12018 LEE HIGHWAY
SPERRYVILLE , VA 22740
MLS#: VARP2001114
$1,500,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1908
Sq.Footage
N/A
Don't miss this opportunity to own the iconic Schoolhouse building in the heart of Sperryville, VA. Over 50 years since last listed! This prime location at the corner of Routes 211 and 522 is currently home to a charming southern fare restaurant, vocational school, wine shop, art galleries and more. The historical Sperryville School was built in 1905 and sold by the School Board in 1968 when the new Rappahannock County High School was completed. The building then found new life as the Sperryville Emporium and became the largest business in Sperryville in the 1970s and 1980s. Prime location, 13,000+ sq. ft. commercial building, Thornton River frontage, generous parking lot. This property is truly one of a kind, in beautiful and desirable Rappahannock County. Current annual rental income, when fully occupied is $180,600.00. Recent improvements include a 50KW solar array, new Weill McClain boiler, and complete exterior paint job. The current solar array roughly reduces the building's utility cost by $10,000 per year. Lease information, profit and loss statements and utility information can be provided to qualified buyers.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Multi Units, Zoned
-
Heating YN
YES
-
Heating
Electric, Oil, Active Solar, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
4.12
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,500,000
-
Tax Amount
8878.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
RAPPAHANNOCK
Elementary School
Middle School
High School
Listing Courtesy of Aron L Weisgerber , Keller Williams Realty/Lee Beaver & Assoc.
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AGENT
Laurie Hailey
Call Laurie today to schedule a private showing.
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