2295 Jeb Stuart Hwy, Meadows of Dan, VA 24120
$625,000
Property Type:
Commercial
Lot Size (sq. ft.):
1,063,735
Status:
Closed
Current Price:
$625,000
List Date:
3/11/2025
Last Modified:
1/09/2026
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.
Supplements: Don't miss out on this one-of-a-kind investment opportunity! Contact us today for more details!
More Information MLS# 915053
Contract Information
Current Price: $625,000
Sold Price: $625,000
List Date: 2025-03-11
Status: Closed
General Property Description
Construction Status: Completed
Year Built: 1975
Total Acreage: 24.42
Flood Area: No
On site Parking: Yes
Lease Available: No
Water Class: N/A
Location Legal Taxes
Area: 1200 - Patrick County
Street Number: 2295
Street Name: Jeb Stuart Hwy
State/Province: VA
Zip Code: 24120
Municipality: Patrick County
Status Change Info
Ratified Contract Dt: 2025-08-15
Sold Date: 2026-01-09
Sold Price: $625,000
Business Type
Type of Business (Historical Field): Motel
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment
Business Type: Hotel/Motel
Manufactured Homes: No HUD Tag
Water Description: Private Water
Sewer Description: Private Septic
Listing Office: THOMAS & WALL REAL ESTATE LLC
Last Updated: January - 09 - 2026
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