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574 Pine Grove RoadBluemont, VA 20135MLS Number VACL2001398

  • Price: $689,000
  • 24 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
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  • 2.28Acreage
  • 1950Year Built
  • 2Units
  • 2022Assessment Year
This well known, well located and much loved Pine Grove Restaurant and property is for Sale. Successfully lease operated as a local community and tourist destination restaurant for the last 20 years. Located on the Western Slopes of the Blue Ridge Mountain just above the Shenandoah river just off rte 7. This premier location is at the center of one of Loudoun and Clarke Counties Wineries, Breweries and Tourism's busiest areas. In addition there are 2 very active Appalachian Trail heads and there are also at least 6 popular Breweries and wineries with 2 miles along with a number of farm related tourist attractions. The 2.28 acres are zoned Neighborhood Commercial. The restaurant closed in April after the last tenant moved on and the current owners would like to sell the property, business and all the equipment. Some of which includes a 60" Vulcan thermostat controlled flat top grill, 6 foot True sandwich prep, True double door refrigerator and other freezers and refrigerators, fryer, microwaves, coffee maker and a POS system with tablets and ticket printers. Also includes all the furnishings and smallwares. It does not include the ATM or Soda Fountain. While there have been a number of inquiries to lease the operation the property is not currently offered for lease and the equipment is not available for purchase separately. In addition to the indoor seating there is a popular outdoor covered patio dining area. This property offers numerous opportunities that have not been utilized in the previous operation such as Retail, Convenience, and Beer and Wine sales both on and off, soft serve, health food and CBD, Specialty coffee etc. There are also a number of AIRBNB opportunities and there is an apartment (currently occupied) that could be a monthly or daily rental. The current apartment tenant would like 60 days after closing to relocate. Below the apartment is an additional space that could also serve as a separate retail or other use and could also be remodeled into another rental unit. In addition there is a separate approved 5 bdrm perc that could be used to build an owners residence or a small country inn. The business has successfully operated continuously for the last 20 years and while the facility could certainly benefit from a good cleaning and some remodeling there is nothing currently known that would prevent it from opening again tomorrow. There is a creek that runs thru the property along the southern border that would be suitable for several camping or yurt locations. There is also a couple organic garden spaces, a small greenhouse, blueberry bushes and a couple apple and a peach tree. The drain field is commercial grade and has a permit in place for up to 1300 gallons discharge per day. Currently during peak operations the average use was less than 500 gallons. The well is tested for the State, quarterly, and is considered a public well. The community would love to see this Restaurant reopened but there are also many other potential uses either together or separately. If you are not inclined to run a restaurant but have use for other aspects of the property one could lease the Restaurant out. There has been a number of inquiries in this regard but the current owners want to sell the property.
Listed by Glen R Poe, Realty FC LLC

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Basic Information

  • Broker NameRealty FC
  • List Price$689,000
  • MLS NumberVACL2001398
  • MLS Property TypeCommercial Sale
  • StatusACT
  • Units2

Building

  • Building Area SourceAssessor
  • Construction MaterialsBlock, Cedar
  • FoundationBlock
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces41
  • Year Built1950

Amenities

  • Accessibility Amenities36"+ wide Halls, Level Entry - Main

Other

  • ExclusionsATM and Soda Fountain
  • View Count1

Tax Information

  • Assessment Year2022
  • City Town Tax Payment FrequencyAnnually
  • County Tax1756
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount288000
  • Tax Lot26
  • Tax Year2022
  • Taxes$1,756
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage2.28
  • Business TypeVet/Kennel, Professional, Other/General Retail, Hair Salon and Spa, Garden Center, Convenience Store/Gas, Bed and Breakfast, Restaurant/Bar
  • Lot DescriptionBacks to Trees, Stream/Creek
  • Lot Size SourceAssessor
  • Lot Size Square Feet99,317
  • Property ConditionGood
  • Property SubTypeMixed Use
  • ZoningCN
  • Zoning DescriptionCN or Neighborhood Commercial. Allows uses like Restaurants, Retail, Country Inns, catering Service businesses plus special uses

Parking

  • Assigned Parking Spaces
  • Parking TypesParking Lot

Basic Information

  • Date Listed09/12/2022

Location

  • Address574 Pine Grove Road
  • Building Number574
  • CountyClarke
  • DirectionsRte 7 to Pine Grove Rd.
  • StateVA
  • TownBluemont
  • Zip20135

Exterior

  • RoofArchitectural Shingle

Utilities

  • CoolingHeat Pump(s), Ductless/Mini-Split
  • Cooling FuelElectric
  • Electric200+ Amp Service
  • Heat SystemHeat Pump - Electric BackUp
  • Heating FuelElectric
  • Heating YNYes
  • SewerSeptic Exists
  • UtilitiesCable TV, Phone
  • Water HeaterElectric
  • Water SourceWell

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Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 5, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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