1329 Commerce Rd - Hospitality FOR SALE


Staunton, VA 24401
$2,790,000 USD
540-820-7008
1329 Commerce Rd, Staunton, VA for Sale
$2,790,000 USD
Hospitality - FOR SALE
1/71
null | Request Cap Rate

1329 Commerce Rd
Staunton, VA 24401


HIGHLIGHTS

  • ON-SITE LODGING FOR 34 GUESTS
  • FULLY REMODELED IN 2023
  • 12 ACRES ZONED BUSINESS JUST 3 MILES TO DOWNTOWN STAUNTON AND 1 MILE TO I-81
  • MULTIPLE INCOME STREAMS: WEDDINGS, RETREATS, NIGHTLY LODGING
  • HIGHLY RATED ACROSS ALL PLATFORMS
  • $515k GROSS REVENUE WITH 42% NOI, LITTLE OWNER INVOLVEMENT

OVERVIEW

A rare opportunity to own a fully operational, income-producing hospitality property in the heart of Virginia's wedding country. Fully remodeled in2023, Batten Green comes turnkey with hundreds of 5-star reviews, a strong forward-booked event calendar, and gross revenue exceeding $500k, all with minimal owner involvement. The 12-acre property includes a 3-bedroom Manor House, a Studio Cottage, and an 8-suite Guest House, sleeping up to 34 guests on-site. Event infrastructure is already in place: a 60x80 reception tent, an indoor solarium, and manicured grounds that comfortably host weddings for up to 250. Beyond weddings, the layout lends itself naturally to corporate retreats, family reunions, and private gatherings, with ample lodging and open grounds that make longer stays easy to sell. Zoned for business use with public water and sewer already in place, expansion possibilities include additional lodging or amenities to grow returns. Just 5 minutes from downtown Staunton and 1 mile from I-81, the property offers the rare combination of easy access and total privacy, framed by sweeping pastoral and mountain views.

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$703 USD /SF

# OF ROOMS

10

PRICE/ROOM

$279,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WELCOME TO BATTEN GREEN - LUXURY VENUE & INN

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.2 AC

LAND SF

531,432 SF

ZONING

B2

APN/PARCEL ID

10444,10446

ASK ABOUT THIS PROPERTY

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540-820-7008

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540-820-7008

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