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300 Locust Lane
Penhook, VA 24137

  • $1,600,000
  • STATUS: Active
  • ON SITE: 316 days
  • ID#: OT9630395
UPDATED: 9 min ago
$1,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,000
    SQFT
  • $160
    $/SQFT
Neighborhood: Smith Mountain Lake
Type: Commercial
Built: 1970
County: Other
Area: Other

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The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-02-28T00:17:15.273.

LoCoMusings: 571-233-5495

www.locomusings.com/homes/61802049

300 Locust Lane Penhook, VA 24137

  • Price: $1,600,000
  • Status: Active
  • Updated: 9 min ago
  • ID#: OT9630395
0
Beds
0
Baths
0
½ Baths
N/A
Acres
10,000
SQFT
$160
$/SQFT
1970
Built
Neighborhood:
Smith Mountain Lake
County:
Other
Area:
Other
Property Description
Knock! Knock! It's opportunity! Fully functioning marina on gorgeous Smith Mountain Lake. Comes with over 21 acres, extensive water frontage, fuel operations, grill/restaurant, Docks, slips, hoist/lifts and rack storage for 117 vessels. 10 rental lodging units and an 11 acre campground! Zoned RDP and RC-1.
Exterior Features

Blocks To Ocean 0 Body Of Water Smith Mountain Lake Body Of Water Type Lake Distance To Body Of Water Less Than 1 Block Dock Features Covered SlipHoist/Lift Electric - BoatFloating Dock - BoatPrivate PierStorage AreaCommon Dock Dock Slip Conveyance Assigned Dock Type Multiple Slip Docks 5+ Location Type Lake Mean Low Water 6+ Mean Low Water Feet 6 Navigable Water Yes Non Power Boats Permitted 6+ Parking Private 11+ Spaces Physical Dock Slip Conveys No Power Boats Permitted 6+ Property Against Water Yes Slips 5+ Water Access Yes Water Frontage 2100 Water Use Types Private AccessPersonal Watercraft (Pwc)Fishing AllowedCanoe/KayakBoat - PoweredSwimming AllowedWaterski/Wakeboard Water View Yes Water View Accessibility Water AccessWater FrontWater View Waterfront Yes Waterfront Features Boat / Launch RampParkPrivate Dock SiteSplit Lakefront

Interior Features

Net Sq Ft 10000.0

Property Features

Additional Income Sources ConcessionsOtherShop Rentals Auction No Comm Industrial Type Hotel/MotelFlex SpaceGas StationOfficeOutside StorageRestaurantStorageOther Expenses 960000.0 For Sale Yes Foreclosure No Gross Income 1400000.0 HOA No Investment Yes Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 7330.0 New Construction No Occupied Yes Ownership Fee Simple Possession Negotiable Property Net Operating Income 440000.0 Property Status Existing Riparian Rights Yes Sewer Septic Septic Short Sale No Tenancy Lease Terms Mixed Total Assessment 0.0 Total Assessment Payment Freq Annually Vacancy Factor 35.0 Vacation Home No Water Well Zoning Code RdpRc1

Listing courtesy of Coy Whitman of Long & Foster Real Estate, Inc..


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-02-28T00:17:15.273.

LoCoMusings: 571-233-5495
Dawn Parsons
Realtor
LoCoMusings
540 Fort Evans Road
Leesburg VA, 20176