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Michie Tavern 683 Thomas Jefferson Pky 22,148 SF 4-Star Retail Building Charlottesville, VA 22902 For Sale



INVESTMENT HIGHLIGHTS
- Ability to expand and create an enhanced hospitality destination
- Designated as a Virginia Historic Landmark (1993).
- Premier Event Venue - weddings, corporate retreats, private celebrations, etc.
- Situated in close proximity to Thomas Jefferson’s Monticello, the Tavern benefits from a consistent and high volume of tourist traffic.
- Nestled in the Blue Ridge Mountains, Michie Tavern plays a key role in the region’s historical tourism landscape, contributing to visitor experience.
EXECUTIVE SUMMARY
MacKenzie Commercial Real Estate Services is pleased to present the opportunity to acquire Michie Tavern – both the business and real estate – a historic landmark quietly nestled in the picturesque town of Charlottesville, Virginia.
The sale of Michie Tavern offers a unique opportunity to acquire a property with significant historical value dating back to the 18th century in a highly desirable location. The listing comprises a 6.7-acre property that holds four distinct buildings as well as a 0.7-acre lot utilized for private parking and a maintenance building located on Michie Tavern Lane. The Tavern boasts a fully operational restaurant that offers a taste of true southern hospitality, while the 1784 Pub serves local wines, beers, hard ciders, and light food. Guests may also enjoy a relaxed shopping experience at the Tavern Shop and General Store – all distinct historic structures that provide a one-of-a-kind experience. This prestigious hospitality and retail venue has attracted Virginia residents and visitors and hosted special events for more than 200 years. Michie Tavern boasts a strong and proven business model with multiple revenue streams, including its popular Southern fare dining and retail stores featuring unique gifts and souvenirs.
The business includes operational systems and established vendor relationships, providing a seamless turnkey operational transition for a new owner.
This opportunity offers the unique privilege of owning and preserving a significant piece of American history, appealing to buyers with a passion for heritage and hospitality.
The sale of Michie Tavern offers a unique opportunity to acquire a property with significant historical value dating back to the 18th century in a highly desirable location. The listing comprises a 6.7-acre property that holds four distinct buildings as well as a 0.7-acre lot utilized for private parking and a maintenance building located on Michie Tavern Lane. The Tavern boasts a fully operational restaurant that offers a taste of true southern hospitality, while the 1784 Pub serves local wines, beers, hard ciders, and light food. Guests may also enjoy a relaxed shopping experience at the Tavern Shop and General Store – all distinct historic structures that provide a one-of-a-kind experience. This prestigious hospitality and retail venue has attracted Virginia residents and visitors and hosted special events for more than 200 years. Michie Tavern boasts a strong and proven business model with multiple revenue streams, including its popular Southern fare dining and retail stores featuring unique gifts and souvenirs.
The business includes operational systems and established vendor relationships, providing a seamless turnkey operational transition for a new owner.
This opportunity offers the unique privilege of owning and preserving a significant piece of American history, appealing to buyers with a passion for heritage and hospitality.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
22,148 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1789/2019
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
7.38 AC
Zoning
RA
Parking
150 Spaces (6.77 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Restaurant
- Signage
- Wheelchair Accessible
- Monument Signage
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Michie Tavern | 683 Thomas Jefferson Pky
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