SOLD! $325,000.00 Now operating as " The Greenbrier Grille"
On May 24, 2008 at 11:00 am we will be offering Marlinton WV's Landmark Restaurant, Lodging and Gift Shop Operation - THE RIVER PLACE - for Auction.
Restaurant entrepreneurs and real estate investors should not miss this incredible opportunity. The River Place ... located along the banks of the beautiful Greenbrier River in Pocahontas County WV is a bustling and profitable 3730 square foot restaurant complete with 5 lodging rooms, a gift shop and separate trout cottage. The interior dining area seats 89 while the outdoor dining section seats an additonal 54. This property boasts a commanding presence with it's highly visible location, long river frontage and large parking area. The current Appraised Value for just the Real Estate - not including business income, fixtures, restaurant equipment or lodging income - is $650,000.
The Reserve/Starting Bid for the upcoming Auction is a mere $195,000!
Simply put, this means that this riverfront opportunity will sell, no questions asked at a starting bid of $195,000!
That's $455,000.00 in instant equity.
For a copy of said appraisal, revenue reports and to receive your Bidder's Packet please contact me ASAP.
1-888-799-0579 Office
1-304-545-7153 Cell
regina@SnowshoeProperty.com
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