21405 Parks Mill Rd Abingdon, VA 24211
- Retail properties
- 6,730 SF
Current Use by Public Records
- Cascades at Parks Mill / Event Venue
Property Details for 21405 Parks Mill Rd
- Year built
- 2004
- Property size
- 6,730 SF
- Property type
- Retail properties
Description
This exceptional 7.06-acre Washington County, Virginia property presents a rare investment opportunity. The centerpiece is a historic grist mill, originally built in 1780, boasting 6,730 square feet of space across four separate structures. The mill itself retains much of its original 18th-century charm, including vintage milling equipment on the upper floors and a finished first-floor lounge area. A modern single-story bungalow, currently utilized as a bridal suite and vacation rental, offers a bedroom, bathroom, kitchenette, and a spacious deck overlooking Fifteen Mile Creek. Complementing these are a 1,000 square-foot gathering lodge with a wraparound porch and a handicapped-accessible bathhouse with two restrooms. The property's picturesque setting includes a man-made waterfall, paved pathways, multiple outdoor seating areas, fire pits, and ample parking. Adjacent parking, currently leased until 2025, provides additional capacity. The property's unique blend of historical significance and modern amenities makes it ideally suited for a variety of commercial ventures, including event spaces, hospitality, or retail establishments. The property's rich history and stunning natural setting offer an unparalleled opportunity for a discerning investor. The buildings are all single-story. The property is currently operating as "The Cascades at Parks Mill".
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Abingdon
- County
- Washington
- State
- Virginia
- Longitude
- -81.9594
- Latitude
- 36.6433
