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409 Fritz Street Street

Damascus VA 24236
MLS #9990265 · Listing Courtesy of Platinum Properties, Powell, Realtors
$750,000
Active
3,370
Sq Ft
0.4
Acres
1957
Built
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Property Description
RARE OPPORTUNITY-LOCATION! LOCATION! LOCATION! Real Estate & Turn-Key Business. Are you looking to step into a successful operation from day one? This is the one! Own 3 businesses in a prime tourist destination. This well-established restaurant, operating successfully for over 35 years, includes a full bar, ice cream shop, and 3 beautifully furnished short term rental units, all located in the heart of Damascus VA. The restaurant, authentically decorated with a farmhouse feel, features an updated full commercial kitchen with efficient production areas, ample cold storage, and a trained staff already in place. Guest enjoys a rustic full-service bar including local craft beers. Seating up to 38 indoors and up to 100 outdoors. An outdoor deck provides additional seating and serves as a perfect space for live entertainment. The ice cream shop, housed in a separate building at the front of the property, offers excellent visibility and charm. Customers can order through a walk-up storefront window or step inside and experience the sweet personality of a classic ice cream parlor-complete with large windows, soft pastel colors, chalkboard art, vintage signs, and a gift shop. Three furnished short-term rental units provide an additional stream of income. Each unit is beautifully decorated, creating a warm, comfortable and memorable home-away-from-home experience for guests. Located in Damascus VA - known as Trail Town USA, this property sits where 7 major trails intersect, drawing visitors from across the country. The most popular of these, The Virginia Creeper Trail, runs directly across the road. Every Hiker & Biker passes right by this property, highlighting its PRIME, HIGH-TRAFFIC LOCATION! After a day on the trail, this restaurant is the first one tourist see at the bottom of the trail. You also have the outdoor enthusiast coming into the area for fishing, hunting, and many other outdoor activities this town has to offer. Opportunities like this are rare-combining lifestyle, multiple income streams, and an unbeatable location. As an added bonus, the current owner has agreed to stay on staff for 3 months to help with the transition.
Property Facts
Property TypeCommercial Sale
MLS Number9990265
City Taxes$1,140.80
County Taxes$1,066.40
Features & Amenities
Interior
Additional Building(s)
Dumpster
Fire Alarm
Fire Sprinkler System
Freezer
Handicap Access
Handicap Facilities
Heat Pump
Pole Sign
Refrigeration
Security System
Exterior
City Street
Finished Lot(s)
Metal Roof
Vinyl Siding Exterior
Other
220 Volts
Bar/Tavern/Lounge
Electricity Connected
Public Sewer
Public Water
Restaurant
Sewer Connected
Updated/Remodeled Condition
Water Connected
Directions
From downtown Damascus, follow Laurel Avenue, turn right onto Douglas Drive, go .5 mile and turn right onto Fritz St. property is on your left.
  • Additional Information
    AC
    OtherYes
    Business Type
    OtherYes
    Contract Info
    ForeclosureNo
    General Property Description
    Annual Lease0
    HOANo
    LeaseNo
    Lot Size.4 acres +/-
    Total Finished SqFt3,370
    Unfinished SqFt0
    ZoningCommercial
    Heating
    OtherYes
    Info Available
    OtherYes
    Location Tax Legal Info
    Deed Book #210,000,911
    Other Equipment
    See RemarksYes
    Restrictions
    OtherYes
    Sale Includes
    See RemarksYes
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