With a leased restaurant on street level and 2 leased apartments upstairs, this property is ready to make you money!
Located in the heart of downtown Amherst, this property is ideally situated for welcoming businesses and renters. All units are currently leased adding security that this is a money making opportunity for investors!
On the street level is Lola’s restaurant. This level was completely renovated in 2012 to accommodate a deli restaurant. Dining area floor was poured level and stamped in woodgrain concrete. Base cabinets and countertops were installed as well as 2 custom built display cases. The customer bathroom was redone to make it ADA compliant. The back area was plumbed and new drainage lines were put in under the floor for grease trap, new prep sink and new 3 bay sink. A new 10 foot hood fire suppression system was installed over a gas 6 burner stove with dual ovens and flat top and a new 2 basket fryer. The floor was re-coated and sealed for county compliance. Also in the back area is an employee bathroom, sink closet and small office. On the back porch is an additional storage area for paper goods etc..
Through a separate entrance, you access the 2 upstairs apartments. The apartments were completely remodeled shortly before 2010. They share a common area hall with a washer and dryer. Each apartment has its own hot water heater located in the laundry area. This hall has attic access for additional storage.
The front apartment overlooking Main Street is a 1 bedroom 1 bath with a kitchen and living room. It features exposed brick walls, gas fireplace and hardwood floors. An absolute gem!! It is currently leased to a tenant of 4 years. The back apartment is a 2 bedroom 1 bath unit. The living area has beautiful hardwood floors, kitchen and exposed brick as well. It too is immaculate and is currently leased to a tenant of 3 years.
The building is in walking distance to banks, Food Lion, shopping, Town Hall, Courthouse and several restaurants.
Town of Amherst Website: http://amherstva.gov/
Amherst County Website: http://www.countyofamherst.com/