12018 Lee Highway Sperryville, VA 22740
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Don't miss this opportunity to own the iconic Schoolhouse building in the heart of Sperryville, VA. Over 50 years since last listed! This prime location at the corner of Routes 211 and 522 is currently home to a charming southern fare restaurant, vocational school, wine shop, art galleries and more. The historical Sperryville School was built in 1905 and sold by the School Board in 1968 when the new Rappahannock County High School was completed. The building then found new life as the Sperryville Emporium and became the largest business in Sperryville in the 1970s and 1980s. Prime location, 13,000+ sq. ft. commercial building, Thornton River frontage, generous parking lot. This property is truly one of a kind, in beautiful and desirable Rappahannock County. Current annual rental income, when fully occupied is $180,600.00. Recent improvements include a 50KW solar array, new Weill McClain boiler, and complete exterior paint job. The current solar array roughly reduces the building's utility cost by $10,000 per year. Lease information, profit and loss statements and utility information can be provided to qualified buyers.
|3 weeks ago||Listing updated with changes from the MLS|
|3 weeks ago||Status changed to Active Under Contract|
|2 months ago||Price changed to $1,500,000|
|4 months ago||Price changed to $1,600,000|
|4 months ago||Price changed to $1,750,000|