James City County, Williamsburg, Va. Bank owned office condo in Kingsmill. Don’t miss this opportunity to own a large office condo which offers 2 suites, each w/their own bath & kitchen. You may want to occupy one side & receive the rental income from the 3 long term tenants occupying 3 separate offices in the other suite. This condo has an Entrance Foyer. Being sold ’’as is’’. Owner pays all utilities. Copies of leases available. No other addenda needed, Use VAR contract.

Directions: Rt 60 toward Kingsmill Shops to McLaws Circle.

View Details »

TENNESSEE LAND PACEL WITH MINERAL RIGHTS FOR SALE

23,150-ACRE MINERAL TRACT OF LAND IN BLEDSOE AND RHEA COUNTIES OF SOUTH EASTERN TENESSEE

Locate in Appalachian Basin Area.

Land involves all mineral rights and a recent reserve study/engineering report completed in 2007, which covers 6 seams of Coal reserves.

Property has been identified to contain 155,323,530 tons of total estimated on site Coal reserves.

Coal, Oil and gas reserves undetermined from most recent engineering reports there are producing oil and gas wells in Rhea County.

Complete engineering report available.

Price $1,275.00 per acre. Priced at : $29,516,250

Contact John C. Starke (804-306-5620) and/or Elaine VonCannon (757-288-4685) of Re/Max Capital for engineering reports.

View Details »

This famous and beloved Deli is a respected Williamsburg full service catering in dine in restaurant that has earned the reputation as serving some of the finest foods in the area. Their catering operation, which constitutes approximately 40% of its annual revenues can handle a company luncheon to a the most lavish wedding reception with several hundred guests in attendance. Every dish served at this deli contains only the freshest and finest foods, ensuring unparallel quality. The overstuffed, fresh Deli Sandwiches are made to order using the best Boar`s Head Brand ingredients. The Deli also offers salads, soups, pastas, quiches and Ready to Eat Meals.

FINANCIALS: The Deli currently grosses annually approximately $850,000 in total revenues which constitutes both outside catering and inside restaurant dining and to go orders. They currently have salaries of approx: $75,000 per year excluding the owner. The utilities approximate $500 per month and they have a 3 year lease at their present location at $3600 per month. They currently operate 6 days per week and the current owner will consider staying on for a period of time for the new owner as well as the staff can remain. A dedicated owner can expect to earn a 30% plus gross margin or more depending on hours and the mix of business between catering and restaurant sales.

Owner financing for a qualified individual is possible. The price for this operation, including all equipment and supplies, is $495,000.

View Details »

Virginia: Historic Restaurant and Owners cottage for sale. Located 30 minutes from Richmond toward Charlottesville. Priced to sale, this is a business which is only open a few days a week, so you can get in on the bottom floor and grow your business! Owner will do a lease purchase price on the restaurant only or owner financing on both the cottage and the restaurant. The Restaurant has been written up in newspapers and Gourmet Magazines. Present owners serve family style as well as plates from a fine Southern menu. The food is the kind that your Grandmother made. Throughout the years, the restaurant has maintained its original character, one that only a building made of hand stripped logs and built with little or no plans in hand can have. It is unique in Virginia, and is believed to be one of the largest commercially used log structures in America. Original 2 room house built in 1928, which is part of the restaurant. Restaurant is 5,105 Sq. ft which includes a basement for storage, 2nd floor living area for storage or living, 1 full bath and 2 half baths. Rental home or could be owner’s cottage is 1520 sq. ft which includes 3 bedroom and 2 bath. This is your chance to own a little piece of history and be your own Boss! Offered at: $799,000 or lease purchase the restaurant for $2250 a month. Equipment and supplies are negotiated separately.

View Details »

Prince George County, Disputana, Virginia, Offered at $3,610,000 (firm), CAN YOU BELIEVE THIS WONDERFUL OPPORTUNITY IS PRICED BELOW CURRENT APPRASIAL ON FILE of $4,900,000 done in Sept. 2008. Thriving truck stop on a major busy state highway. Includes a Bullets and Shell franchise: consist of a Car wash, walk-in freezer, walk-in cooler, free standing coolers, ice cream freezer, pizza oven, grill, new broiler, deep fryer, U Haul rental, drink dispense, food drive thru window, coffee station, display stations, booths, 8 gas pumps, 8 diesel pumps, outside dining and more. 3000 sq. ft. building on 6.75 acres.Turn key operation ready for you to take ownership. Remodeled interior fast food area just completed Nov. 2007. Due to recent recommendation by the Brac commission, massive expansion to take place in area and Ft. Lee by 2011. This property and business is with in about 10 miles of Ft. Lee. Owner has approved plans for a Days Inn with 63 rooms with the capacity for another 20 rooms. Hotel will also have a restaurant. OWNER IS RELOCATING OUT OF STATE!

View Details »

Mecklenburg County, LaCross, Virginia, Offered at $675,000, in the sleepy little town of LaCross, a builders or contractors dream project, approximately 29.75 wooded acres on rectangular lot. Pine trees on tract may be harvested and sold by new owner. The lot has a gentle slop with no major ravines or water areas. Perfect location for 100+ single family homes, condos or townhome units. County incentives available for residential development. This property is off of major traffic corridor and near I85. 1/2 mile away from main road a boom in commercial building and business is now happening. This is a perfect investment opportunity. Modular type building may be used on this property. Water and sewer are at property line! Road paving up to property line! You may want to use this as a 1031 tax exchange. The VonCannon-Starke team has experience in development and would be glad to assist you in this project. The area needs affordable housing and the area officials will meet with you to discuss this project. This is a bedroom community of South Hill and is only about 30 minutes away.

View Details »

City of Williamsburg, Historic area hotel-perfect place to stay for family vacations or weekend getaways. 47 rm motel is flagged & part of the choice hotel preferred motel group. Offers free wireless high-speed internet access, free continental breakfast, seasonal outdoor pool & guest laundry. Located in the City limits of Wbg & close to Busch Gardens, Water Country, Shopping, Colonial Wbg, Yorktown & Jamestown.

Agent must be present for all showings. Call John @804-306-5620 or 804-642-0150 or Elaine @757-288-4685. Priced to sell. In season rate is $64.99 single & $69.99 double. Off season is $39.99. Motel has won the choice motel high standard award.

Directions: Capitol Landing Road to Parkway Drive.

View Details »

Located in Grundy, Virginia this 38 room motel. 17 Cap Rate for this one! Offered $300,000 (current appraised value $350,000, done Feb. 2009). Situated on approximately 1.33 acres, 13,980 square, Situated near Law School and Pharmacy School. This property generates gross 125,250 annually. Net Gross is 43,288 annually. This property has a history of a great cash flow! A GREAT INVESTMENT AND A GOOD CANDIATE FOR A 1031 TAX EXCHANGE OR CONDO CONVERSON AS THERE IS LITTLE OFF CAMPUS HOUSING. THIS IS A REAL MONEY MAKER!

Current room rentals are: 19 Double rooms at $53.39 a day. ……10 Singles at $42.69…………..2 Deluxe Singles at $47.08………6 Kings at $53.39 a day…….1 Suite at $60.00 a day.

$300,000 for the motel, with 25% down payment and they will finance the balance at a competitive commercial property interest rate of approx. 6%. The motel has an annual net return of approx. $40,000 so that puts the motel at a 17 CAP rate with the existing management in place.

Both The Anchor Inn and Anchor Shopping for $2.5 million with 25% down payment and they will finance the balance at a competitive commercial property interest rate of approx. 6%.

Grundy is a town in Buchanan County, Virginia, United States. The population was 1,105 at the 2000 census. It is the county seat of Buchanan County³. The town is noted for its educational institutions and their role in the town’s economic rebirth. In the past, the town served as a stopover for Union troops on their way to the Battle of Saltville. The town is also noteworthy for its flood control project, where the mountain across the river was blasted to make way for new development.

Location is: 19587 Riverside Drive Grundy Va……………24914

Offered at: $300,000

View Details »

Mathews Courthouse, Virginia, OWNER FINACING AVAILABLE, Dental office building in the picturesque Mathews Courthouse. Building was last used as a dental office. Dental equipment sold separately. Prime location next to YMCA & across partking lot of the Best Value Gropcery Store. Ample parking. Walk up attic covers the whole second floor. owner will consider all offers.

Directions: Main Road in Mathews Courthouse, next to YMCA and Best Value Grocery Store

View Details »

Williamsburg, James City County, Va, Carters Grove area, Structure currently being used as Church but zoned Residential. Being sold ’’As Is’’. Inspection for your own information only. 1st right of refusal to current tenant. Agent must accompany selling agent and potential buyers to showings. Building exempt from the assessed value.

Directions: Route 60 to Howard Dr. See service road.

View Details »

Mathews, Va, Excellent investment opportunity in Mathews with existing long term tenant in place. Current tenant has 5 years left on current lease with a renewal option. Historical cap rate of 9+. Current use is retail grocery with ample off street parking. Owner is poor health, bargin basement priced to sell. Call Elaine VonCannon or John Starke for more information. Do not contact existing tenant or his employees. Land and building is the only part of this sale. Owner financing available. Income is about 8,500 a month (which includes an override that changes).

Directions: On Main Street into Mathews

View Details »

James City County, Williamsburg, 3740 SQ OF OWNER BUILT FULL DRY CLEANING SHOP WITH BEST EQIPTMENTS AND ONE PICK UP STATION. MUST SEE !!!! HAS CONTRACT WITH HOTEL AND HOSPITALS. WELL KNOWN CLEANING IN WILLIAMSBURG. ANCHOR STORE IN SMALL STRIP SHOPPING CENTER DRY CLEANING PLANT.

BUSINESS ONLY…....BE YOUR OWN BOSS!

View Details »

City of Williamsburg, Investment Opportunity on commercial zoned property in Williamsburg. Great location close to Colonial Williamsburg, College & I-64. Right to use driveway shared with 821 Capitol Landing. Property has brick house as well as another house w/attached studio apartment. Priced to sell. Rent is $900 on 819 Capitol Landing, $850 on 821A and $550 on 821B. Requires 24 hours notice to show. Accompanied show-no lock box. Tenants currently on month to month. RE/MAX Capital to hold EMD.

Directions: 143 to R-Page. Merge w/Capitol Landing, on left near Sal’s.

View Details »

Henrico, Glen Allen, (West end of Richmond), Virginia, Public Remarks: Property zoned for Single Family (may be modular). Investment & development Opportunity in the Glen Allen area of Richmond. Land consists of 2 parcels: 1.92 acres on Kain Rd & 24.72 acres on Pouncey Tract. Located in high volume traffic corridor, 1/4 mile from Short Pump Mall. Close to interstate, Broad Street.. Most recent use of land – commercial/residential (Multi use).

Agent Remarks: County is currently installing public water. Property zoned for Single Family (may be modular), cemetery, airport, pet cemetery, kennels & farm. RE/MAX Capital to hold EMD. Call Elaine @757-288-4685 or John @804-306-5620 for more information. See commercial listing MLS #30017076

Directions: from Richmond,Broad Street intersection on Right of Pouncey

View Details »

James City County, Williamsburg, Va BEAUTIFUL AND LARGE LAUNDRY MAT ALL LIKE NEW MACHINES, 2285 SQ. GOOD BUSINESS, MUST CALL LISTING AGENT TO MAKE APPOINTMENT FOR SHOWING.

View Details »

VON CANNON – STARKE COMMERCIAL CAN NOW OFFER YOU THE OPPORTUNITY TO INVEST IN HIGH QUALITY COMMERCIAL INCOME PRODUCING PROPERTIES RIGHT HERE IN VIRGINIA WITHOUT YOUR NEED TO QUALIFY FOR FINANCING AND A CHANCE TO OWN A PERCENTAGE OF A MULTI MILLION DOLLAR PROPERTY. NATION WIDE PROPERTIES ALSO READY FOR INVESTMENT!

THESE PROERTIES ARE TRIPLE NET LEASED AND PAY MONTHLY INCOME BY DIRECT DEPOSIT TO YOUR ACCOUNT AT A YIELD THAT MAY WELL BE HIGHER THAN WHAT YOU ARE CURRENTLY EARNING IN YOUR EXISTING RENTAL PROERTIES.

YOU CAN NOW INVEST WITH A PEACE OF MIND KNOWING YOU DO NOT HAVE ANY UNEXPECTED REPAIRS THAT CUT INTO YOUR RENTAL INCOME AS WELL AS WORRYING ABOUT THE CREDIT WORTHINESS OF YOUR TENANT ON HIS ABILITY TO PAY ON TIME EACH MONTH.

INVESTMENTS IN THESE PROPERTIES START AT APPROX. $25,000 PER UNIT AND YOU WILL BENEFIT IN THE UPSIDE APPRECIATION OF THE PROPERTY. LET US EXPLAIN TO YOU WHAT WE CAN OFFER YOU IN COMMERCIAL REAL ESTATE INVESTMENTS TODAY!

View Details »

Grundy, Virginia, AN AFFORABLE INVESTMENT WITH A CAP RATE OF 10! Located in Grundy, Virginia this 25 unit shopping center. Situated on approximately 12 acres, 93,890 square feet, Price per square foot is about $3.20 (This is far below the national average of roughly $16.00 per square foot), this would mean more of a profit margin with rent increases over the next few years. No vacancies since the shopping center opened in 1978, Situated near Law School and Pharmacy School. This property generates 280,000 annually. Net Gross is 230,000 annually. Large open areas for potential out parcels, that could be sold or used for ground leases. This property has a history of a great cash flow! A GREAT INVESTMENT AND A GOOD CANDIATE FOR A 1031 TAX EXCHANGE. Priced less than current tax assessment, do not miss this opportunity! Out parcels could be sold or offered on a ground lease. Rents have not been adjusted since shopping was built! THIS IS A REAL MONEY MAKER! Owner will consider owner financing with strong down payment and credit! This area needs a restaurant, coffee shop, pizza place, grocery store, night club, fitness center. These type of business would do well on the out parcels. $2.3 million for the shopping center and the will accept an offer with 25% down payment and will finance the balance at a competitive commercial property interest rate of approx. 6%. Since the shopping center provides an annual net return of approx. $230,000 on a historical basis, that provides a capitalization rate of 10 for that property.

View Details »

Richmond, Virginia, Commercial/Industrial: Offered at $3,000,000, This industrial property in Richmond, Virginia offers an enormous income producing opportunity with a positive cash flow in an up and coming commercially developing Commercial/Industrial Business Plaza. This building contains 17 individual units for lease and additional garages. Units equipped with hydraulic lifts. Last reported (by the owner) Gross Revenues was exceeding $300,000 per year. Net pay out a month after care taker and all expenses is 28,000. This property includes 2 outside storage gated areas, and 5 free standing buildings. Currently this property stays rented at 95% to 90% r with the majority of the tenants who have been renting for 10 to 15 years. This property has a positive cash flow with a 8% cap rate. No other property like this in the Richmond area. Last reported Net Gross (by the owner) is $344,340. Owner has currently added some more outside storage buildings, as well as the outside space has a fenced in area that is rented for car storage to a tenant. There is a small parcel on the side of the property that is vacant land, which had dry cleaners on years ago, but was torn down. You as the new owner of the property could build a other business or add more rental storage. YOU HAVE TO SEE THIS PROPERTY TO UNDERSTAND IT. This is a unique investment, which throws off cash profits, and is located in an area of economical revamping. This is a true industrial trade center, which has its on retention pond and you as the new owner could redo it for other venues. Come and take a look at this and think outside the box!

Call Elaine (757-288-4685) or John (804-642-0150) for Profit and Lost statement and rent rolls.

View Details »

Hanover County, Ashland, Virginia: Offered at $1,295,000, looking for a 8 cap rate? Look no more, this warehouse is 100% leased and located in the Hanover Industrial Air Park. This warehouse has 6 bathrooms, 6 offices and a kitchen. There are 6 tenants including 5 who rent space inside the warehouse and 1 who rents outside space. This is a great investment opportunity! Do not let this pass by of owning the highly desired and coveted Hanover/Richmond area. This would make a great investment opportunity or a 1031 tax exchange. Owner can remain for up to 3 years to rent or can move when new owner would like to have the space. Call for details. 11197 Leadbetter Road………… Ashland………Va……. 23005………. Offered at: $1,295,000 Call John or Elaine directly for any showings or information about the property. Accompany show only! John: (804) 306-5620, Elaine: (757) 288-4685.

View Details »

Mathews, Virginia, Commercial, Retail or Wholesale: Sibley’s Offered at $399,900, General Store located in downtown Mathews, Virginia has the best location in Mathews. This convenience store offers lots of renovations including new plumbing, well, electric, phone and DSL lines, hardwood floors, paint and so much more!!!!

View Details »

MATHEWS, VIRGINIA. DEEP WATER WORKING MARINA, Offered at $550,000, 158’ OF WATERFRONT/DOCK FRONTING DAVIS CREEK QUICK TO MOUTH OF MOBJACK BAY/CHESAPEAKE BAYPROPERTY HAS NUMEROUS BUILDINGS, OFFICE, APARTMENT AREA, 11 X 56 MOBILE HOME, COLD HOUSE.

View Details »

NORTHTHUMBERLAND COUNTY, REEDVILLE, VIRGINIA. OFFERED AT $1,295,000, 9.80+/- WATERFRONT ACREAGE WITH HOME, DOCK, BOATHOUSE & DOCK SIDE FUEL, BAIT, TACKLE BUSINESS. OYSTER HOUSE STRUCTURE AT WATER’S EDGE. UNIQUE MIXED ZONING OF LIGHT INDUSTRIAL AND RESIDENTIAL. PRELIMINARY SOIL STUDIES ON FILE, POTENTIAL FOR WATERFRONT BUSINESS, RESIDENTIAL DEVELOPMENT, OR COMBO OF BOTH. CURRENTLY USED AS PRIVATE RESIDENCE W/SMALL FUEL, BAIT, TACKLE BUSINESS & CHARTER BOAT SERVICE. THIS LITTLE HONEY IS WAITING FOR YOU TO MAKE IT YOUR OWN.

View Details »

Carroll, Virginia: Great location, just off the Blue Ridge Parkway in a major traffic corridor. This property boasts 100+acres and an 18 hole regulation, 6520 yards, par 71 golf course. Also included are 6 efficiency units, club cars and turf equipment. Offered at $1,650,000!

View Details »

Java, Virginia: Commercial, Chatham, Halifax Virginia, Offered at $1,205,930, golf, vineyard, residential. This tract has residential, industrial, recreational, and personal development potential with plenty of frontage on a major highway and a state paved road. The property has a nice creek, merchantable and premerchantable income producing timber, nice rolling topography typical of the Virginia countryside, beautiful farms/ranches/countryside surrounding it with a nice view of the countryside on several different sites on the property. Potential for golf course development, vineyard, and estate for personal residence, and great potential for mini farm development. Great hunting currently on the property.

View Details »

MATHEWS, VIRGINIA, Offered at $3999900, Pristine & historic marina/boatyard. Marina: 50 covered slips (most floating docks), 15 uncovered, all w/water/elec/lighted walkways, pool, captain’s lounge, picnic fac. Bustling boatyard, 7 staff, 100 ton marine railway, 20 ton travel lift & crane, metal working & machine shop, carpentry & fiberglass shop, paint shed, ship’s store, supply room, office, residence, 4000 g. fuel dock, dry storage. Rare offering, great investment potential, especially taking into account the limited future supply of marina/full service boatyards in the Lower Chesapeake Bay! Horn Harbor Marina and Boatyard has immediate access to Chesapeake Bay, 25 miles by water from Chesapeake Bay Bridge Tunnel.

View Details »

MATHEWS, CARDINAL, VIRGINIA. Offered at $229,900, Desirable mini-storage business. 19 units with expansion potential of up to 100 units. 16 units are climate control. Current occupancy at +/- 75%. ACREAGE, 13.88.

View Details »