18 Old Ml Rd, Washington, VA 22747
This exceptional 18th-century grist mill, situated on nearly four acres in the charming, historic village of Little Washington, Virginia, presents a unique commercial opportunity. The property boasts a remarkably well-preserved structure, showcasing stunning stonework and a spacious interior. Previous owners have invested significant resources in preparing the mill for adaptive reuse, developing preliminary concepts and plans for various commercial applications. The property's layout offers flexibility. The western portion of the land is well-suited for new construction, providing ample space for parking and a convenient entrance. The eastern portion features the renovated mill building itself, along with attractive outdoor areas ideal for various uses. The picturesque riverfront setting, complete with nearby stone outcroppings, creates a captivating backdrop for events or gatherings. The mill's solid structure and expansive interior offer considerable potential for a variety of commercial ventures. This is a rare opportunity to acquire a piece of history with significant commercial development potential in a highly desirable location. The property is listed at $1,000,000.
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
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No recorded transactions found for this property.
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Risks
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