Montpelier Station VA Real Estate & Commercial for Sale

SPERRYVILLE HAS BECOME A THRIVING AREA FOR TOURIST COMING OUT OF THE CITIES TO CAMP, CANOE, HIKE, AND TO WATCH THE CHANGING OF THE LEAVES, THIS AMAZING PROPERTY IS IN THE PERFECT LOCATION AND HAS SO MANY WAYS TO ATRACT TOURIST THAT YOU WILL WANT TO CHECK IT OUT. PERFECT LOCATION TO ATTRACT EVERYONE ON THE WAY UP OR COMING BACK DOWN FROM THE MOUNTAINS AND THE PARKS. IF YOU HAVE BEEN THINKING OF STARTING A BUSINESS OR THINKING OF EXPANDING ON A RESTAURANT, THIS IS THE PLACE THAT YOU HAVE BEEN LOOKING FOR, 5,000 SQ FT OF USABLE BUILDING SPACE THAT CAN BE USED FOR A VARIETY OF DIFFERENT BUSINESSES/OPPORTUNITIES. ALL OF THE FIXTURES WILL CONVEY, IT IS A TRUELY PUT TOGETHER AND THOUGHT OUT PROPERTY. WAITING ON THE RIGHT PERSON. IF YOU ARE LOOKING FOR A RESTAURANT IT WILL SEAT 50 PEOPLE INSIDE AND 50 PEOPLE OUTSIDE, THIS BUILDING IS ALL CONNECTED TO A GENERATOR FOR THOSE TIMES THAT THE UTILITIES MAY GO OUT. GREAT PLACE FOR THE LOCALS TO COME AND CHAT WITH A VARIETY OF DIFFERENT SERVICES THAT YOU MAY BE THINKING OF OFFERING.

Introducing a unique opportunity to purchase a community of nine single-family homes and five finished lots in Albemarle County with an additional eleven lots permitted by-right. The property is included within the 5,000 acres comprising Mount Ida Reserve. Each home and lot are located within minutes of the Tasting Room & Tap House at Mount Ida Reserve and downtown Charlottesville, the Farms at Jefferson Mill is a beautiful neighborhood of colonial homes situated on over 250 acres of rolling hills with extensive road and river frontage. The homes are thoughtfully constructed with similar footprints for easy management. Each home lot boasts hardi-plank siding, 2,100 -3,000 square feet of living space, 4-5 bedrooms, 3.5-2.5 baths, attached 2 car garage, 20 x 12 deck and an 1,100 square foot unfinished walk-out basement roughed in for an additional bedroom and bathroom. In addition to the nine existing homes, the assemblage offers five additional buildable lots plus another eleven development rights on the remainder of the acreage for a total of 25 potential homes that can be constructed by-right. Existing infrastructure (underground electric and fiber) are in place. The Farms at Jefferson Mill can be operated as a single-family home community or managed as a short- or long-term rental community to serve the more than 50,000 annual guests of Mount Ida Reserve. Historically, long-term rentals generate an annual income of $228,000, while short-term rentals have proven to be more profitable, with recent annual earnings of $288,000. The demand for short-term rentals is remarkably consistent, with weekends generating $3,000 per stay. Coupled with this income, the additional by-right development offers extensive upside for a rarified investment opportunity.