For Sale
$4,000,000

632 Milroy Grose RdLansing, WV 25862

West Virginia Campground with Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents the New River Gorge Campground, a thriving business situated on 45.38 acres in Lansing, West Virginia. Conveniently located just two miles from the iconic New River Gorge Bridge and directly on Route 19, this property boasts significant visibility and accessibility. The campground currently features 30 RV hookups, including 28 with 50-amp service, providing ample capacity for recreational vehicles. Further enhancing its income potential are existing rental units on the site. The property also includes a substantial 4,188 square-foot home with five bedrooms and 2.2 bathrooms, currently held under a life estate. The total building square footage across all structures is 13,896 square feet. The expansive acreage offers considerable potential for future development, complemented by its favorable zoning designation of P-D and R-R. Parcel numbers are 10-42-53, 10-42-52, and 10-42-83 in Fayette County. This turnkey operation presents a unique blend of established income and significant growth opportunities in a highly desirable location. The asking price for this remarkable property is $4,000,000. This is a rare chance to acquire a well-established campground with substantial expansion potential in a rapidly growing tourism area. The property's prime location and existing infrastructure make it an ideal investment for both seasoned entrepreneurs and newcomers to the hospitality industry. Don't miss this opportunity to own a piece of West Virginia's natural beauty and thriving tourism market.

Highlights

  • Thriving New River Gorge Campground on 45.38 acres in Lansing, WV.
  • Prime location: two miles from New River Gorge Bridge, directly on Route 19.
  • 30 RV hookups (28 with 50-amp service) plus existing rental units.
  • 4,188 sq ft, 5 bed/2.2 bath home (life estate). Total building sq ft: 13,896.
  • P-D and R-R zoning allows for future development. Parcel numbers: 10-42-53, 10-42-52, and 10-42-83 (Fayette County).
  • Asking price: $4,000,000.

Property Details for 632 Milroy Grose Rd

Property type
Specialty properties, Campgrounds
Square Feet
13,896 SF
Lot Size (sq. ft)
1,976,753 SF

Location Insight

City
Lansing
County
Fayette
State
West Virginia
Latitude
38.087174645297
Longitude
-81.055965865879
632 Milroy Grose Rd, Lansing, West Virginia

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632 Milroy Grose Rd
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