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- LoopNet Team
21405 Parks Mill Rd
Abingdon, VA 24211
Cascades at Historic Parks Mill · Specialty Property For Sale
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6,730 SF
INVESTMENT HIGHLIGHTS
- Pristine setting, turn-key business with multiple development options
PROPERTY FACTS
| Property Type | Specialty | Building Size | 6,730 SF |
| Property Subtype | Lodge/Meeting Hall | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1790/2020 |
| Lot Size | 7.05 AC | Parking Ratio | 7.43/1,000 SF |
| Zoning | A-2 | ||
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 7.05 AC |
| Building Size | 6,730 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1790/2020 |
| Parking Ratio | 7.43/1,000 SF |
| Zoning | A-2 |
AMENITIES
- Waterfront
ABOUT 21405 PARKS MILL RD , ABINGDON, VA 24211
Historic 1790's grist mill in beautiful southwest Virginia countryside. Own a unique piece of history with this multi-structure property that currently functions as an event venue. This gem's 4 structures combine vintage charm and modern luxury. Over 5,000sqft of porches and decks invites people to truly enjoy this serene setting. Surrounded by a 1/2 mile long watershed that cascades through its 5 acres offers multiple additional development opportunities. Remodeled and updated in 2020, this property will sell quickly as it is a turn-key business with room for expansion. Owners have just purchased 2 additional lots and have had them perked (over 5 acres total). Would make a perfect spot for yurts, small cabins or for camping by the beautiful Parks Mill waters. The Cascades at Historic Parks Mill has hosted many weddings, family reunions, and parties of many flavors, Creating lasting memories. Visit, historicparksmill.com for more information. As an event venue (and briefly VRBO - in converted smokehouse) this property has over $60K of revenue in 2021 (less than 1 year in operation, with COVID cancellations) - with 20+ gatherings on the books. Areas include: Lodge, Historic Mill, Bathhouse, Bar, Bistro, Bride's room with private bathroom, Grooms room, Gas fire-pit area, Concrete reception area, 1,200sqft deck in the bend of the watershed, 5,000sqft of covered porches throughout. I-81N, EXIT 17, BEAR RIGHT OFF RAMP ONTO RT. 75. TRAVEL 3.6 MILES THEN TURN LEFT ONTO RT. 672 PARKS MILL ROAD. TRAVEL 1.7 MILES TO PROPERTY ON LEFT. SEE CASCADES AT HISTORIC PARKS MILL SIGNAGE!
PROPERTY TAXES
| Parcel Number | 146-A-46 | Improvements Assessment | $136,800 |
| Land Assessment | $143,500 | Total Assessment | $280,300 |
PROPERTY TAXES
