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Union Hall, VA Hospitality Properties for Sale

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Smith Mountain Lake Resort Opportunity
$4,999,000
26.15 Acres

Smith Mountain Lake Resort Opportunity

750 Penn Hall Rd, Union Hall, VA 24176

26+ acres with development plans and permits on Smith Mountain Lake.

  • 26.15 acres of contiguous private lakefront land with 658 feet of shoreline offering unparalleled scale and privacy on Smith Mountain Lake.
  • Special Use Permit secured, allowing operation as a resort with plans and permits in place for a wedding barn, clubhouse, and 40 villas.
  • Permitted dock partially completed with guaranteed contractor placement for Summer 2026 completion, including a 4‑slip dock (34x54) with storage and an uncovered 30x30 dock.
  • Full 2025 renovation of the historic mansion, combining historic character with modern luxury.
  • Rare lakefront privacy with no other residences within a mile.
Updated: Mar 5
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Lakefront Manor Estate For Sale
$4,999,000
8,218 SF

Lakefront Manor Estate For Sale

750 Penn Hall Rd, Union Hall, VA 24176

Entitled lakefront estate with commercial potential on 26+ acres.

  • Fully entitled for commercial resort use, including events, retreats, and destination programming.
  • Complete infrastructure and recent (2024) top‑to‑bottom renovation, including commercial kitchen, new septic system, commercial well, and extensive landscaping.
  • Extensive private lake frontage (650+ feet) on Smith Mountain Lake with approved 3,000+ sq ft dock (partially installed) and rip‑rapped shoreline.
  • Significant revenue potential supported by pro‑formas and third‑party valuation analysis indicating a stabilized value range of $45MM–$50MM.
  • Completely private 26+ acre estate setting with no neighboring density pressure.
Updated: Mar 7
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Union Hall, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

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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Downtown Commercial Building on Main
$1,300,000
24,508 SF

Downtown Commercial Building on Main

Prominent mixed-use building with high visibility and redevelopment potential.

1026 Main Street, Lynchburg, VA 24504
View details
Valley View Boulevard Development Opportunity
$3,100,000

Valley View Boulevard Development Opportunity

2.3-acre commercial parcel in a high-traffic retail corridor.

Roanoke, VA 24017
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Hotel with Ocean View
Contact for pricing
8,938 SF

Hotel with Ocean View

Hotel with restaurant, bar, pool, and ocean view rooms.

Roanoke, VA 24000
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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.

Land Parcels Adjacent to Home Depot
Contact for pricing

Land Parcels Adjacent to Home Depot

Parcels near Home Depot suitable for retail and hospitality.

3217 Hershberger Rd. |, Roanoke, VA 24017
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Cleared Land Near Caesars Casino
$4,300,000
63.00 Acres

Cleared Land Near Caesars Casino

63-acre cleared land suitable for residential or commercial development.

00 DEER RUN RD, Danville, VA 24540
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Commercial Land Near Casino
$999,000
4.50 Acres

Commercial Land Near Casino

Commercial land with road frontage, convenient to the Casino.

533 PINEY FOREST RD, Danville, VA 24540
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Lynchburg Commercial Property For Sale
$1,250,000
6,215 SF

Lynchburg Commercial Property For Sale

Thriving commercial property with a large building and ample parking.

4001 Murray, Lynchburg, VA 24501
View details

Union Hall, VA Hospitality Properties Investment Opportunities Market Analysis

Explore 2 hospitality properties for sale in Union Hall, VA on our real estate platform. These investment opportunities span a total of 8,218 square feet of properties for sale, with an estimated market value of $4,999,000.

Sale prices for hospitality properties in Union Hall, VA start at $4,999,000, averaging $4,999,000, and reaching up to $4,999,000 — 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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