311 E Main St - Hospitality FOR SALE


Christiansburg, VA 24073
$1,195,000 USD
540-357-2084
311 E Main St, Christiansburg, VA for Sale
$1,195,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

311 E Main St
Christiansburg, VA 24073


HIGHLIGHTS

  • Christiansburg's downtown historic district, and a member of the National Register of Historic Places
  • Operated successfully as a prestigious bed and breakfast for the last 25+ years and is a recipient of the AAA 4 Diamond Award
  • Victorian-style home
  • 8 bedrooms and 8.5 baths, plus a detached guest cottage
  • Can host private events and corporate gatherings,

OVERVIEW

311 E. Main Street is a rare hospitality investment in Christiansburg’s downtown historic district, listed on the National Register of Historic Places. This Queen Anne property has operated successfully as a AAA Four Diamond bed and breakfast for 25+ years. Featuring eight en-suite guest rooms, 8.5 baths, and a detached guest cottage on a 1.208-acre downtown parcel, the property offers multiple revenue streams and flexible use. Permitted for private events and corporate gatherings, it presents a unique opportunity to continue B&B operations or convert to a luxury private residence. One block to downtown dining and breweries, and less than seven miles to Virginia Tech and Radford University.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$213 USD /SF

# OF ROOMS

6

PRICE/ROOM

$199,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Oaks Victorian Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1893

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

53,984 SF

ZONING

R3

APN/PARCEL ID

014502

ASK ABOUT THIS PROPERTY

Carmen ElliottElliott Inc.More Info
540-357-2084

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Carmen ElliottElliott Inc.More Info
540-357-2084

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