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    FOR SALE
    Turn key restaurants

    222 Main St, Dayton, VA 22821

    100 SF 0.25 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US87-2833196
    Property summary
    AI-generated overview

    This exceptional turnkey opportunity encompasses the historic Thomas House Restaurant & Inn, located in Dayton, VA's vibrant downtown. The property, situated on a 0.46-acre lot, boasts a rich history dating back to 1815, with additions in 1854 and 1960. The main structure, originally built in 1815, features 5 bedrooms and 4 bathrooms, offering ample living space. A separate 1-bedroom, 1-bathroom apartment with a private entrance and a roughed-in bathroom (formerly a second apartment) is also included, along with an unfinished basement. The Thomas House Restaurant, established in the 1960s, offers substantial seating capacity and utilizes private rooms within the home for group dining and events. All inventory, furnishings, and fixtures are included in the sale price of $985,000, making this a truly turnkey operation. The property presents excellent live/work potential, blending historical charm with a thriving business. The restaurant's continuous operation since the 1960s speaks to its established clientele and strong potential for continued success. This unique property offers a rare chance to own a piece of Shenandoah Valley history and a well-established business. The property's size, at 8,244 square feet, provides ample space for both residential and commercial use.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Total area 100 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code GEN AGRICULTURAL DIST
    APN 107D2-(A)- L100
    UPID US87-2833196
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Thomas House Properties LLC · 6 yrs held
    Thomas House Properties LLC
    since 2019
    1 recorded transaction
    2019
    $400,000
    Zoning & alternative use
    GEN AGRICULTURAL DIST · Dayton, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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