Hospitality

Independence, VA Hospitality Properties for Sale

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Galax, VA Sparta, NC Elk Creek, VA Fries, VA Ennice, NC Piney Creek, NC Mouth Of Wilson, VA Laurel Springs, NC
Historic Bed & Breakfast
Updated: Sep 28
Historic Bed & Breakfast

509 W Main St, Independence, VA 24348

$650,000
11 guest rooms, each with a private bathroom, personal entry code, and Wi‑Fi
Originally built in 1902
Main level has shared common areas and a large kitchen
Situated beside the New River, facing New River Trail State Park
Furniture, fixtures, and equipment are included
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1 active listing matches your search: Hospitality for sale in Independence, VA. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

RV Lot with Covered Pergola
RV Lot with Covered Pergola

2524 Edmonds Road, Galax, VA 24333

$185,000
0.10 AC lot

RV lot with utility connections, a cabin, and covered outdoor entertaining space.

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Motorcoach Resort Pad with Full Hookups
Motorcoach Resort Pad with Full Hookups

2524 Edmonds Rd Unit 56, Galax, VA 24333

$185,000

Extra-long concrete pad with back-in access and 30/50 amp electric plus an on-site setup for comfortable outdoor living.

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Riverfront Campground With Park Models
Riverfront Campground With Park Models

496 Shady River Dr, Ivanhoe, VA 24350

$250,000

Established RV and camping sites include full-hookup infrastructure and underground electrical service.

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Riverfront Campground
Riverfront Campground

496 Shady River Drive, Unit 18, Ivanhoe, VA 24350

$250,000

Five established camping sites include four with full hookups and a shared pavilion overlooking the river.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Recreation Land with Streams
Recreation Land with Streams

Riverside Dr lot: 7, 9A, Independence, VA 24348

$243,500
53.25 AC lot

Agricultural-zoned acreage with wooded terrain, established paths, clearings, and electricity available.

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New River Waterfront Land
New River Waterfront Land

River Beach Lane lot: 11, Galax, VA 24333

$198,000
10.69 AC lot

Buildable, surveyed waterfront land with river access, open and wooded areas, and a walkable, gently sloping build site.

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New Riverfront Land
New Riverfront Land

Happy Hunt Drive lot: 7 & 8, Grassy Creek, NC 28631

$100,000
1.94 acres

Riverfront parcel with dual access, mountain views, and prior septic and well permitting.

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Unrestricted Land with River Frontage
Unrestricted Land with River Frontage

no # Edna Perry Road, Crumpler, NC 28617

$215,000
20.67 acres

20+ acres of unrestricted land with New River frontage.

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Independence, VA Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Independence, VA on our real estate platform.

Sale prices for hospitality properties in Independence, VA average $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 1

Demographics Overview

Population 5,095
Population Growth (5Y) +15.6%
Median Household Income $42,408
College Educated 18.9%

High-Yield Neighborhoods for Investment

Identify Independence submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24348 $650K

Taxes & Financing

Tax Rate (average for all types) 0.57%
Property Tax per SF $8.04 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grayson County

New Delisted

Total CRE Inventory on Market (SF)

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