exit 13 & Exit 6, 11 miles from the I-66 /I-81 intersection yet under 70 miles from Washington DC and 55 miles from IAD. MUST pass this location when following GPS from DC to Shenandoah River, Shenandoah River State Park, Skyline Drive Entrance, Shenandoah National Park Fantastic signage/billboard on property! Corner lot near the first busy intersection coming into Front Royal from Northern VA! Additional Acreage may be available via boundary adjustment per adjacent landowner! Owner willing to get creative with sale or lease negotiations and willing to finance with 60% down. Currently home to an 18+ year proven successful restaurant business--Restaurant owner/chef is retiring and selling or leasing this property Property could be divided--as is it offers two separate spaces (w/ sep bathrooms and bars) that are connected via double doors Zoning C1 Corner lot.Heavy commercial.Adjacent to multiple shopping centers,large 7-11,KFC & large office building.Just before first major intersection in FR.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1980

Building area

4,684 Sq Ft

Lot size

0.69 acres

Parking spaces

60

Zoning

COMM

Days on market

740

MLS^® Listing#

VAWR2009080

Property Features

Cooling

Central Air · Electric

Heating

Propane · Forced Air

Flooring

Ceramic Tile

Parking

Parking Lot

Lot features

Corner Lot · Level

Construction

Stucco · Concrete · Frame

Utilities

Cable Available · Phone Available · Phone Connected · Propane · Water Available · Electricity Available

Sewer

Public Sewer

Water source

Public

Schools

District

WARREN COUNTY PUBLIC SCHOOLS

Financial Details

Annual taxes

$5,167Tax year 2022

Assessed value

$767,100

Parcel number

20A171 32

Directions

Washington DC to I-66W exit 13 (Linden), L at exit ramp stoplight, R at light onto John Marshall Hwy (Rt 55) through 2 lights to L into parking lot immediately before first major intersection in Front Royal.