$625,000
$699,900
10.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/09/2026
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 915053
Sold Date 01/09/26
HOA Y/N No
Year Built 1975
Annual Tax Amount $3,722
Acres 24.42
Property Sub-Type Commercial
Source Roanoke Valley Association of REALTORS®
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 County
Area 24.42
Direction From exit off Blue Ridge Parkway in Meadows of Dan, VA, take Jeb Stuart Hwy west and hotel is on right at sign.
Interior
Fireplace No
Exterior
Parking Features On Site
Garage No
Building
Sewer Private Septic
Water Private Well
New Construction No
Others
Tax ID 4315-27,28,29,30
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "