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The Oaks Victorian Inn 311 E Main St 6 Room Bed and Breakfast Christiansburg, VA 24073 $1,195,000 ($199,167/Room) 4.18% Cap Rate

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Investment Highlights

Christiansburg's downtown historic district, and a member of the National Register of Historic Places
Victorian-style home
Can host private events and corporate gatherings,

Operated successfully as a prestigious bed and breakfast for the last 25+ years and is a recipient of the AAA 4 Diamond Award
8 bedrooms and 8.5 baths, plus a detached guest cottage

Executive Summary

311 E. Main Street is a rare hospitality investment in Christiansburg’s downtown historic district, listed on the National Register of Historic Places. This Queen Anne property has operated successfully as a AAA Four Diamond bed and breakfast for 25+ years. Featuring eight en-suite guest rooms, 8.5 baths, and a detached guest cottage on a 1.208-acre downtown parcel, the property offers multiple revenue streams and flexible use. Permitted for private events and corporate gatherings, it presents a unique opportunity to continue B&B operations or convert to a luxury private residence. One block to downtown dining and breweries, and less than seven miles to Virginia Tech and Radford University.

Property Facts

Price	$1,195,000	Lot Size	1.24 AC
Price Per Room	$199,167	Building Size	5,500 SF
Sale Type	Investment	No. Rooms	6
Cap Rate	4.18%	No. Stories	3
Sale Condition	Business Value Included	Year Built/Renovated	1893/2020
Property Type	Hospitality	Parking Ratio	2.73/1,000 SF
Property Subtype	Bed and Breakfast Hospitality Hotel	Corridor	Interior
Building Class	B
Zoning	R3

Price	$1,195,000
Price Per Room	$199,167
Sale Type	Investment
Cap Rate	4.18%
Sale Condition	Business Value Included
Property Type	Hospitality
Property Subtype	Bed and Breakfast Hospitality Hotel
Building Class	B
Lot Size	1.24 AC
Building Size	5,500 SF
No. Rooms	6
No. Stories	3
Year Built/Renovated	1893/2020
Parking Ratio	2.73/1,000 SF
Corridor	Interior
Zoning	R3

High Speed Internet Access
Patio

Bed & Breakfast

Public Access Wifi

Smoke-Free

About 311 E MAIN ST , CHRISTIANSBURG, VA 24073

The Oaks Bed & Breakfast is a distinguished historic property prominently positioned along Main Street in downtown Christiansburg, Virginia. This elegant residence blends timeless architectural character with modern functionality, offering a rare opportunity to acquire a fully operating boutique hospitality asset in the growing New River Valley market. Located just minutes from Virginia Tech and convenient to Blacksburg, the property benefits from consistent demand driven by university events, weddings, corporate visitors, medical professionals, and regional tourism. Christiansburg’s continued commercial growth and revitalization efforts further strengthen the long-term investment profile of this asset. Additional detatched guest suite with sauna. Atrium Doors, Bay/Bow Windows, Built-Ins, Ceiling Fan(s), Ceramic Tile Bath(s), Extra Kitchen, Extra Storage, French Doors, Guest Suite, Multi-Panel Doors, Pantry, Spa Shower, Spa Tub, Walls-Plaster, Window Treatment(s), Wireless Int. Ready, Cable Available, Walk-in Closet(s) Hardwood Floors Family Room, Gas Logs/Vented, Living Room, Balcony, Blacktop Driveway, Curbs, Garden Space, Patio, Porch, Private Yard, Quality Landscaping