21 Polk St Montross, VA 22520-2771

Property Details for 21 Polk St

Construction

WOOD

Zone code

SF

Property type

Commercial real estate

APN

34A2 1 3 1C

APU

34A2131C

Description

This exceptional commercial property at 21 Polk St, Montross, VA 22520, presents a unique investment opportunity. The 6,290 square foot building, constructed in 1683 and situated on a 0.62-acre lot, boasts a diverse range of income-generating spaces. Currently operating as a thriving bed and breakfast, it features seven guest suites with individually controlled heating and air conditioning, a restaurant with a large commercial kitchen (including two walk-in refrigerators and a full-size ice machine), and a lower-level pub with a 40-seat capacity and separate entrance. The first-floor dining room comfortably seats up to 60 guests, offering versatile options for various events and dining arrangements. The second floor houses five beautifully appointed guest rooms, each with a private full bathroom and access to a shared sitting area. A third-floor space, accessible via both a private entrance and the second-floor sitting area, offers two additional bedrooms, each with its own full bathroom (one bathroom is not fully completed), providing potential for expansion as additional guest rooms or a private residence. The property also includes ample parking for 40 vehicles. The asking price is $599,000, with a price per square foot of $109.54. The property is currently 100% occupied under a gross lease with one year remaining on the lease. The permitted zoning is COMMERCIAL, and the APN is 34A2 1 3 1C. This turnkey operation is ideally positioned to capitalize on the area's thriving tourism industry, with nearby attractions including wineries, museums, farms, and historical sites. Serious inquiries only