409 Fritz ST Active

Damascus,VA 24236

$ 750000

- Bed

0 Bath

3370 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,370 sqft

Price per Sqft $222

Subdivision Not Listed

MLS Listing ID 9977247

HOA Y/N No

Total Fin. Sqft 3370

Originating Board Tennessee/Virginia Regional MLS

Year Built 1957

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions 90x188

Property Description

Offered with multiple purchase/ lease scenarios. This Established Restaurant and Ice Cream shop offers a great opportunity to own an income producing restaurant in the community of Damascus, Virginia. Restaurant building offers a bar/dining area, full commercial kitchen and 3 furnished, efficiency short term rental units to provide additional income throughout the year. The external Ice Cream shop/gift shop provides another revenue stream, and the shared outdoor deck and patio provide ample outdoor seating for local entertainment. Seller is asking $750,000 for all real estate and transfer of ownership of the restaurant and all FFE. Restaurant is also available for purchase with a lease of the real estate. Showings will only be conducted with an accepted Letter of Intent. Full Financial information will be provided during the Due Diligence period. Owner has agreed to stay on staff for 3 months to transition any new owner.

Location

State VA

County Washington

Community Not Listed

Area 0.4

Zoning DAMASCUS

Direction From Downtown Damascus follow Laurel Ave. toward Douglas Dr. Turn Right on Douglas Dr. Follow Douglas Dr. to Left on Fritz St.

Interior

Heating Fireplace(s),Heat Pump

Cooling Heat Pump,Other

Equipment Additional Building(s),Dishwasher,Dryer,Furniture,Range,Refrigeration,Refrigerator,Smoke Detector(s),Washer,See Remarks

Heat Source Fireplace(s),Heat Pump

Exterior

Roof Type Metal

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Others

Senior Community No

Tax ID 172b4 1 10 003833

Acceptable Financing Cash,Conventional,Indiv/Seller Financing

Listing Terms Cash,Conventional,Indiv/Seller Financing

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