21405 Parks Mill Road Abingdon, VA $ 699,000
21405 Parks Mill Road
$ 699,000
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21405 Parks Mill Road

Abingdon, VA, 24211
$ 699,000
Bedrooms-- Baths-- Sq 2,100

Monthly Estimate*

$ 4,304

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Commercial Property for sale in Abingdon, VA

for $699,000. This 2,100 square foot building was built in 2003 on a lot size of 7.47.

Steeped in history and natural beauty, this extraordinary historic grist mill property—known for generations as Parks Mill—is offered with an existing special use permit and presents a rare opportunity to steward a truly irreplaceable estate. Set amid nearly eight acres of pastoral countryside, this remarkable multi-building compound is a place where past and present converge in quiet harmony. For centuries, the rushing waters of 15-Mile Creek have shaped life here. Today, deeded water rights convey nearly a mile of creek frontage, where flowing water, mature landscape, and a secluded private waterfall create an atmosphere of rare serenity and romance. The sound of the water sets the tone throughout the property, lending a timeless calm that feels both grounding and inspiring. The estate has already proven itself as a successful and beloved event venue. Thoughtfully established infrastructure—including parking, utilities, ADA considerations, and multiple bathhouse facilities distributed across the grounds—allows gatherings of up to 300 guests to continue seamlessly under new ownership. At the heart of the property stands the historic grist mill, dating to the late 1700s, a commanding and soulful structure that anchors the land both visually and historically. While non-habitable and requiring restoration, the mill offers a rare and compelling opportunity for adaptive reuse, lending itself naturally to a restaurant or bar, gallery, wellness pavilion, or intimate lodge—an architectural centerpiece waiting to be reimagined. Surrounding the mill are three detached buildings constructed in 2003, forming a flexible, compound-style layout. The primary residence functions comfortably as an owner's retreat or caretaker's quarters, while a secondary building with inviting covered porches offers ideal space for guest accommodations, a studio, or a quiet place to gather. A dedicated bathhouse and utility building further support events, guests, and future wellness or service-oriented uses with ease. The detached nature of the structures, existing utilities, and thoughtful distribution of facilities allow the property to transition effortlessly into a private residential compound, retreat, or multi-generational legacy estate. Agricultural, mixed-use, and special-use zoning provide meaningful flexibility for hospitality, educational, cultural, or residential visions. A newly permitted septic system installed in 2021 further strengthens the foundation for future development. Select portions of the floodplain offer additional income potential, with the ability to support up to ten tiny homes on double axles utilizing a dump-and-pump system. Few properties of this caliber remain—an authentic industrial landmark shaped by water, time, and purpose, yet supported by modern infrastructure and a proven history of successful use. This is more than a property; it is a living piece of history, ready for its next steward to thoughtfully write the next chapter. Information obtained from seller and public records. All information to be verified by buyer and buyer's agent.

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Commercial Active

Price

$ 699,000

Property Type

Commercial

Taxes

$ 1,434

Style

Lot Size

7.47

Year Built

2003

Town/City

Abingdon

County/Region

Washington

MLS | Web ID

9990745

Features
General
Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected Water Connected
Roof Metal
Development Status Infrastructure In Raw Land
Zoning A2
Construction Materials Wood Siding
Year Built 2003
Electric Other
Business Type Bar/Tavern/Lounge Historical Hotel/Motel Professional Service
County Washington
New Construction N
Property Type Commercial Sale
HOA N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions From VA-75 S continue for 3.1 miles. Turn left onto Parks Mill Road continue for 1.6 miles. Destination will be on the left. Please use secondary driveway to enter the property located directly in fr
City Abingdon
MLS Area 501 - Washington VA
Lot Size Units Acres
Lot Size Square Feet 325393.2
Carport Y/N N
Land Lease Y/N N
Property Condition Average Fixer Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor 501 - Washington VA
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Conventional True
Wood siding True
Cash True
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Exterior
Water Source Public
Total Parking 20.0
Lot Size Area 7.47
Spa N
Building Area Total 5880.0
Lot Dimensions Per Deed
Lot Size Acres 7.47
Road Frontage Type County Road
Other Equipment Additional Building(s) Dryer Exterior Lights Handicap Access Part Fenced Range Refrigerator Washer
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 21405
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* Excluded Features
List By
Peyton Hubble

Listing Agent

Remax Cavaliers - Abingdon

Broker

phubble.realtor@gmail.com

Email

Affordability Calculator

$4,423
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,304
Monthly Property Taxes
$120
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
857276 Elementary School
857482 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$699,000 Listed Price

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21405 Parks Mill Road, Abingdon, VA, 24211 is a Commercial Property for sale at $699,000 with 2,100 sqft and a lot size of 7.47. 21405 Parks Mill Road was built in 2003. The property's zip code is 24211 which is in Abingdon, VA