Historic Lancaster Tavern, CASH "AS IS" SALE TERMS Heavily fire damaged and exposed to the elements. +/- 4,292 SF + basement, 1.351 acres with 85' road frontage. Commercial kitchen, 2 dining areas each w/fireplace & entrance foyer w/2 restrooms. Public water & private septic. The sellers's vision was to revitalize the historic Lancaster Courthouse district by the renovation of these properties. In 1790, the Court granted Henry Hinton permission to build a tavern, considering it a "public advantage" & it operated for over a century before becoming a private home then a dental office. It was re-established as an inn in 1982. This grand old building has suffered significant weathering from exposure to the elements since the April, 2020 fire, & needs restoration to its former glory as an eating, lodging & gathering place. Wonderful architectural elements remain. Seller planned a cozy, basement cigar/wine bar. Possible state/federal tax credits available & Lancaster County has said that accessory dwelling units could be added to the rear of this property for additional cashflow opportunity. This is 1 of 3 historic properties up for online bidding.
10,221 Sq ft
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2022 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Updated: 27th March, 2023 3:52 AM (UTC)
Listing Agent: Linda Terry
Listing Office: Tranzon Fox Auctions