1526 Franklin Rd SW - Hospitality FOR SALE


Roanoke, VA 24016
$749,000 USD
540-759-4766
1526 Franklin Rd SW, Roanoke, VA for Sale
$749,000 USD
Hospitality - FOR SALE
1/61
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1526 Franklin Rd SW
Roanoke, VA 24016


OVERVIEW

Historic Franklin Road Gem - In The Beautiful Blue Ridge Mountains - Masterfully Restored 1920s Property Presenting a meticulously renovated historic property at 1526 Franklin Road, transformed from its 1920s origins into a stunning commercial opportunity. This remarkable building showcases the perfect blend of historic charm and modern amenities through an award-winning restoration completed by Ronald Chuman. Property Highlights: - Complete structural renovation from foundation to roof - New Plumbing and Electrical - Two fully equipped modern kitchens - Beautifully restored original architectural elements - Professionally landscaped grounds with ample parking Distinguished Restoration Features: - Preserved and restored original woodwork, including front porch columns, balusters, and railings - New energy-efficient windows and doors throughout - Modern insulation and drywall - Expertly restored plaster walls - Award-winning architectural renovation Exterior Amenities: - Reconstructed front porch with period-appropriate details - Covered rear porches - Professional landscaping with extensive grading - 120-ton stone driveway - Restored original rock wall with modern lighting - Spacious rear parking area This property represents a rare opportunity to own a piece of local history that has been thoughtfully modernized while maintaining its historic integrity. The meticulous restoration, which earned a City Architectural Award, ensures this property is ready for immediate commercial use while preserving its historic character. Perfect Potential for: - Boutique hotel/inn - Restaurant - Professional offices - Event venue - Retail space Don't miss this opportunity to own a masterfully restored piece of architectural history that combines vintage charm with modern functionality. Contact for pricing and additional details.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$190 USD /SF

# OF ROOMS

3

PRICE/ROOM

$249,667 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Lantern Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1900

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,394 SF

ZONING

MX

APN/PARCEL ID

103-1206,103-1207

ASK ABOUT THIS PROPERTY

Hal ConeLPT Realty, LLCMore Info
540-759-4766

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Hal ConeLPT Realty, LLCMore Info
540-759-4766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.