Blue Ridge Motel 2295 Jeb Stuart Hwy 19 Room Hotel Meadows Of Dan, VA 24120 $729,900 ($38,416/Room)
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
| Price | $729,900 |
| Price Per Room | $38,416 |
| Sale Type | Investment or Owner User |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 24.11 AC |
| Building Size | 16,000 SF |
| No. Rooms | 19 |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 2/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 19 | $67.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $356,100 | |
| Land Assessment | $153,800 | Total Assessment | $509,900 |
