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702 North Beaver Dam Avenue, Damascus, VA 24236 - $995,000

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Blue Ridge Properties Listing

702 North Beaver Dam Avenue, Damascus, VA 24236 (MLS #9968802)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial

Sub Type:

MLS Number: 9968802

Lot Acreage: 0.38000

Living Area: 5,440

Year Built:2007

Elementary School:

Middle School:

High School:

Public Remarks: Amazing building of over 5000 sq ft and situated on the Creeper Trail and Laurel Creek!! Locations like this do not come along very often, so this is a rare opportunity! The closest entrance to the Creeper Trail is just a short distance to add to its desirability. Currently, the Virginia Creeper Lodge offers the best of many investment worlds. The main level consists of one 2-bedroom unit currently rented at $850/mo and three studio units. Two of the studios are actively rented for $750 and the 3rd will be filled for this amount as of August 1. The rear of the main level offers a private, covered deck for relaxation and access to the community laundry room. Photos offer pics of a studio unit which has been virtually staged & the two bedroom. Unlimited options with this main level. They could continue to be month to month rentals or market as lodging suites. Maybe live and operate on site to maximize revenue. Minimal modifications needed to tweak and suite your business model. Upstairs is a massive deck overlooking the Creeper Trail and Laurel Creek. Great for all social occasions and enjoyment of serenity and nature. The main entrance to the lodging units is located here. A large community area for relaxation or TV watching occupies half the area while a full kitchen and oversize custom table is perfect to gather and enjoy a meal or interact with other guests. There are six, double queen rooms for nightly rental options. Each room has more than ample space and large baths for guest comfort. Four of the rooms are on this second level with a beautiful walkway providing access for two additional. Perfect for retreats or group functions!! Being operated as a lodge and rentals for many years but now needs the dedication to take it to the next level. River front properties are a high commodity and this marque building in Damascus offers that rare opportunity for the savvy buyer. Call today for your private viewing to witness all this gem has to offer!

Listing Courtesy:Matt Smith Realty

More Listing Info:

AC:Heat Pump3: true

AC:Other5: true

AC:Wall Unit(s): true

Business Type:HotelMotel2: true

Business Type:Residential2: true

Business Type:See Remarks33: true

Contract Info:Foreclosure: No

Development Status:Finished Lot(s): true

Electric Service:220 Volts: true

Electric Service:Other34: true

Exterior Finish:Wood Siding: true

General Property Description:# Parking Spaces: 10

General Property Description:# Restrooms: 10

General Property Description:Acres: 0.38

General Property Description:Annual Lease: 105101.79

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: .38 ac

General Property Description:Road Frontage Length: 322

General Property Description:Stories3: 2.5

General Property Description:Total SqFt Finished: 5440.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: 0

Heating:Heat Pump2: true

Heating:Other12: true

Info Available:Aerial: true

Info Available:Floor Plan: true

Info Available:ProfitLoss Statement: true

Location Tax Legal Info:City Taxes: 1471.54

Location Tax Legal Info:County Taxes: 1919.4

Location Tax Legal Info:Deed Book #: 14

Location Tax Legal Info:Deed Page #: 3405

Other Equipment:Cable TV2: true

Other Equipment:Dishwasher2: true

Other Equipment:Dryer2: true

Other Equipment:Furniture: true

Other Equipment:Gas Grill: true

Other Equipment:Other39: true

Other Equipment:Range2: true

Other Equipment:Refrigerator2: true

Other Equipment:See Remarks38: true

Other Equipment:Smoke Detector(s)2: true

Other Equipment:Washer2: true

Property Condition:Above Average: true

Property Condition:UpdatedRemodeled: true

Remarks Misc:Directions3: I-81N to Exit 19. Right on Main and continue to bear to the right onto Hwy 58. Continue into the Town of Damascus, property is on the left.

Remarks Misc:Public Remarks2: Amazing building of over 5000 sq ft and situated on the Creeper Trail and Laurel Creek!! Locations like this do not come along very often, so this is a rare opportunity! The closest entrance to the Creeper Trail is just a short distance to add to its desirability. Currently, the Virginia Creeper Lodge offers the best of many investment worlds. The main level consists of one 2-bedroom unit currently rented at $850/mo and three studio units. Two of the studios are actively rented for $750 and the 3rd will be filled for this amount as of August 1. The rear of the main level offers a private, covered deck for relaxation and access to the community laundry room. Photos offer pics of a studio unit which has been virtually staged & the two bedroom. Unlimited options with this main level. They could continue to be month to month rentals or market as lodging suites. Maybe live and operate on site to maximize revenue. Minimal modifications needed to tweak and suite your business model. Upstairs is a massive deck overlooking the Creeper Trail and Laurel Creek. Great for all social occasions and enjoyment of serenity and nature. The main entrance to the lodging units is located here. A large community area for relaxation or TV watching occupies half the area while a full kitchen and oversize custom table is perfect to gather and enjoy a meal or interact with other guests. There are six, double queen rooms for nightly rental options. Each room has more than ample space and large baths for guest comfort. Four of the rooms are on this second level with a beautiful walkway providing access for two additional. Perfect for retreats or group functions!! Being operated as a lodge and rentals for many years but now needs the dedication to take it to the next level. River front properties are a high commodity and this marque building in Damascus offers that rare opportunity for the savvy buyer. Call today for your private viewing to witness all this gem has to offer!

Restrictions:Other37: true

Road Access:Highway: true

Road Access:See Remarks32: true

Roof:Shingle: true

Sale Includes:Fee Simple: true

Sale Includes:See Remarks35: true

Sewer:Public Sewer: true

Utilities:Cable Available: true

Utilities:Cable Connected3: true

Utilities:Electricity Connected: true

Utilities:Propane5: true

Utilities:Sewer Connected: true

Utilities:Water Connected: true

Water:Public: true