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The Inn and Tavern at Meander 2333 N James Madison Hwy 12 Room Bed and Breakfast Locust Dale, VA 22948 $3,500,000 ($291,667/Room)
Executive Summary
Entitled opportunity to add an additional 10+ cabins along the Robinson River and reformat the former stables as a wedding & event venue.
Property Facts Under Contract
| Price | $3,500,000 | Lot Size | 77.07 AC |
| Price Per Room | $291,667 | Building Size | 27,703 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Bed and Breakfast | Year Built/Renovated | 1789/2017 |
| Building Class | B | Corridor | Exterior |
| Zoning | A1FP | ||
| Price | $3,500,000 |
| Price Per Room | $291,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 77.07 AC |
| Building Size | 27,703 SF |
| No. Rooms | 12 |
| No. Stories | 2 |
| Year Built/Renovated | 1789/2017 |
| Corridor | Exterior |
| Zoning | A1FP |
Amenities
- Balcony
- Restaurant
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $289.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 52-1D | Improvements Assessment | $1,750,400 |
| Land Assessment | $1,208,800 | Total Assessment | $2,959,200 |
Property Taxes
Parcel Number
52-1D
Land Assessment
$1,208,800
Improvements Assessment
$1,750,400
Total Assessment
$2,959,200
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The Inn and Tavern at Meander | 2333 N James Madison Hwy
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