Lexington, VA
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    Lexington, VA Hospitality Properties for Sale

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    Buena Vista, VA Natural Bridge, VA Fairfield, VA
    Howard Johnson Lexington For Sale
    Contact for pricing
    10.72 Acres
    Howard Johnson Lexington For Sale

    2836 N Lee Hwy, Lexington, VA 24450

    100-room hotel on 10.72 acres with I-81 access.
    • 100‑room hotel with direct visibility and access to Interstate‑81 (47,000 vehicles per day).
    • Offered fee simple and unencumbered by debt.
    • Free of third‑party management.
    • Situated on a large 10.72‑acre lot.
    • Five‑story, exterior‑corridor construction.
    Updated: May 18
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    Five-Story Hotel on 10.72 Acres
    Contact for pricing
    50,020 SF
    Five-Story Hotel on 10.72 Acres

    2836 N LEE HWY, Lexington, VA 24450

    Select-service hotel with value-add potential on expansive site.
    • Expansive 10.72‑acre site with visibility on Interstate‑81 (47,640 VPD)
    • Full guestroom furniture refresh underway (all 100 rooms purchased), significant near‑term value‑add
    • Interior corridor structure supports a potential future up flagging conversion opportunity
    • Vacant restaurant space on‑site with potential to lease‑up to increase NOI
    • Recent facility enhancements include 2026 pool repainting & 2022 elevator installations
    Updated: May 12
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    Historic Shenandoah Valley Bed & Breakfast
    $889,900
    6,336 SF
    Historic Shenandoah Valley Bed & Breakfast

    Serene 10-acre estate near Lexington, perfect for hospitality ventures.

    325 Union Run, Lexington, VA 24450

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Lexington, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Lynchburg Commercial Property For Sale
    $1,250,000
    6,215 SF
    Lynchburg Commercial Property For Sale

    High-visibility commercial property with flexible zoning and ample parking.

    4001 Murray, Lynchburg, VA 24501

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    Historic Inn with Event Space
    $1,450,000
    9,737 SF
    Historic Inn with Event Space

    Boutique inn featuring rental suites and event space.

    404 Cabell Street, Lynchburg, VA 24504

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    Versatile Staunton Property Near Downtown
    $550,000
    3,658 SF
    Versatile Staunton Property Near Downtown

    Adaptable commercial/residential property with expansion potential near downtown Staunton.

    705 RICHMOND AVE, Staunton, VA 24401

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    Turnkey Wedding Venue and Inn
    $2,790,000
    9,080 SF
    Turnkey Wedding Venue and Inn

    Premier hospitality property with strong revenue and expansion potential.

    1329 Commerce Rd, Staunton, VA 24401

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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.

    Large Acreage Near I-81
    $3,500,000
    129.00 Acres
    Large Acreage Near I-81

    130+ acres near I-81 with high visibility and accessibility.

    N Lee 11 Highway, Lexington, VA 24450

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    Prime B-2 Divisible Land
    $1,000,000
    8.00 Acres
    Prime B-2 Divisible Land

    8 acres of B-2 land ideal for retail development.

    1300 RICHMOND AVE, Staunton, VA 24401

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    Prime B-2 Divisible Land
    $800,000
    4.00 Acres
    Prime B-2 Divisible Land

    4 acres of B-2 land ideal for retail development.

    1300 RICHMOND AVE, Staunton, VA 24401

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    Prime B-2 Land For Sale
    $875,000
    5.00 Acres
    Prime B-2 Land For Sale

    5 acres of divisible B-2 land ideal for retail development.

    1300 RICHMOND AVENUE, LOT 5, Staunton, VA 24401

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    Off-Market Properties in Lexington, VA

    Consider similar Off-Market properties in Lexington, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    325 Union Run
    Hotels
    6,336 SF Lot: 10.00 Acres

    325 Union Run, Lexington, VA 24450

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    1139 Lee Hwy
    HOTEL/MOTEL
    17,985 SF Lot: 1.02 Acres
    Value Estimation by Request

    1139 Lee Hwy, Lexington, VA 24450-3300

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    Lee Hwy
    HOTEL/MOTEL
    14,286 SF Lot: 2.29 Acres
    Value Estimation by Request

    Lee Hwy, Lexington, VA 24450

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    65 Econo Ln
    HOTEL/MOTEL
    21,129 SF Lot: 2.98 Acres
    Estimated value
    $525,000

    65 Econo Ln, Lexington, VA 24450-3726

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    62 Comfort Way
    HOTEL/MOTEL
    36,827 SF Lot: 1.67 Acres
    Estimated value
    $630,000

    62 Comfort Way, Lexington, VA 24450-3727

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    Lexington, VA Hospitality Properties Investment Opportunities Market Analysis

    Explore 8 hospitality properties for sale in Lexington, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,672 square feet of properties for sale, with an estimated market value of $1,778,900.

    Sale prices for hospitality properties in Lexington, VA start at $889,000, averaging $889,450, and reaching up to $889,900 — 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

    Hotels 2
    Bed & breakfasts 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +11.5%
    Median Household Income $77,839
    College Educated 69.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    24450 $889.5K

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