1518 Orkney Grade Basye, VA 22810
- Retail properties
- 4,218 SF
- 0.81 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1518 Orkney Grade
- Year built
- 1928
- Lot size
- 0.81 lot acres
- Property size
- 4,218 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This beautifully renovated, high-end restaurant in Basye, Virginia, presents a unique investment opportunity. The 4,218 square foot building, situated on a 0.814-acre lot, boasts a meticulously upgraded interior completed in 2018. Improvements include new plumbing, electrical, HVAC systems, and a roof. The commercial-grade kitchen is fully equipped with high-end restaurant equipment, fixtures, and furniture (majority included in sale). The first floor features two spacious dining areas with a combined capacity of 220 guests, a bar area ideal for social gatherings or private events, and attractive front and rear porches perfect for outdoor dining. The second floor offers potential for a wine bar or private event space, complete with its own rear porch. The property is zoned commercial and benefits from public water and sewer. Conveniently located near Bryce Resort and Orkney Springs Resort, this restaurant enjoys high visibility and access to a robust tourist and local clientele. The asking price is $1,200,000 (reduced by $200,000). The property is available for purchase as a complete turnkey operation or for lease with the first floor (approximately 2100 square feet) available separately. Built in 1928, this Class A property offers a blend of historic charm and modern amenities, making it an exceptional opportunity for a discerning restaurateur. The property's APN is 065 A 038.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Basye
- County
- Shenandoah
- State
- Virginia
- Longitude
- -78.7897
- Latitude
- 38.8075
