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
Overview
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:
Listing Details MLS# 915053
Location, Tax & Legal
- Area
- 1200 - Patrick County
- Street Number
- 2295
- Street Name
- Jeb Stuart Hwy
- State/Province
- VA
- Zip Code
- 24120
- Municipality
- Patrick County
- Major Area
- 12 - Patrick County
- Tax ID
- 4315-27,28,29,30
- Annual Taxes
- 3722
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
Status Change Info
- Ratified Contract Dt
- 2025-08-15
- Sold Date
- 2026-01-09
Business Type
- Type of Business (Historical Field)
- Motel
- Hotel/Motel
- Yes
Remarks & Misc
- Directions
- From exit off Blue Ridge Parkway in Meadows of Dan, VA, take Jeb Stuart Hwy west and hotel is on right at sign.
More Information
Limited Service
- Not Limited Service
- Yes
Commercial Type
- Investment
- Yes
Water Description
- Private Water
- Yes
Sewer Description
- Private Septic
- Yes
Manufactured Homes
- No HUD Tag
- Yes
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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