698 Federal St Paris, VA 20130

Exceptional 1.72-acre property in the picturesque village of Paris features two homes and two outbuildings, offering a wealth of possibilities! What makes it truly unique is its Village/Commercial zoning, allowing for use as a primary residence with a rental unit or a variety of business ventures. Ample off-street parking and the location directly across from the renowned Ashby Inn makes it ideal for businesses that can benefit from the steady stream of visitors to the Inn, restaurant, and nearby Sky Meadows State Park. The rear of the property overlooks 60 acres of protected land in easement providing beautiful views. The main house, originally built in 1940, has a rich history, having served as a tavern, motel, gas station, and most recently, an antique store. The main level features two spacious rooms for dining and living, both with recessed and track lighting, and a modern picture rail system perfect for displaying art. A bright home office with a private rear entrance, an updated galley kitchen with stainless steel appliances, and a breakfast room that opens to the rear patio complete the main level. Also on this floor are a powder room, laundry closet with washer/dryer, and access to a fenced side yard. Upstairs, you'll find a large sitting area, two bedrooms with ample built-ins, closets and a full bath featuring a soaking tub/shower combo. The second home, currently a rental generating $1,700/month, is a charming one-level house with two bedrooms, one bath, a living room, dining room, updated kitchen, and utility room with washer/dryer. A large rear deck offers sweeping views of the surrounding landscape. Both homes feature standing seam metal roofs replaced within the last 10 years. Additional recent improvements include new HVAC systems and oil furnaces, exterior painting, septic tank risers and fresh pea gravel on the private driveway. Ideally located right off Route 50 - just 5 minutes to Upperville, 15 minutes to Middleburg and 45 minutes to Dulles International Airport. Route 17 offers quick access to I-66 in Delaplane. Don't miss this rare opportunity to own a flexible, income-generating property in a prime location with endless potential!