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: Don't miss out on this one-of-a-kind investment opportunity! Contact us today for more details!

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

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

More Information

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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