Property summary
This exceptional 1.66-acre commercial property at 8914 US Highway 211 W in Luray, Virginia, presents a unique investment opportunity. Currently configured as a fully operational restaurant and bar, this versatile space offers over 150 seats spread across four distinct seating areas, including a dedicated bar. The kitchen is fully equipped, ready for immediate use, and includes a walk-in refrigerator and freezer. Enjoy breathtaking 360-degree mountain views from this hilltop location. Ample parking accommodates over 45 vehicles, with excellent highway frontage and a large lot suitable for outdoor events and cooking. A private patio deck provides additional outdoor dining space with stunning views. An attached efficiency apartment/office with a full bath and one bedroom offers added flexibility. The property benefits from high daily foot traffic due to its prime location on US Highway 211, near the popular Luray Caverns tourist attraction. The building features central air conditioning, private restrooms, and a corner location maximizing visibility. Lease terms do not include utilities, property expenses, or building services. This property is ideal for a variety of uses, making it an attractive option for discerning entrepreneurs seeking a turn-key operation or a blank canvas for their business vision. Contact the listing contact for lease rate and additional details.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
C COMMERCIAL · Luray, VAZoning
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Zoning designation
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