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Investment Highlights
- One of a Kind property
- Live and Work on the same property
- Many uses possible
Executive Summary
This has been used as a hospitality property since the 1960's. One of a kind property encompassing a tavern building with a commercial kitchen, bar and lounge area. The lawns and deck areas for special events total almost 13,000 sq ft. There is also a vintage 4 bdrm, 3 bath two story farmhouse with a wrap around porch which has been successfully operated as a vacation rental and as an amenity for the special events. There are two parcels totalling 5 acres. The gardens are very impressive and include a labyrinth and heritage roses. The owner installed artificial grass on the large wedding lawn and the reception lawn for ease of maintenance. The property could be ideal for many ventures; daycare, a dog bar, artistic pursuits, a school, a family compound, nursery, museum, or what have you.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built
1902
Price
$2,400,000
Price Per SF
$600
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
5.03 AC
Zoning
LC/ RR - Has been used since the 1960's as a restaurant, and a special events property
Property Taxes
| Parcel Numbers | Improvements Assessment | $751,614 | |
| Land Assessment | $1,024,923 | Total Assessment | $1,776,537 |
Property Taxes
Parcel Numbers
Land Assessment
$1,024,923
Improvements Assessment
$751,614
Total Assessment
$1,776,537
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Photos
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5186 Gravenstein Hwy S
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