16525 BOOKER T WASHINGTON HWY 16525 & 16503, Moneta, VA 24121 (MLS# 779256)

$1,250,000
16525 BOOKER T WASHINGTON HWY 16525 & 16503
Moneta, VA 24121
MLS# 779256
7 baths
LOCATED CONVENIENTLY ON THE SOUTH SIDE OF THE RT. 122 BRIDGE OVER THE LAKE. TRAFFIC COUNT OVER 8000/DAY! THIS IS THE MAIN DRAG FOR BOTH CAR AND BOAT TRAFFIC!
  1 / 54  
LOCATED CONVENIENTLY ON THE SOUTH SIDE OF THE RT. 122 BRIDGE OVER THE LAKE. TRAFFIC COUNT OVER 8000/DAY! THIS IS THE MAIN DRAG FOR BOTH CAR AND BOAT TRAFFIC! ALL BUILDINGS CURRENTLY LEASED AT 100% CAPACITY! BOAT RENTAL SERVICE, PWC RENTALS, GAS, FISHING BAIT & SUPPLIES, FISHING GUIDE SERVICE, RETAIL STORES, REAL ESTATE OFFICES, BOAT AND MOTOR REPAIR SHOPS, APPRAISER SERVICE, MORTGAGE COMPANY, BOAT SLIP LEASES, BOAT RAMP. SEVERAL LONG TERM TENANTS. WELL ESTABLISHED BOAT RENTAL LOCATION WITH GAS, BAIT AND FISHING GUIDE SERVICE! 16'x68' BUILDING WITH LOWER LEVEL STORAGE. RENTAL PLEASURE BOATS, PONTOON BOATS AND JET SKIS. VERBAL APPROVAL OBTAINED TO INCREASE THE NUMBER OF COVERED DRY BOAT SLIPS. ASK LISTING AGENT FOR DETAILS. EASY ACCESS FROM THE LAKE. HOME OF WEEKLY FISHING TOURNAMENT. SMITH MOUNTAIN LAKE IS ONE OF THE BEST FISHING LAKES ON THE EAST COAST! RECENTLY SPONSORED TWO ESPN ELITE BASS PRO CONTESTS! MARINE FUEL ON SITE! ENVIRONMENTAL ASSESSMENT IN COMPLIANCE FOR NEXT 3 YEARS AND ON FILE! EASY LAKE ACCESS! LOTS OF WET STORAGE FOR RENTAL FLEET AND CUSTOMERS 10 LEASED COVERED DRY SLIPS WITH ELECTRIC LIFTS AT 100% OCCUPANCY RATE! 11 WET SLIPS ON LAKE END OF BUILDING, 4 CURRENTLY LEASED. LONG TIME TENANT WITH EXCELLENT BUSINESS. LOTS OF ROOM FOR STORAGE CONVENIENTLY LOCATED ON RT. 122 AT THE HALES FORD BRIDGE. THIS IS THE ONLY BRIDGE THAT CROSSES THE MAIN SECTION OF THE LAKE. MORE ROOM FOR STORAGE BOAT REPAIR SHOP BUILDING 24' x 40' HIGH VISIBILITY FROM THE LAKE AS WELL AS FROM THE HIGHWAY! RECENT ENVIRONMENTAL ASSESSMENT COMPLETED AND IN COMPLIANCE. NEXT ASSESSMENT SCHEDULED IN THREE YEARS! 5 ELECTRIC COVERED JET SKI LIFTS FISH CLEANING STATION CONVENIENTLY LOCATED WITH RUNNING WATER. ONE OF THE FEW PRIVATE LAKE ACCESS RAMPS IN THE AREA OPEN TO THE PUBLIC FOR A SMALL DONATION PLENTY OF ROOM FOR BOAT STORAGE MORE BOAT STORAGE MORE BOAT STORAGE STILL MORE BOAT STORAGE 4 OF THESE 11 WET SLIPS HAVE YEARLY RENTAL AGREEMENTS THESE WET SLIPS CAN BE REPLACED WITH ANOTHER COVERED BOAT HOUSE FOR DRY SLIPS WITH ELECTRIC LIFTS. POTENTIAL FOR 20-30 ADDITIONAL SLIPS. ASK LISTING AGENT FOR DETAILS. PLENTY OF ROOM FOR MARINA SHOPPERS AND FISHERMEN PLENTY OF ROOM TO TIE UP AT THE MARINA 16525 BOOKER T WASHINGTON HIGHWAY MAIN LEVEL RETAIL STORE, UPPER LEVEL REAL ESTATE OFFICE AND APARTMENT. RETAIL STORE IS HANDICAP ASSESSABLE. REAR OF BUILDING WITH TWO OUTSIDE BATHROOMS FOR MARINA VISITORS REAL ESTATE OFFICE SIDE DECK ON UPPER LEVEL. WONDERFUL VIEWS! LARGE REAR DECK FOR REAL ESTATE OFFICE AND APARTMENT. GREAT VIEWS! 16503 BOOKER T WASHINGTON HIGHWAY. CURRENTLY AT 100% OCCUPANCY. LOTS OF OFFICE OPTIONS AVAILABLE. CONVENIENTLY LOCATED AT THE BRIDGE ACROSS FROM BRIDGEWATER PLAZA. HANDICAP ACCESSIBLE. LOTS OF OPTIONS AVAILABLE IN THE REAR OF THE BUILDING. RETAIL, OFFICE AND/OR SHOP POTENTIAL. REAR OF BUILDING. PLENTY OF PARKING. REAR OF OFFICE BUILDING WITH STATIONARY DOCK AND FLOATER LOOKING DOWN ON THE LARGE REAR DECK. GREAT FOR ENTERTAINING OR JUST KICKING BACK ON A TOUGH DAY! CONVENIENT DOCKAGE FOR VISITORS VIEW OF THE BOAT RAMP AND STATIONARY DOCK REAR PARKING LOT WITH LOTS OF ROOM LOCATED JUST ACROSS THE STREET! 2nd TOWER IS SCHEDULED TO BE BUILT WHEN ECONOMY RECOVERS. FOUNDATION WORK IS ALREADY COMPLETE FOR 2nd TOWER. LOTS OF POTENTIAL CLIENTS LOOKING FOR MARINA SERVICES!!! LOCATED DIRECTLY ACROSS THE STREET FROM THE MARINA! LOTS OF RESTAURANTS, RETAIL STORES AND AN ARCADE BRING TONS OF VISITORS TO THE VICINITY. LOCATED ACROSS THE STREET IN THE BRIDGEWATER PLAZA. OVER 700 MEMBERS AND GROWING. Aerial View Aerial View Aerial View Aerial View Covered Docks & Some of the Open Slips Office Complex with Boat Ramp Covered Docks & some of the Open Slips Open Slipa Captains Qtrs Marina Marina Office Complex

Property Description
Great Investment Opportunity located at Hales Ford Bridge! Traffic Count is 8,000 a day,Captains Qtrs. Marina, Boat Repair, Retail Shop, Offices, 2 Bedroom Apt, 1 Bedroom Apt.,10 Covered Docks and 31 Open Slips, 5 PWC slips,Concrete Boat Ramp, 6.73 Total Acres w/1.32 Above the 800' and 5.41' Below the 800'.

Details
Maps
General Property Description
Construction Status: Completed
Total Acreage: 1.38
Road Frontage: 437
Traffic Count: 8000
Flood Area: No
On site Parking: Yes
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Gross Building SqFt: 8657
Length of Waterfront: 508
Lease Available: No
Year Built: 1980
Total Bths: 7
Location, Tax & Legal
Major Area: 04 - Franklin County
Unit #: 16525 & 16503
Tax ID: 0150005702 & 0150005709
Annual Taxes: 9058
Zoning Code: B2
Area: 0490 - SML Franklin County
Street Number: 16525
Street Name: BOOKER T WASHINGTON HWY
State/Province: VA
Zip Code: 24121
Municipality: Franklin County
Remarks & Misc
Directions: Across the street from Bridgewater Plaza beside Hales Ford Bridge
Limited Service
Not Limited Service: 1
Construction
Frame: 1
Commercial Type
Investment: 1
Office: 1
Retail: 1
Views
Lake: 1
Sunset: 1
Business Type
Type of Business (Historical Field): Marina, Retail,Office,Apts.
Sale Includes
Building & Land: 1
Heating
Heat Pump: 1
Miscellaneous Info
Equipment Pass: No
Inventory Included: No
Cooling
Heat Pump: 1
Water Description
Private Water: 1
Documents Available
Environmental Asmnt: 1
Survey: 1
Topo/Aerial Map: 1
Traffic Count: 1
Sewer Description
Private Sewer: 1
Manufactured Homes
No HUD Tag: 1
Roof System
Shingle: 1
Floors
Carpet: 1
Concrete: 1
Vinyl: 1
Boat Dock Desc
A-Roof: 1
Boat Hoist: 1
Floater: 1
Party Deck: 1
Pers Wtr Craft Lift: 1
Water Features
Main Channel: 1
Point: 1
Riprap Shoreline: 1
Other Water Details
Channel Marker: R28
Shoreline Mgmt Plan: YES
Nbr of Covered Slips: 10
Nbr of Uncvrd Slips: 31
Topography
Level: 1
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
List Date: 2012-02-28
Status: Closed
Status Change Info
Ratified Contract Dt: 2012-03-17
Sold Date: 2012-04-12
Sold Price: $1,250,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Office; Retail
Sale Includes: Building & Land
Construction: Frame
Roof System: Shingle
Heating: Heat Pump
Cooling: Heat Pump
Floors: Carpet; Concrete; Vinyl
Manufactured Homes: No HUD Tag
Water Description: Private Water
Sewer Description: Private Sewer
Documents Available: Environmental Asmnt; Survey; Topo/Aerial Map; Traffic Count
Topography: Level
Views: Lake; Sunset
Boat Dock Desc: A-Roof; Boat Hoist; Floater; Party Deck; Pers Wtr Craft Lift
Water Features: Main Channel; Point; Riprap Shoreline
Listing Office: RE/MAX LAKEFRONT REALTY INC

Last Updated: September - 12 - 2024

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

Search powered by FBS Products