125 River Ridge Dr - Hospitality FOR SALE


Pearisburg, VA 24134
$2,750,000 USD
804-453-8770
125 River Ridge Dr, Pearisburg, VA for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/107
null | Request Cap Rate

125 River Ridge Dr
Pearisburg, VA 24134


HIGHLIGHTS

  • The local area is the playground of Virginia with ample hiking, canoeing, kayaking, tubing, fishing, etc.
  • Located approximately 25 mins from Virginia Tech, there is never a shortage of potential guests.
  • Also the Inn is located within minutes of grocery stores and shopping in Pearisburg.
  • Also the Inn is located within minutes of grocery stores and shopping in Pearisburg.

OVERVIEW

Nestled in scenic Southwest Virginia; this award winning property was recognized by the Governor as "A Crown Jewel to the Commonwealth!" This property has gained regional and national attention. With a complete renovation in 2023; The Lilly Valley Inn has become synonymous with culture, class, and exceptional service. The view from every room is simply breathtaking. as it sits atop a bluff overlooking the bend of the New River. Sunrise takes on new meaning at this special property. The 14+ acre property consists of two structures: The main house which features seven bedrooms, all with bathrooms attached; a the main dining room with commercial kitchen; and two lounging areas. The view is emphasized with large windows in every room, and plenty of parking in the circular driveway. The other structure has is a two story detached unit that has two bedrooms upstairs with a large living area downstairs. A fully renovated kitchen with with beautiful island for the families to gather. Lilly Valley Inn is perfect for any gathering, event, family reunion, etc. The local area is the playground of Virginia with ample hiking, canoeing, kayaking, tubing, fishing, etc. Located approximately 25 mins from Virginia Tech, there is never a shortage of potential guests. Also the Inn is located within minutes of grocery stores and shopping in Pearisburg. You won't want to miss this opportunity. Come and see the view for yourself.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$392 USD /SF

# OF ROOMS

8

PRICE/ROOM

$343,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bed and Breakfast with Amazing Views

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2003

PARKING SPACES

22

LAND DETAILS

LAND ACRES

3.59 AC

LAND SF

156,380 SF

ZONING

RRA1

APN/PARCEL ID

41-7-4, 41-7-5,4175

ASK ABOUT THIS PROPERTY

Casey ReynoldsNational Land RealtyMore Info
804-453-8770

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Casey ReynoldsNational Land RealtyMore Info
804-453-8770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.