$625,000
$699,900
10.7%For more information regarding the value of a property, please contact us for a free consultation.
16,000 SqFt
SOLD DATE : 01/09/2026
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $39
MLS Listing ID 423369
Sold Date 01/09/26
Year Built 1975
Annual Tax Amount $3,722
Tax Year 2024
Lot Size 24.420 Acres
Property Sub-Type Commercial
Property Description
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!
Location
State VA
County Patrick
Area Patrick County
Exterior
Parking Features Private Over 10
Building
Sewer Septic
Water Well
Schools
Elementary Schools Meadows Of Dan
Middle Schools None
High Schools Patrick County
School District Patrick County
Others
SqFt Source County
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Bought with Thomas & Wall Real Estate LLC
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