278 Park Ave, Danville, WV 25053

0.94 ac lot

Entity Owned Free & Clear

Property ID

US94-1251225

$299,000

278 Park Ave, Danville, WV 25053
View Listing →

Google Maps

This exceptional investment opportunity encompasses a well-established restaurant and motel in Danville, WV, a true landmark serving the community for 42 years. The restaurant boasts a spacious layout, comfortably seating approximately 160 patrons across three distinct dining areas. Fully equipped and ready for immediate operation, it benefits from a loyal customer base built over decades, attracting consistent lunch, after-work, and weekend crowds. The attached motel comprises 18 rooms, generating substantial supplemental income. This combined operation presents a strong financial foundation, with significant potential for further growth. The property features ample paved parking and extends to the riverfront, offering unique possibilities for expansion, such as kayak rentals or other water-related activities. The existing motel rooms could also be repurposed into office spaces for additional rental income, showcasing the versatility of this property. The 2,690 square foot building sits on a 1.41-acre lot. The asking price is $299,000. Additional parcel numbers are available upon request. This turnkey operation is ideal for an entrepreneur seeking a proven business with substantial upside. The long-standing reputation and diverse income streams make this a truly compelling investment.