208 W Main St, Stanley, VA 22851

Property Description

MULTI-USE INVESTMENT PROPERTY WITH MULTIPLE INCOME & BUSINESS POSSIBILITIES! Unique investment opportunity featuring an 8-apartment building with approximately 8,322 square feet, plus an approximately 1,218-square-foot restaurant space within the same building. The restaurant has not been in operation for many years and offers an opportunity for a new owner to bring the space back to life or explore other potential uses, subject to zoning and approvals. Also included is a separate 2,255-square-foot retail/commercial building featuring a heat pump with central air, providing additional space for a business, office, retail operation, or other permitted use. With multiple buildings and a combination of residential and commercial space, this property offers many possibilities for investors, entrepreneurs, and those looking for a property with income-producing potential. The combination of apartments, restaurant space, and a separate commercial building provides flexibility for a variety of uses and investment strategies. Property is being sold AS-IS. A minimum of 48 hours' notice is required to show the apartments and restaurant space. The separate commercial building may be shown with less notice. Don't miss this opportunity to explore the possibilities of this versatile multi-use property! Apartment Building has address of 208 W. Main Street, Stanley, VA. and Commercial Building has separate address of 190 W. Main Street, Stanley, VA. but both are part of Tax Map ID #71A5-A-31