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454 William Ave
Davis, WV 26260
Retail Property For Sale
EXECUTIVE SUMMARY
Location, location, location, right in the heart of the charming mountain town of Davis, West Virginia, this historic property presents a rare, turn-key business opportunity. The proverbial table has been set for your success! Milo's Restaurant & Bar has become the go-to place for fine dining & fine spirits. And, comfy lodging can be found in the 8-rooms of Milo's Guesthouse, up on the second floor. The current owners have more than quintupled the revenues in the last six years and invested heavily in updating and improving the kitchen capacity and have stunningly remodeled and updated the restaurant's dining room and all the guesthouse rooms! The main indoor dining room & bar area can seat sixty-five, while the outdoor courtyard can seat an additional fifty-five. Mountain biking, XC & downhill skiing, climbing, whitewater, golf, hiking, birding, hunting & fishing, it's ALL here. The outdoor recreation boom in in full swing as folks from all over the Mid-Atlantic are discovering Thomas, Davis and Canaan Valley. Now is the time to invest! Enjoy a thriving business and a great lifestyle to match! A full financial analysis and commercial appraisal can be provided to qualified buyers, upon request. Don't wait! Make your move today! https://www.milosdavis.com/ (Agents: see Agent Remarks)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,888 SF
Year Built
1896
Price
$945,000
Price Per SF
$193.33
Percent Leased
100%
Building Height
2 Stories
PROPERTY TAXES
| Parcel Number | 04-3-02220000 | Improvements Assessment | $137,160 |
| Land Assessment | $23,880 | Total Assessment | $161,040 |
PROPERTY TAXES
Parcel Number
04-3-02220000
Land Assessment
$23,880
Improvements Assessment
$137,160
Total Assessment
$161,040
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