Clifton Forge, VA 24422

$950,000
Property Type: Commercial Baths: 2 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $950,000 List Date: 5/20/2021 Last Modified: 9/25/2024

Description

Income Producing Turnkey Tavern/Restaurant and Brewery in beautiful Southwestern Virginia are what dreams are made of! This Highly successful business is located downtown Clifton Forge Virginia and has been steadily gaining fans and loyal patrons since 2009. Both the tavern and brewery operate at a profit, with extremely low overhead and minimal advertising. The current owners have invested a lot of time and energy into the community over the last two decades and have built a great fan base for both the tavern and brewery. The Town of Clifton Forge hosts many festivals and events throughout the year, driving business to its few downtown eateries. The business is being sold with the real estate, fixtures, and supplies for a turn-key package

More Information MLS# 880044

Contract Information

Current Price: $950,000 Sold Price: $950,000 List Date: 2021-05-20 Status: Closed

General Property Description

Construction Status: Completed Year Built: 1922 Total Acreage: 0.17 Flood Area: Yes On site Parking: No Gross Building SqFt: 9600 Lease Available: No Basement Y/N: Yes Total Bths: 2 Water Class: N/A

Location Legal Taxes

Area: 2700 - Alleghany County State/Province: VA Zip Code: 24422

Status Change Info

Ratified Contract Dt: 2022-04-01 Sold Date: 2022-07-01 Sold Price: $950,000

Business Type

Type of Business (Historical Field): Tavern and Brewery

Property Features

Limited Service: Not Limited Service Commercial Type: Office; Retail Sale Includes: Building & Land; Other - See Remarks Construction: Brick; Frame; Wood Levels: Two Heating: Heat Pump; Natural Gas Cooling: Heat Pump Floors: Concrete; Laminate Manufactured Homes: No HUD Tag Additional Features: Additional Buildings Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Internet Access: Cable Topography: Level
Listing Office: STERLING REAL ESTATE PARTNERS, LLC
Last Updated: September - 25 - 2024
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