Bought with T.C. Johnson Realty
$150,000
$195,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
Wv State Fairgrounds, Lewisburg Frankford, WV 24938
2,160 SqFt
Key Details
Sold Price $150,000
Property Type Commercial
Sub Type Restaurant/Entertainment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $69
MLS Listing ID RX-10648924
Sold Date 03/24/22
Construction Status Resale
Year Built 1986
Annual Tax Amount $102
Tax Year 2021
Property Sub-Type Restaurant/Entertainment
Property Description
SERIOUS INCOME! Very Good Cap Rate & within 50% Cash Flow Rule, High Customer Traffic Flow, Restaurant Building & Business located in WV State Fairgrounds, Value much higher than price. Well Established, Profitable, Turnkey, Very Clean, Well Maintained, A/C, includes: Building, Business, Trade Name, Equipment, Back Up Equipment, Supplies, Inventory, 3 Customer Seating Sections, Take Out Window, Full 2nd Floor Storage, Office/Sleeping Quarters, Owner offers Business Support. Great 1031 Exchange Opportunity. Owner may carry, Professional Commercial Kitchen includes: Grill, Flat, Convection Oven, Cold Prep Station, Warmers, Heat Lamps, Coolers, 4 Freezers, Cash Register. can open for other events & catering to expand revenue, workers in place, Highly sought out location, Owner retiring,
Location
State WV
County Greenbrier
Area 5960
Zoning CG,CRE
Interior
Heating Other
Cooling Ceiling Fan, Central, Electric
Flooring Concrete, Linoleum, Other
Fireplaces Type Smoke Detector
Exterior
Utilities Available 110, 201+ Amp, 220, Electric, Public Sewer, Public Water
Roof Type Metal
Building
Story 100.00
Foundation Frame, Other, Woodside
Construction Status Resale
Others
Security Features Motion Detector,Security Patrol,Security Sys-Owned,TV Camera
Acceptable Financing Cash, Conventional, Other, Owner 2nd
Listing Terms Cash, Conventional, Other, Owner 2nd
Financing Cash,Conventional,Other,Owner 2nd
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