Income Producing C-Store/Gas Station/Residence w/Rental Home

Real Estate Auction in 2475 and 2473 Mt Torrey Road, Lyndhurst Virginia, United States

11:00 AM Wednesday
22
March 22nd, 2017

Income Producing C-Store/Gas Station/Residence w/Rental Home

Real Estate Auction in 2475 and 2473 Mt Torrey Road, Lyndhurst Virginia, United States

Wednesday at - 22nd March , 2017

Notes

Buyers premium: 10% Buyers Premium based on the high bid.
Closing: 45-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit due within 2 business days of being notified that you are the successful high bidder.
Broker Coop: 2% of the high bid will be paid to a properly registered broker at settlement.

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Auction Items For Sale

Retirement auction of income producing country store/gas station, primary residence and rental property in Augusta County, VA.

This property is located approximately 7 miles south of Waynesboro, 33 miles from Charlottesville, 21 miles from Staunton and 39 miles from Lexington at the base of the Blue Ridge Mountains. On the primary road to Wintergreen Resort (6 miles away) and 2 miles from Sherando Lake, a fishing, boating, camping site in the George Washington National Forest, this property is also only 3/4 mile from the Appalachian Trail. Clearly, there are unlimited outdoor opportunities for hiking, hunting, horseback riding, fishing, and other nature sports. It is also well situated in the winery, cidery and brewery growth area of the Blue Ridge Mountains.

The Country Store/Gas Station/main home sits on a 9.096 acre level property with woods, open area and a 1/2 acre pond bordering the George Washington National Forest. Adjacent to this parcel is the .6 site that includes the 1,200 sq ft rental property, currently rented for $750/month.

The Country Store has existed in this location for 50 years and includes a well equipped kitchen, deli, dining area, selling wine and beer for off premises, and specialty products. There is a gun shop in the store that is known for reasonable prices on firearms. It offers ethanol-free gas, diesel and kerosene, as well as propane and ice. The store also has 2 stone fireplaces, walk-in coolers and groceries. The fuel island has 2 pumps, 6 dispensers and a full canopy. The store has interior and exterior security systems. The Blue Ridge Parkway offers the view from the front of the building. The exterior of the country store building was recently stained and is in very good condition.

Above the country store is the 3,140+/- sq ft ski chalet style main residence, consisting of 3 bedrooms and 2 baths, but with ample room for additional bedrooms. This living space is designed with exposed beams, large stone fireplace, large master bath with soaking tub and separate shower, and a family room with natural stone floor. The residence can be accessed through the store or from a separate entrance at the rear of the building which includes a deck and handicapped access ramp. The back yard is ample for a garden and leads to the lovely pond.

The 9.6 acre parcel is narrow and deep, with space at the rear of the site currently serving as a shooting/testing range, but offering potential for growth in the business. For instance, cabins would be a charming addition to the pond area and could be rented to AT hikers.

All equipment and inventory will convey, except for the guns and alcohol and certain personal property as listed in the Property Information Package.

Please note that the current owners have both an ABC license and a Firearms Sales license, neither of which are transferable. Buyer would be required to obtain its own firearms and ABC license to continue these operations.