Main Street & Memorial Drive - Residential LAND FOR SALE


Luray, VA 22835 209,088 SF
$595,000 USD
301-571-8202
Main Street & Memorial Drive, Luray, VA for Sale
$595,000 USD
Residential LAND - FOR SALE
1/3
209,088 SF

Main Street & Memorial Drive
Luray, VA 22835


HIGHLIGHTS

  • Located at signalized intersection at western entrance to historic Luray, adjacent the Mimslyn Inn and Page Memorial Hospital.

OVERVIEW

Prime 4.797 acre development corner in the Town of Luray’s B 1 Business District, ideally positioned for commercial, mixed use, or townhouse development via Special Use Permit. The property sits at the signalized intersection of West Main Street (Business Route 211) and Memorial Drive, directly in front of Valley Health Page Memorial Hospital and near the historic Mimslyn Inn. Outstanding visibility and access, with daily traffic driven by medical, hospitality, senior care, and established residential neighborhoods with Comcast high speed internet available at the street. Just one mile from Luray Caverns, which attracts roughly 500,000 visitors annually, the site is well suited for hotel, medical office, retail, restaurant, or other B 1 by right uses. Townhouses and additional residential options are allowed by Special Use Permit under the Town of Luray zoning ordinance, offering flexibility for a future mixed use or residential community. Offered at $595,000. Buyer to verify all uses, utilities, and approvals with the Town of Luray.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/ACRE

$123,958/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Main Street Luray

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Hotel, Single Family Development

LAND ACRES

4.8 AC

LAND SF

209,088 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

B-1

APN/PARCEL ID

42A10-A-67

ASK ABOUT THIS PROPERTY

Bob AllnuttAREA Properties, LLCMore Info
301-571-8202

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Bob AllnuttAREA Properties, LLCMore Info
301-571-8202

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