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This is a great business opportunity in Meadows of Dan near one of the most exited spots on the Blue Ridge Parkway in beautiful Patrick County, VA. The property consists of an operating motel with 18 units, a 5 bedroom 3 bath house 3600 sq.ft. with a new roof in 2022, a motel office, a restaurant building 2000 sq.ft. currently not in operation with paved parking lot, 5 septic tanks, 2 wells, and over 20 unimproved acres between Rt. 58 business and Rt. 58 bypass that gives room for expansion or perfect for an RV park or campground. The owner has kept up the maintenance very well and wants to retire, so now is the time to own and operate the only motel on the mountain!

133729 Contract 1963 1 8/25/23
Price: $699,000
Address: 2295 Jeb Stuart Hwy
Location: Meadows of Dan, VA 24120
Bathroom: 22 Baths
Size: 11590 Square Feet
Lot: 24.42 Acres
Estimated Payment: $2,590 Per Month*
Based on a 30-year fixed rate of 3.75% with 20% down.
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© 2024 Martinsville MLS RETS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MVMLS. Real estate listings held by IDX Brokerage firms other than Rives S. Brown, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed.

Data last updated: Friday, August 25, 2023. Listing courtesy of Warren Rodgers Realty.

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