211 & 217 Main Street Madison, VA $ 725,000
211 & 217 Main Street
$ 725,000
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211 & 217 Main Street

Madison, VA, 22727
$ 725,000
Baths0.0 Sq 8,694

Monthly Estimate*

$ 5,064

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Studio

Commercial Property for sale in Madison, VA

for $725,000. This 8,694 square foot building was built in 1803.

Subject property includes three Tax Maps 39A-83,84&85A. The Hunton House, later named the Hunton Hotel, was originally, constructed in 1803+-. Over the years there were additions to the original footprint. Today the Hunton Hotel, has approximately 8,694 finished square feet, under roof. There were nine original fireplaces, on three levels. The original circa 1803 portion, was constructed of brick. Later additions had wood siding and stucco. The interior, walls were constructed of wood and plaster. The Hotel has partial hot water, oil fired heat, no air conditioning, and is served by public water and sewer. Zoned B-1 Commercial. The property is in fair to poor condition, and is in need of restoration. The location and architecture has the prospect of being a prominent feature and destination in the Town of Madison. Miranda's Restaurant - this property is one of the oldest buildings in the Town of Madison, of log home construction, dating back prior to 1800. The property was originally a residence of the John Lewis family, in 1880, who later moved next door to the Hunton House, prior to becoming a hotel. Later additions were constructed in 1940's. The current use is Miranda's, a casual dining restaurant. It is served by public water and sewer. Central heat pump for heating and cooling. Total square footage 2,320+-, and is zoned B-1 Commercial. There is a detached 336 square foot, commercial improvement, formally used as a coffee shop, adjacent to the restaurant, and also facing Main Street. In the back of the property there is a wood-framed barn of 3,376+- square foot, that is currently being used for storage. Also is a vacant lot of 0.054 acres.

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Commercial Pending

Price

$ 725,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,865

Style

Hotel/Motel,Restaurant/Bar

Year Built

1803

Town/City

Madison

County/Region

Madison

MLS | Web ID

VAMA2001618

Features
Interior
Heating Fuel Electric
Flooring Carpet Vinyl Wood
Hot Water Electric Oil
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Settlement
Roof Built-Up Flat Composite Shingle
Zoning B-
Construction Materials Brick Masonite Stucco
Year Built 1803
View Street
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hotel/Motel Restaurant/Bar
Accessibility None
County MADISON
New Construction N
Property Type Commercial Sale
Possible Use Hotel/Motel Restaurant
Water Access Y/N N
Status PENDING
Directions 211 & 217 N Main Street in the Town of Madison. Sign is up.
City MADISON
Buyer Agent Compensation 3
Disclosures Prop Disclosure Lead Based Paint - Federal
Lot Size Square Feet 0.05
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 3865.0
Price Per Sq Ft 83.39
Vacation Rental Y/N N
Days on Market 21
Standard Status Pending
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Additional Lot(s)
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 8694.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 211
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* Excluded Features
List By
Jefferson Land & Realty, Inc.

Broker

bgentry.broker@gmail.com

Email

Affordability Calculator

$5,386
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,064
Monthly Property Taxes
$322
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$725,000 Listed Price

Map


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211 & 217 Main Street, Madison, VA, 22727 is a Commercial Property for sale at $725,000 with 8,694 sqft. 211 & 217 Main Street is a studio with 0.0 baths and was built in 1803. The property's zip code is 22727 which is in Madison, VA