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    Hostel with Sleeping Cubicles
    Updated: Sep 26
    Hostel with Sleeping Cubicles

    605 East 5th St, Damascus, VA 24236

    $375,000
    1,200 sqft
    Accommodates up to 22 guests in 10 XL twin and 12 full‑size sleeping cubicles
    1,200‑square‑foot lodging property built in 2011
    Includes 28 solar panels, a covered outdoor deck, and privacy fencing
    Two full‑size stackable laundry machines and a kitchenette
    Located along the Appalachian Trail in downtown Damascus; Virginia Creeper Trail is within walking distance
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Damascus, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Trailside Hostel Property
    Trailside Hostel Property

    306 W Blue Grass Trail lot: 306, Ceres, VA 24318

    $65,000
    2.32 AC lot

    Existing lodging improvements support continued outdoor hospitality use with guest sleeping, bathing, laundry, and gathering facilities.

    View details
    Hostel with Bunkhouse
    Hostel with Bunkhouse

    306 W Blue Grass Trl, Ceres, VA 24318

    $65,000

    Lodging improvements include a separate bathhouse with laundry facilities and a chapel.

    View details
    Hotel Property for Sale
    Hotel Property for Sale

    4 Reynolds Mountain Boulevard, Asheville, NC 28804

    Contact for pricing

    For-sale hotel opportunity presented by DDM Hotels with an existing Holiday Inn Express brand affiliation.

    View details
    The Mountaineer Inn Hotel
    The Mountaineer Inn Hotel

    155 Tunnel Rd, Asheville, NC 28805

    Contact for pricing

    Hotel property at 155 Tunnel Rd in Asheville, North Carolina.

    View details

    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.

    Commercial Land Near Retail Anchors
    Commercial Land Near Retail Anchors

    Windy Drive, Marion, VA 24354

    $285,000
    6.85 AC lot

    Commercially zoned land with public water and sewer available, positioned near established retail and restaurant businesses.

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    Cleared C-1 Commercial Land
    Cleared C-1 Commercial Land

    Main Street lot: B, Lebanon, VA 24266

    $269,000
    2.13 AC lot

    Mostly level, cleared site with water available and commercial zoning within the Town of Lebanon.

    View details
    C-1 Commercial Land
    C-1 Commercial Land

    Main Street lot: A, Lebanon, VA 24266

    $299,000
    2.04 AC lot

    Cleared, mostly level site with C-1 zoning and water available for commercial development.

    View details

    Damascus, VA Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Damascus, VA on our real estate platform. These investment opportunities span a total of 1,200 square feet of properties for sale, with an estimated market value of $375,000.

    Sale prices for resorts in Damascus, VA average $375,000 — 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

    Hotels 1

    Demographics Overview

    Population 3,023
    Population Growth (5Y) -4.1%
    Median Household Income $33,846
    College Educated 25.6%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

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