$625,000
$699,900
10.7%For more information regarding the value of a property, please contact us for a free consultation.
24.42 Acres Lot
SOLD DATE : 01/09/2026
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Municipality From exit off Blue Ridge Parkway in Meadows of Dan, VA, take Jeb Stuart Hwy west and hotel is on right at sign.
MLS Listing ID 915053
Sold Date 01/09/26
Year Built 1975
Lot Size 24.420 Acres
Property Sub-Type Investment
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.
Location
State VA
County Patrick County
Direction From exit off Blue Ridge Parkway in Meadows of Dan, VA, take Jeb Stuart Hwy west and hotel is on right at sign.
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Bought with THOMAS & WALL REAL ESTATE LLC
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