Blue Chip Management, LLC
J. Steven Ferguson, CPA
Managing Member
800 North Side Drive, Suite 27
Summersville, WV 26651
(304) 872-4841 ext. 106
Shoney’s – Northside Development
901 Industrial Drive
Summersville, WV 26651
The subject property is a one acre portion of the North Side Land Corporation tract. North Side Land Corporation was merged into Blue Chip Management, LLC by Confirmatory Deed of Merger dated September 30 , 2000 recorded in the Nicholas County Clerk’s Office in Deed Book 399 at Page 561. The subject property is assessed in the name of Blue Chip Management, LLC and is identified in the Summersville Corp. Tax District on Tax Map 32 as Parcel 1. The property is located ABOVE the 100 year flood elevation as shown on Federal Emergency Management Agency Flood Insurance Rate Map for Nicholas County, Community Panel 54067C0250C dated July 4, 2011. The property is within the City of Summersville corporate limits and is zoned C-3 which allows commercial use of the property.
The subject property is a Shoney’s Restaurant which has generally standardized their designs. The building was constructed in 1988 with 5,268 square feet of original construction. In 1998 a 663 square foot addition was added to the original construction bringing the total square footage of the building to 5,931 square feet. The following is a description of the building and site:
EXTERIOR:
Foundation: Spread concrete footings
Walls: 8” block with brick veneer
Roof: Wood truss system with composition shingle roof
Windows: Aluminum frame insulated glass windows
INTERIOR:
Walls: Exposed brick with interior partitions of 8” block
Floor Covering: Quarry tile and ceramic tile
Seating: Approximately 190 seats
HVAC:
Roof mounted gas forced-air heaters with electric air conditioning
PARKING:
Asphalt parking for approximately 75 cars
UTILITY/SERVICES:
Water/Sewage – City of Summersville
Natural Gas – Dominion Gas
Electricity – First Energy
Telephone – Frontier Communications