
409 Fritz Street Street, Damascus, VA 24236
Not In Subdivision · Washington County
Key Facts
Description
RARE OPPORTUNITY-LOCATION! LOCATION! LOCATION! Real Estate & Turn-Key Business. Are you looking to step into a successful operation from day one? This is the one! Own 3 businesses in a prime tourist destination. This well-established restaurant, operating successfully for over 35 years, includes a full bar, ice cream shop, and 3 beautifully furnished short term rental units, all located in the heart of Damascus VA. The restaurant, authentically decorated with a farmhouse feel, features an updated full commercial kitchen with efficient production areas, ample cold storage, and a trained staff already in place. Guest enjoys a rustic full-service bar including local craft beers. Seating up to 38 indoors and up to 100 outdoors. An outdoor deck provides additional seating and serves as a perfect space for live entertainment. The ice cream shop, housed in a separate building at the front of the property, offers excellent visibility and charm. Customers can order through a walk-up storefront window or step inside and experience the sweet personality of a classic ice cream parlor-complete with large windows, soft pastel colors, chalkboard art, vintage signs, and a gift shop. Three furnished short-term rental units provide an additional stream of income. Each unit is beautifully decorated, creating a warm, comfortable and memorable home-away-from-home experience for guests. Located in Damascus VA - known as Trail Town USA, this property sits where 7 major trails intersect, drawing visitors from across the country. The most popular of these, The Virginia Creeper Trail, runs directly across the road. Every Hiker & Biker passes right by this property, highlighting its PRIME, HIGH-TRAFFIC LOCATION! After a day on the trail, this restaurant is the first one tourist see at the bottom of the trail. You also have the outdoor enthusiast coming into the area for fishing, hunting, and many other outdoor activities this town has to offer. Opportunities like this are rare-combining lifestyle, multiple income streams, and an unbeatable location. As an added bonus, the current owner has agreed to stay on staff for 3 months to help with the transition.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1957
Living Area
3,370 sq ft
Lot Size
0.40 acres
Lot Dimensions
.4 acres +/-
Zoning
Commercial
Days on Market
3
MLS® Listing#
9990265
Property Features
Appliances
Cooling
Heating
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
172b4 1 10 & 172b4 1 24
Directions
From downtown Damascus, follow Laurel Avenue, turn right onto Douglas Drive, go .5 mile and turn right onto Fritz St. property is on your left.
Affordability Calculator
$150,000
Estimated monthly payment
$3,992/mo
Principal $600,000 · Est. interest $837,053 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Damascus, VA
- $433,333
- Median Listing Price
- 93
- Median Days on Market
- 1,929
- Median Sq Ft
- $238
- Median Price / Sq Ft
- 5
- Active Listings
- This home’s price is 73% above the area median.
- Its price per sq ft is 7% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Damascus, VA.
Location
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EXIT Agents in Damascus
Listing Courtesy: Platinum Properties, Powell, Realtors - 4238634514
Presented by: James Day











