702 N Beaver Dam Ave Active

Damascus,VA 24236

$ 995000

- Bed

- Bath

5440 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Other

Listing Status Active

Purchase Type For Rent

Square Footage 5,440 sqft

MLS Listing ID 95548

Tax Year 2023

Property Description

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.

Location

State VA

County Damascus

Area Washington-Va

Direction 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.

Interior

Interior Features Other-See Remarks

Heating Central Heat Pump,Mini Split,Other-See Remarks

Cooling Central Air,Heat Pump,Mini Split

Flooring Wood Floors

Heat Source Central Heat Pump,Mini Split,Other-See Remarks

Exterior

Exterior Feature Wood Siding

Garage Composition

Utilities Available Cable Available,Electricity Connected,Phone Available,Other

Amenities Available Motel/Hotel,Other

Roof Type Composition

Road Frontage 322

Building

Building Description Wood Siding, Wood Siding

Faces 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.

Sewer Public Sewer

Water Public

Structure Type Wood Siding

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