865 John Marshall Hwy
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865 John Marshall Hwy
4,684 SF Retail Building Front Royal, VA 22630 $2,000,000 ($427/SF)
Investment Highlights
- Approx 4 miles from both I-66 Exit 13 & Exit 6, 11 miles from the I-66 /I-81 intersection yet under 70 miles from Washington DC and 55 miles from IAD
- Fantastic signage/billboard on property! Corner lot near the first busy intersection coming into Front Royal from Northern VA!
- Currently home to an 18+ year proven successful restaurant business--Restaurant owner/chef is retiring and selling or leasing this property
- MUST pass this location when following GPS from DC to Shenandoah River, Shenandoah River State Park, Skyline Drive Entrance, Shenandoah National Park
- Owner willing to get creative with sale or lease negotiations and willing to finance with 40% down. Offering lease at $8K NNN--terms negotiable!
- Property could be divided--as is it offers two separate spaces (w/ sep bathrooms and bars) that are connected via double doors
Executive Summary
SELLER MOTIVATED to discuss creative sale or lease opportunities at this .69 acre C-1 property in prime location (additional acreage may be available via boundary adjustment per adjacent landowner!). DC TOURISTS headed to Shenandoah National Park entrance (at mile 0 of the well-traveled Skyline Drive in Front Royal) & on the way to the Shenandoah River State Park MUST PASS THIS LOCATION if following GPS from DC! Adjacent to a gas station and shopping center (with Big Lots, Harbor Freight and more) near the intersection of Rt 55 and Rt 522, several large shopping centers and a plethora of businesses and food establishments. Perfect for investors looking for a property to LAND LEASE & excellent opportunity for all sorts of businesses needing excess PARKING (60+ spaces possible). Property was remodeled and updated in 2021 and is currently home to an 18+ year popular restaurant (seller plans to retire and pursue other ventures). As designed currently, the property offers a 38x36 banquet/meeting room with separate men’s and women’s restrooms and second bar area through double doors that could be an independent space with private entrance (plus access to rear potential outdoor seating). Main dining space measures 37x34 with a 24 ft bar area and a private men’s and women’s restrooms. Kitchen/prep/storage/office area is huge with a rear entrance and access to a partial basement for excess storage. Restaurant equipment is negotiable. Seller is also offering $8k NNN lease and willing to offer creative terms. Ideal location for RETAIL, RESTAURANT, BANK, CONVENIENCE STORE, GAS STATION, OFFICE, BOUTIQUE HOTEL, FARM MARKET, VAPE STORE, DRIVE THROUGH (2 curb entrances from John Marshall Hwy) or even a much needed TESLA SUPERCHARGING STATION for those traveling on Skyline Drive. Seller will consider attractive owner financing terms w/ 40% down. Approximately 4 miles from both I-66 Exit 13 & I-66 Exit 6, 11 miles from the I-66 & I-81 intersection yet under 70 miles from Washington DC and 55 miles from Washington Dulles International Airport. Easy to show! Video tours available!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,684 SF
Building Class
C
Year Built/Renovated
1980/2021
Price
$2,000,000
Price Per SF
$427
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.69 AC
Zoning
C1 - Corner lot. Heavy commercial.Adjacent to multiple shopping centers,large 7-11,KFC & large office building. Just before first major intersection in FR.
Parking
60 Spaces (12.81 Spaces per 1,000 SF Leased)
Frontage
170 FT on John Marshall Highway
Amenities
- 24 Hour Access
- Conferencing Facility
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Recessed Lighting
- Air Conditioning
- Fiber Optic Internet
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Soul Mountain Restaurant & Bar
- Accommodation and Food Services
- 4,684 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Soul Mountain Restaurant & Bar | Accommodation and Food Services | 4,684 SF | - | - |
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
6,444
16,395
27,822
33,485
2029 Population
6,727
17,054
28,983
34,767
2024-2029 Projected Population Growth
4.4%
4.0%
4.2%
3.8%
Median Age
41.3
40.5
40.9
41.7
College Degree + Higher
16%
18%
21%
15%
Daytime Employees
4,319
10,012
13,166
13,464
Total Businesses
535
1,197
1,494
1,605
Average Household Income
$86,095
$88,335
$93,424
$97,598
Median Household Income
$60,157
$61,995
$68,906
$72,619
Total Consumer Spending
$77.9M
$199.2M
$351.9M
$436.8M
2024 Households
2,620
6,417
10,564
12,676
Average Home Value
$274,420
$299,238
$339,402
$358,556
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Castiglia's Restaurant | Pizza | $$$ | 3 min walk |
| Starbucks | Cafe | $ | 4 min walk |
| Hong Kong Chinese Restaurant | Chinese | $ | 3 min walk |
| KFC | - | - | 4 min walk |
| Mom's Country Kitchen | American | $ | 4 min walk |
| Mojo's Grill & Bar | Grill | $$ | 6 min walk |
| McDonald's | - | - | 8 min walk |
| El Maguey Mexican El Maguey Mexican | Mexican | $$ | 8 min walk |
| Domino’s | - | - | 8 min walk |
| Dunkin' | Cafe | - | 10 min walk |
Retail |
||
|---|---|---|
| 7-Eleven | Convenience Market | 2 min walk |
| CVS pharmacy | Drug Store | 3 min walk |
| Myeyedr | Optical | 2 min walk |
| Harbor Freight Tools | Hardware | 3 min walk |
| Family Dollar | Dollar/Variety/Thrift | 3 min walk |
| Big Lots | Discount Store | 3 min walk |
| Dollar General | Dollar/Variety/Thrift | 4 min walk |
| Goodwill | Dollar/Variety/Thrift | 3 min walk |
| Speedway | Convenience Market | 5 min walk |
| Gold's Gym | Fitness | 7 min walk |
Hotels |
|
|---|---|
| Hampton by Hilton |
105 rooms
11 min drive
|
| TownePlace Suites |
84 rooms
12 min drive
|
PROPERTY TAXES
| Parcel Number | 20A171-32 | Improvements Assessment | $403,800 |
| Land Assessment | $363,300 | Total Assessment | $767,100 |
PROPERTY TAXES
Parcel Number
20A171-32
Land Assessment
$363,300
Improvements Assessment
$403,800
Total Assessment
$767,100
Sale Advisor
Sale Advisor
Elizabeth Waller, Real Estate Associate Broker
(540) 671-6145
Contact
Beth Medved Waller is an active top producing real estate associate broker with Keller Williams Solutions in Virginia, USA. She closed her independent thriving boutique brokerage, Team Waller Real Estate, in 2017 to focus on expanding her philanthropic initiatives and launch a 501(c)(3) nonprofit called WHAT MATTERS. Beth has been recognized locally, regionally and nationally for her real estate and volunteer accomplishments, including being named a “Top 10 Video Influencer in the Real Estate Industry” by Bomb Bomb in 2017 and a “Caught-in-Culture Superstar” by Keller Williams, VA/WVA Region in 2019. Learn more at www.whatmattersw2.com or bethwaller.kw.com.<br>
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865 John Marshall Hwy
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