1424 N Main St - Hospitality FOR SALE
Marion, VA 24354 |
1424 N Main St
Marion, VA 24354
HIGHLIGHTS
- Value Add Potential Hotel w/ Pool, 870 SF Hall, 5,100 Sq Ft Restaurant/Space w/ Option to Add Bar, or Fast Food for Extra Income.
- Local Lodging Market Poised to Grow in Value due to Unmet Housing Needs From Section 8 Housing to $750K+ Homes, Supply Constraints, College Expansion.
- Smyth County is Within 45-min Drive of Tri-Cities MSA of Bristol, Kingsport and Johnson City With 2022 Population of Over 500,000.
- +/-Miles: Bristol VA-45; Roanoke VA-100; Greensboro NC 140; Charleston, WV-150; Knoxville, TN-155; Charlotte NC-160; Durham NC-190; Raleigh NC-215.
- Excellent Location In a Bustling Retail Corridor Between Route 11 and Interstate 81, the Main Thoroughfare for Southwestern Virginia.
- SBA / USDA Loan Eligible Property. Call Madhur Gupta at 919-428-9840 For Hotel Loans. Gujarati / Hindi Translation Available.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Red Roof Inn Marion, VA
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
24000
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1964
PARKING SPACES
55
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
154-24-1A
