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3503 Holiday Ln
Blacksburg, VA 24060
Land for Redevelopment · Hospitality Property For Sale
·
98 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 98 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | F | Year Built/Renovated | 1965/2014 |
| Lot Size | 5.86 AC | Parking Ratio | 1.98/1,000 SF |
| Construction Status | Demolished | Corridor | Exterior |
| Building Size | 74,349 SF | ||
| Zoning | GC - General Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | F |
| Lot Size | 5.86 AC |
| Construction Status | Demolished |
| Building Size | 74,349 SF |
| No. Rooms | 98 |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2014 |
| Parking Ratio | 1.98/1,000 SF |
| Corridor | Exterior |
| Zoning | GC - General Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Meeting Event Space
ABOUT 3503 HOLIDAY LN , BLACKSBURG, VA 24060
Property within Blacksburg town limits perfect for use as lodging or redevelopment along high traffic area with easy access. Located across 460 BUS from Montgomery Regional Hospital with easy on/off access to 460 Exit 5. Less than a mile to the VT Corporate Research Center and Virginia Tech Airport. VT campus is 1.5 miles. Annual average daily traffic: 460 Bypass = 42,000 VPD 460 Business = 17,000 VPD Events at Va Tech, such as athletics & graduations generate greater traffic. Use as Lodging: Existing hotel approx 51,500 sq ft containing 98 guest rooms - kings, doubles, suites, and studio suites. Includes approx 191 parking spaces. Hotel built 1968 - renovated in 2014. Amenities include 3 meeting rooms, outdoor swimming pool, fitness center, business center, party center, and limited kitchen serving breakfast. The hotel contained a restaurant, therefore, space is available. Other Proposed Uses: Office building, Mixed use retail, including restaurants, Medical office building, Medical facility, ie physical therapy, assisted living, or rehabilitation center. Utilities: Public Water Service, Natural Gas Water Heater, Public Sewer Interior? Flooring: Carpet and Other, Vinyl, Carpet Cooling: Central Air, Wall Air Conditioning, Room Refrigerators Heating: Forced Air
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $134.00 | - |
| Guest Room | 97 | $79.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $48,000 | |
| Land Assessment | $1,491,500 | Total Assessment | $1,539,500 |
PROPERTY TAXES
