2295 Jeb Stuart Hwy - Hospitality FOR SALE


Meadows Of Dan, VA 24120
$729,900 USD
540-745-8973
2295 Jeb Stuart Hwy, Meadows Of Dan, VA for Sale
$729,900 USD
Hospitality - FOR SALE
1/82
null | Request Cap Rate

2295 Jeb Stuart Hwy
Meadows Of Dan, VA 24120


OVERVIEW

Iconic Parkway Hotel – Prime Investment Opportunity Nestled just off the scenic Blue Ridge Parkway, this 16,000+ square foot hotel has been a welcoming retreat for travelers since 1975. With 19 updated rooms and an expansive 24 acres, this property offers immense potential for expansion and modernization. Strategically located within an easy drive to Floyd, VA, wineries, breweries, Mabry Mill, and other Parkway destinations, this hotel remains an untapped investment opportunity, having never been marketed online. Whether you’re looking to enhance the existing operation, add additional accommodations, or introduce new amenities, the possibilities are endless. A rare chance to own a piece of Blue Ridge history with unmatched growth potential. Don’t miss out on this one-of-a-kind investment opportunity! Contact us today for more details!

FOR SALE DETAILS

PRICE

$729,900 USD

PRICE/SF

$46 USD /SF

# OF ROOMS

19

PRICE/ROOM

$38,416 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Blue Ridge Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

32

LAND DETAILS

LAND ACRES

24.11 AC

LAND SF

1,050,235 SF

ZONING

-

APN/PARCEL ID

43150027,43150028,43150029,43150030

ASK ABOUT THIS PROPERTY

Kelly ThomasThomas & Wall Real EstateMore Info
540-745-8973

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Kelly ThomasThomas & Wall Real EstateMore Info
540-745-8973

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