$400,000

Estimated payment $2,160/month

Total Views 34,240
0.74 Acre
$540,541 Price per Acre
32,234 Sq Ft Lot

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • High Speed Internet
  • Wood Flooring
  • Central Heating and Cooling System
  • Wood Siding

About This Lot

PRICE SLASHED to $400K - 3 Commericial store fronts, 4 residential dweels and 5 upstairs apartments. Bon Bon Confectionery and Hardware is one of the oldest business locations in historic Mt. Hope, West Virginia. Mt. Hope also came to be known as Phoenix City from its recovering and rebuilding from the great fire of 1910. This landmark business has been a staple for the local community, plus includes a number of famous visitors including John F. Kennedy, Governor Okey Patteson, and, most recently, Mike Wolfe and the American Pickers television program.

Bon Bon opened in the roaring 1920s shortly after America had won the Great War. The Bonifacio Familys soda fountain and candy shop was the local gathering place for residents for many years. The Bon Bon building is actually two adjoined storefronts that were completed around 1912, soon after the great fire of 1910 that destroyed nearly all of Mt. Hope. A local coal mining company used the location for headquarters until about 1920. Sam and Mary Bonifacio brought the property and the rest in an incredible history of serving Mt. Hope and the outlying communities. The Bonifacio Family founded Bon Bons Confectionery and Hardware in 1920, back in the day when small town shopping was in its heyday. The business operated dually as a soda fountain and as a shoe cobbler shop. Mr. Bonifacio soon afterwards transitioned from working as a cobbler, choosing to run a confectionary and a hardware store. The era of the hardware stored ended in 1968. Mr. Bonifacios children found running both businesses to be too much for just the three of them. The hardware store was repurposed to become a storage area. The confectionery continued to be a hang-out spot for local teenagers until the public schools consolidated. This landmark Mt. Hope business continued until recently when Phyllis Bonifacio stepped back and closed the doors. Brothers Dean and Doug Bonifacio still own the property and are active in decorating the front store windows.
HIGHLIGHTS AND ATTRIBUTES
Income Producing
Legacy business with 100 + years
Prominent Main Street property, high visibility
Mt. Hope could become the next Gatlinburg because of the Park and Scouts
Three historic storefronts with approx. 13,083 sq. ft., according to tax records
Only steps away from the police department
Only a few steps to the Mayors office and city hall
Across the street from the very active Pendleton Community Bank
Law office and other offices are just a few steps across the street
Three homes are currently rented
Includes ten residential units, seven with tenants
Large storekeepers residence
Within the Mount Hope National Historic District
Store buildings eligible for historical grants and tax credits
Featured on the American Pickers television series
One mile from US-19 New River Gorge Expressway
One mile to Bechtel Scout Reserve and National Jamboree site
Five miles to New River Gorge National Park & Preserve
Five miles to I-77 and I-64 expressways at North Beckley
LOCATION
Google Coordinates: 37.892859(N), -81.167405(W)
Address: 531 Main St., Mt. Hope, WV 25880
Elevation: 1760 ft. +/-

BON BON CONFECTIONARY AND HARDWARE
Three historic storefront buildings on Main Street and three houses in a courtyard behind them are being sold as a collection of income-producing properties. The commercial buildings have long housed family-owned stores central to the Mount Hope National Historic District and were featured on the American Pickers television series.

Ideally situated to take advantage of the regions burgeoning tourism industry, the buildings are less than a mile from the US-19 expressway, the primary traffic route through the northern New River Gorge market area. The community has often been cited as the gateway to the central New River Gorge National Park & Preserve and is some 15 miles south of the world-famous New River Gorge Bridge and five from the boundary of the park.

THE COMMERCIAL STOREFRONTS ON MAIN STREET
531 MAIN STREET, COMMERCIAL
Address:531 MAIN ST
Class Type: Commercial
Parcel ID 10-08-0009-0200
County 10: Fayette
Deed Book 91 Page 440
District: 8 Mount Hope Corp Map 0009 Parcel No. 0200
Tax Class: 4
Deeded Acres: 0.129
Legal Description: LOT 19 MAIN ST STORE & APT BLDG
Tax Class: 2
Deed Book 91 Page 440 Deeded Acres 0.129
Property Class: C Commercial

Listing Agent

Randy Burdette

Foxfire Realty Listed on: 02/19/2024

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $446

Lot Details

  • Current uses include commercial, residential multi-family, hospitality
  • Potential uses include commercial, residential multi-family, residential single

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Built-Up Roof
  • Wood Siding

Flooring

  • Wood
  • Wood Under Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Gas
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$446

Lot Details

0

Listing Details

  • Office Phone: 304-652-7957
  • Listing Website: https://www.land.com/property/531-main-street-mount-hope-west-virginia-25880/19532323/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Outside Features: Covered Porch(es)
  • Potential Use: Commercial, Residential Multi-Family, Residential Single
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Floor Material: Carpet, Laminate, Vinyl, Wood Floor, Wood Under Carpet
  • Sprinklers: No
  • Interior Features: High Speed Internet Available
  • Foundation: Other

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Built-Up
  • Porch: True
  • Road Description: Asphalt, City, Sidewalk

Garage/Parking

  • Parking Type: Rear, Other

Utilities

  • Cooling: Central Air-Gas, Window Unit
  • Heating Fuel: Central Heat-Gas
  • Heating: Central Heat-Gas, Heat Pump
  • Cable Ready: True

Lot Info

  • Current Use: Commercial, Residential Multi-Family, Hospitality
  • Lot Description: Varied

Multi Family

  • Utilities Available: Cable Available, Electric, Natural Gas

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $446 $13,710 $2,340 $11,370
2023 $190 $11,670 $2,340 $9,330
2022 $191 $11,670 $2,340 $9,330
2021 $440 $11,670 $2,340 $9,330
2020 $191 $13,160 $2,340 $10,820
2019 $436 $13,160 $2,340 $10,820
2018 $705 $21,300 $2,610 $18,690
2017 $685 $20,690 $2,610 $18,080
2016 $0 $20,690 $2,610 $18,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2024 02/19/24 For Sale $400,000 -- --

About the Listing Agent

Randy Burdette

Foxfire Realty

(304) 652-7957

Section Image

Broker, auctioneer, and personal-property appraiser Randy Burdette has for more than a quarter century been a state and national leader in the profession of auctioneering and is a past director of the National Auctioneers Association. He was the founder of Riverbend USA Auction Company and has joined the Foxfire Realty team as a principal auctioneer and real estate agent. A graduate of the Certified Auctioneers Institute and the Certified American Guild of Appraisers and is a certified estate

Randy's Other Listings

  • 100 Bluestone Rd, Mount Hope, WV 25880

    $398,000

    • 6 Baths
    • 100 Bluestone Rd
    • Mount Hope, WV

    The former US Mine Academy Building in historic Mt. Hope, WV. It is an excellent location for a building of this size and quality, as it is near the Summit Bechtel Scouts Reserve portal that draws thousands of Scouts and visitors to its colossal complex. Also very nearby is America's newest National Park, The New River Gorge National Park and Preserve. It is only minutes off of US Route 19,

    Randy Burdette Foxfire Realty

    Section Image
  • 118 Main St, Oak Hill, WV 25901

    $129,000

    • 118 Main St
    • Oak Hill, WV

    Prime location in downtown Oak Hill, Fayette County, WV 25901. Located about 21 steps from Cafe One Ten in the heart of the busy commercial district. Currently, it is used for New River Sportswear screen printing and embroidery. All equipment and inventory will be conveyed with this precious real estate with an excellent retail storefront and mass production room in the back. The building

    Randy Burdette Foxfire Realty

    Section Image
  • 249 Mercer St, Beckley, WV 25801

    $215,000

    • 3 Beds
    • 1.5 Baths
    • 1,521 Sq Ft
    • 249 Mercer St
    • Beckley, WV

    Mercer Street Homeplace near the Beckley, WV, VA Hospital. This recently remodeled 1,500 sq. ft., three-bedroom, two-bath home is located on a quiet, dead-end street. Convenient location to everything that the Beckley area has to offer. According to tax records, the house was constructed in 1962, and mid-century modern elements are evident in the lighting and other features. The entry-level unit

    Randy Burdette Foxfire Realty

    Section Image
  • 211 Oscar White Rd, Lansing, WV 25862

    $5,000,000

    • Land
    • 13 Acres
    • $384,615 per Acre
    • 211 Oscar White Rd
    • Lansing, WV

    Less than a half mile from America's newest national park, this outdoor adventure property includes more than 13 landscaped acres near the rim of the New River Gorge in southern West Virginia. A half-mile north of the New River Gorge Bridge on the US-19 expressway, the property is home to one of the state's chief whitewater outfitter basecamps. It's fewer than two miles from downtown

    Randy Burdette Foxfire Realty

    Section Image
  • 211 Oscar White Rd Unit Road, Lansing, WV 25862

    $5,000,000

    • Land
    • 13 Acres
    • $384,615 per Acre
    • 211 Oscar White Rd
    • Unit Road
    • Lansing, WV

    Less than a half mile from America's newest national park, this outdoor adventure property includes more than 13 landscaped acres near the rim of the New River Gorge in southern West Virginia. A half-mile north of the New River Gorge Bridge on the US-19 expressway, the property is home to one of the state's chief whitewater outfitter basecamps. It's fewer than two miles from downtown Fayetteville

    Randy Burdette Foxfire Realty

    Section Image
  • 2642 Madam Creek, Hinton, WV 25951

    $489,900

    • 4 Beds
    • 2 Baths
    • 2,035 Sq Ft
    • 2642 Madam Creek
    • Hinton, WV

    The Mounts Farm on Madam Creek at Hinton, WV. The farm is 101 acres and 99 poles +/-. The beautiful farm is located in Almost Heaven, Summers County, WV. This farm has it all, including a historic farmhouse in which the main section is a 1871 log home. The property features beautiful meadows, a spring-fed pond, two dashed blue line branches, mature woodland, an abundance of wildlife, long-range

    Randy Burdette Foxfire Realty

    Section Image
  • 3602 True Rd Unit Rd, Hinton, WV 25951

    $290,000

    • 3 Beds
    • 3 Baths
    • 2,256 Sq Ft
    • 3602 True Rd
    • Unit Rd
    • Hinton, WV

    True Road Home-place near Pipestem Resort State Park3602 True Road, Hinton, WV Brick Ranch Home on 1.45 Acres Near Pipestem Resort State Park. Situated in some of the most picturesque farmland in Southeastern WV, the view from the back patio is tremendous. Welcome to 3602 True Road, A well-built brick ranch home nestled in the heart of Summers County, WV. Located just minutes from the crown jewel

    Randy Burdette Foxfire Realty

    Section Image
  • 3602 True Rd, Hinton, WV 25951

    $290,000

    • 3 Beds
    • 2 Baths
    • 1,556 Sq Ft
    • 3602 True Rd
    • Hinton, WV

    3602 True Road, Hinton, WV Brick Ranch Home on 1.45 Acres Near Pipestem Resort State Park. Situated in some of the most picturesque farmland in Southeastern WV, the view from the back patio is tremendous. Welcome to 3602 True Road, A well-built brick ranch home nestled in the heart of Summers County, WV. Located just minutes from the crown jewel of West Virginia's state parks, Pipestem Resort

    Randy Burdette Foxfire Realty

    Section Image
  • 5144 Judson Rd, Alderson, WV 24910

    $315,000 Pending

    • 1,528 Sq Ft
    • 5144 Judson Rd
    • Alderson, WV

    Taylor's Ridge Homeplace and Hobby Farm, Summers County,WVWelcome to Taylor's Ridge, a beautifully maintained 6.142-acre homeplace and hobby farm nestled on a ridge of mighty Kenney Mountain in scenic Summers County, West Virginia. Located just minutes from Talcott, this move-in-ready property offers modern living, guest accommodations, and a fully operational hobby farm in a peaceful mountain

    Randy Burdette Foxfire Realty

    Section Image