$400,000

Estimated payment $2,131/month

Total Views 55,688
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:

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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 List to Sale Price per Sq Ft
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

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