Damascus VA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
3,370
Status:
Active
MLS#:
9990265
Type:
General Commercial
Subdivision:
Not In Subdivision
Lot size:
0.4 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Copper Key Properties Powell, Realtors 423-863-4514
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ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Damascus Real Estate

Damascus is located in Virginia. Damascus, Virginia has a population of 666. Damascus is less family-centric than the surrounding county with 20.38% of the households containing married families with children. The county average for households married with children is 25.39%.

The median household income in Damascus, Virginia is $30,139. The median household income for the surrounding county is $54,737 compared to the national median of $69,021. The median age of people living in Damascus is 47.5 years.

Damascus Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 45.8 inches per year, with 12.4 inches of snow per year.

Damascus Map

Damascus Real Estate Market Conditions

  • Median sales price

    $260,000
    22.5%
    change since last quarter
  • # Active listings

    7
    30-day change

Damascus Schools and Demographics

Education near Damascus, VA

City County
High School Graduates 93.4 87.89
College Degree - 2 year 9.8 9.84
College Degree - 4 year 20.6 24.65
Graduate Degree 6.4 6.35
Expenditures per Student 11,401 11,401
Students per Teacher 11.7 11.7

Elementary Schools near Damascus, VA

Grades Students P/T Ratio ZIP
Chilhowie Elementary School PK - 05 606 18.2 24319
Meadowview Elementary School PK - 05 647 17.3 24361
Rhea Valley Elementary School PK - 05 456 14 24361
Watauga Elementary School PK - 05 572 15.7 24211

Middle Schools near Damascus, VA

Grades Students P/T Ratio ZIP
Chilhowie Middle School 06 - 08 322 13.2 24319
Damascus Middle School 06 - 08 242 12.2 24236
Glade Spring Middle School 06 - 08 295 13.2 24340

High Schools near Damascus, VA

Grades Students P/T Ratio ZIP
Chilhowie High School 09 - 12 437 13.8 24319
Holston High School 09 - 12 299 12.4 24236
Patrick Henry High School 09 - 12 412 13.9 24340

Demographics near Damascus, VA

City County
Neighborhood Type Small town
Population 666 53,997
Population Density 836 96
Median Age 47.5 46.6
People per Household 2 2.4
Median Household Income 30,139 54,737
Average Income per Capita 26,752 30,771

Real estate near Damascus