Doe Run Lodge and Cabin for Sale on Blue Ridge Parkway!
You have the opportunity to purchase a lodge and cabin for sale in Patrick County VA. The lodge has 6,766 sq. ft. of space on the main level with a dining room overlooking the Blue Ridge Mountains, large kitchen, foyer, bar area, 2 bathrooms and 2 bedrooms with private baths. The dining room area has a nice stretch of windows showcasing a beautiful view and it also features a lovely stone fireplace. There is a gorgeous rock patio overlooking the mountain view and would be perfect for hosting events. There is a large space (approx. 3,080 sq. ft.) located under the rock patio with a lounge area, shower rooms, storage areas and sauna. The Doe Run Lodge was remodeled in 2002 and was a landmark as a restaurant and then served as an event center for weddings and reunions.
There is a 1,568 sq. ft. cabin with a spacious open floor plan and 2 bathrooms on the upper level and a deck overlooking the mountain view. The lower level has a kitchen, bathroom, living room and bedroom. This is a great space to rent out for income in addition to the lodge! Excellent for a wedding party to use as a space to get ready!
The lodge has a heat pump, wood siding, carpet and vinyl flooring, wall paneling and drywall. Doe Run Lodge is on the public water and sewer systems for the Groundhog Mountain Property Owner's Inc. which is owned and operated by a separate entity Groundhog Mountain Water and Sewer Company. There are two sewer systems for the 3 sections of the development. Doe run is on the sewer system that services Groundhog Hills. The 55,000 gallon reservoir is located next to the lodge but is actually owned by the Ground Hog Mountain Water and Sewer Company. Doe Run Lodge pays quarterly for water and sewer. If operating as a business Doe Run Lodge is not subject to Property Owner's Association. Refer to documents in Bidder Pack for further clarification. You can also see the .18 acre dedicated for the new well on the survey in Bidder Pack. The 5 cabins the patio overlooks do not convey. The property features 2 parcels totaling 8.2 acres. May have further development potential.
Don’t miss out on the opportunity to snag this great potential investment! It is in a great location just off the Blue Ridge Parkway, just minutes from Mabry Mill. Utilize the lodge as a restaurant and/or an event center for weddings, reunions, parties and more! The property is in a prime location off of the parkway and can pick up business from hungry and tired travelers. You can also pick up business from being close to the location of FloydFest!
27 Buck Hollar Rd, Hillsville, VA 24343
Online Auction Ending Wednesday, July 27th @ 4 PM
Online Bidding – Online bidding is now active and runs through 4 PM on July 27th, 2022. SOFT CLOSE.
Preview Date – Friday, June 24th @ 4 PM & Friday, July 15th @ 4 PM
Directions – Located at 27 Buck Hollar Road, Hillsville, VA 24343. Located just off Blue Ridge Parkway at mile marker 189.5.
Contact – Broker & Auctioneer Matt Gallimore at 540-239-2585 or email email@example.com
GENERAL TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $20,000 required on day of sale (July 27th 2022). Close on or before September 12th 2022. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence. Auction starts ending at 4 PM on July 27th 2022. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.
PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all of the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Buyer’s Broker Fee of (2%) is offered on any pre-auction offers that are properly completed and submitted on the appropriate forms provided by the auction company.
SOFT CLOSE: If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants.
BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final bid price place online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000).