Veterans Memorial Hwy Ridgeley, WV 26753
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.