1518 Orkney GradeBasye, VA 22810

Property Details for 1518 Orkney Grade

Year built

1928

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional, fully renovated restaurant in Basye, VA, presents a unique investment opportunity. Completed in 2018, the property boasts a comprehensive overhaul, including new plumbing, electrical systems, HVAC, and roofing. The commercial-grade kitchen is equipped with high-end restaurant equipment, fixtures, and furniture (majority included in sale). The first floor encompasses two spacious dining areas with a combined capacity of 220 guests, a bar area ideal for social gatherings or private events, and attractive front and rear porches perfect for outdoor dining. Upstairs, a potential wine bar area and a private event room offer additional revenue streams and event hosting capabilities. The second floor also includes a rear porch. The building totals 4200+ square feet. The property is conveniently situated near Bryce Resort and Orkney Springs Resort, ensuring a steady flow of tourists and local clientele. This turnkey operation is available for purchase at $1.2 million or lease at $3500 per month (first floor, 2100+ square feet). The property's versatile design suits various dining concepts and special event venues. This is an exceptional opportunity to acquire a thriving restaurant business or lease a fully equipped space in a desirable location.

Location Insight

City

Basye

County

Shenandoah

State

Virginia

Latitude

38.807

Longitude

-78.7898

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