Property profile

222 Main St Dayton, VA 22821

FOR SALE
Turn key restaurants
Property ID
US87-2833196
100 SF 0.25 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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No photos on file
For Sale
$619,900 100 SF
222 Main St, Dayton, VA 22821
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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

Current use

Occupant on record · Public records
  • Restaurant

Location

222 Main St Dayton, VA 22821
Dayton metro Census 11400 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
1 recorded transaction
2019
$400,000

Zoning & alternative use

GEN AGRICULTURAL DIST · Dayton, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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