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    Veterans Memorial Hwy Ridgeley, WV 26753

    Sponsored
    For Sale
    $190,000

    Spacious 4,787 sq ft, Mountain Views

    Property size:
    4,787 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Ridgeley, WV property, formerly the Legz Gold Lounge, offers 4,787 square feet of finished space on a 0.62-acre lot. The building features two bar areas, perfect for a lively atmosphere, along with a pool table, a stage ideal for live performances, and ample dressing rooms/storage. The layout also includes a dedicated office space, ensuring efficient management. The property boasts a fully equipped kitchen, suitable for catering or food service operations, and three restrooms for guest convenience. A large, fenced-in rear yard provides space for outdoor seating and gatherings, complementing the spacious parking lot and a two-car garage. Access is convenient with two points of entry and exit. Inside, comfort is ensured year-round with forced air oil heat and central air conditioning. The unfinished basement offers significant additional space and boasts over 200 amps of power. Stunning mountain views add to the property's allure. This versatile venue presents a unique opportunity for a variety of entertainment or commercial ventures. The property is located on Veterans Memorial Highway in Ridgeley, WV.

    Property Features for Veterans Memorial Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,787 SF

    Building Details

    Year Built
    1941
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ridgeley
    County
    Mineral
    State
    West Virginia
    Longitude
    -78.76628
    Latitude
    39.64814

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious 4,787 sq ft, Mountain Views
    Where is this commercial real estate located?
    The property is located at Veterans Memorial Hwy Ridgeley, WV.
    What is the asking price?
    The asking price for this property is $190,000.
    (888) 860-7369
    Request Owner's contact information
    Veterans Memorial Hwy Ridgeley, WV 26753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Veterans Memorial Hwy Ridgeley, WV 26753
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