$225,000
$389,900
42.3%For more information regarding the value of a property, please contact us for a free consultation.
1,842 SqFt
SOLD DATE : 09/28/2023
Key Details
Sold Price $225,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,842 sqft
Price per Sqft $122
Subdivision Not In Subdivision
MLS Listing ID 9954156
Sold Date 09/28/23
HOA Y/N No
Total Fin. Sqft 1842
Originating Board Tennessee/Virginia Regional MLS
Year Built 1934
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions .27 acres
Property Description
Excellent opportunity to acquire 338 Douglas Dr, a 1841 +/- square foot retail building that previously served as 7 Trails Grill and is primed for an investor to plug in a new restaurant tenant and see untapped potential. A favorite amongst locals yet offers a high-profile location for tourists and passing through travelers. Ideally located in the heart of downtown Damascus, Virginia. The beautiful streets and close proximity of Laurel Creek add to the charm of this small town. The property is within walking distance of numerous restaurants and retail shops, adding to the property's overall walkability. It is positioned on US-58, with close proximity to I-81. High traffic count with its corner location in route from Abingdon to Boone. The new four lane road coming into Damascus is sure to increase traffic and visitors!!
Being previously operated as 7 Trails Grille, many restaurant, essential items are included with the purchase. It is turn key ready to become a destination restaurant and provide a great return on your investment. Main lobby offers seating and countertop service. addition was added to accommodate surplus guests. This is where you will find a beverage bar and can be opened with screening to enjoy those amazing mountain evenings. Opportunities like this are few and far between, so make the appointment for your private showing today!
Location
State VA
County Washington
Community Not In Subdivision
Area 0.27
Zoning C2
Direction I-81N to Exit 19. Right on Lee Hwy. Bear to the right on US-58 towards Damascus. Continue through town and turn right to continue on US-58 (Douglas Dr) Subject is on the left.
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Additional Building(s), Dishwasher, Free Standing, Freezer, Furniture, Gas Grill, Handicap Facilities, Outside Storage, Pole Sign, Refrigeration, Smoke Detector(s), Other
Heat Source Heat Pump
Exterior
Roof Type Metal
Road Frontage City Street, See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 172b3 A 69 004206
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Sandra Snaden • Matt Smith Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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