865 John Marshall Hwy - Restaurant FOR SALE


Front Royal, VA 22630
$2,000,000 USD
540-671-6145
865 John Marshall Hwy, Front Royal, VA for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/47
null | Request Cap Rate

865 John Marshall Hwy
Front Royal, VA 22630


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!
  • Owner willing to get creative with sale or lease negotiations and willing to finance with 40% down. Offering lease at $8K NNN--terms negotiable!
  • 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

OVERVIEW

SELLER MOTIVATED to discuss creative sale or lease opportunities at this .69 acre C-1 property in prime location (additional acreage may be available via boundary adjustment per adjacent landowner!). 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 $8k 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/ 40% down. Approximately 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!

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Bar, Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C1

APN/PARCEL ID

20A171-32

ASK ABOUT THIS PROPERTY

Elizabeth WallerKELLER WILLIAMS REALTY LEE BEAVER & ASSOCIATESMore Info
540-671-6145

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Elizabeth WallerKELLER WILLIAMS REALTY LEE BEAVER & ASSOCIATESMore Info
540-671-6145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.