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865 John Marshall Hwy

4,684 SF Retail Building Front Royal, VA 22630 $2,834,840 CAD ($605 CAD/SF)

Investment 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
  • Fantastic signage/billboard on property! Corner lot near the first busy intersection coming into Front Royal from Northern VA!
  • Currently home to an 18+ year proven successful restaurant business--Restaurant owner/chef is retiring and selling or leasing this property
  • MUST pass this location when following GPS from DC to Shenandoah River, Shenandoah River State Park, Skyline Drive Entrance, Shenandoah National Park
  • Owner willing to get creative with sale or lease negotiations and willing to finance with 40% down. Offering lease at $8K NNN--terms negotiable!
  • Property could be divided--as is it offers two separate spaces (w/ sep bathrooms and bars) that are connected via double doors

Executive Summary

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!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,684 SF
Building Class
C
Year Built/Renovated
1980/2021
Price
$2,834,840 CAD
Price Per SF
$605 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
0.69 AC
Zoning
C1 - Corner lot. Heavy commercial.Adjacent to multiple shopping centers,large 7-11,KFC & large office building. Just before first major intersection in FR.
Parking
60 Spaces (12.81 Spaces per 1,000 SF Leased)
Frontage
170 ft on John Marshall Highway

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Recessed Lighting
  • Air Conditioning
  • Fiber Optic Internet

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Soul Mountain Restaurant & Bar
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Soul Mountain Restaurant & Bar - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20A171-32
Land Assessment
$511,864 CAD
Improvements Assessment
$568,926 CAD
Total Assessment
$1,080,790 CAD
  • Listing ID: 33156050

  • Date on Market: 2024-09-12

  • Last Updated:

  • Address: 865 John Marshall Hwy, Front Royal, VA 22630

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