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    Luray, VA Hotels for Sale

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    Rileyville, VA Stanley, VA New Market, VA Fort Valley, VA Shenandoah, VA Edinburg, VA Sperryville, VA Mount Jackson, VA
    Boutique Hotel Investment Opportunity
    Updated: Sep 13, 2024
    Boutique Hotel Investment Opportunity

    2 S Court St, Luray, VA 22835

    Contact for pricing
    11,000 sqft
    Prime B1 zoned location in the vibrant Luray area, close to key attractions
    11,000 square foot property with 12 boutique rooms suitable for apartments, Air BnB, or hotel**
    Meticulously renovated in 2015, blending timeless architecture with modern amenities
    Exceptional hospitality investment opportunity with potential for high returns
    Additional lot on Main St included in the price
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Luray, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    63-Room Limited-Service Hotel
    63-Room Limited-Service Hotel

    1803 Emmet Street North, Charlottesville, VA 22901

    Contact for pricing
    28,392 sqft 1.66 AC lot

    Four-story interior-corridor hotel with direct visibility and access at the Route 250 and Route 29 interchange.

    View details
    Five-Story Hotel on 10.72 Acres
    Five-Story Hotel on 10.72 Acres

    2836 N LEE HWY, Lexington, VA 24450

    Contact for pricing
    50,020 sqft 10.72 AC lot

    Select-service hotel with value-add potential on expansive site.

    View details
    Limited-Service Hotel
    Limited-Service Hotel

    1803 Emmet St N, Charlottesville, VA 22901

    Contact for pricing
    1.66 AC lot

    Four-story interior-corridor limited-service hotel with 63 rooms on 1.66 acres near Route 250 and Route 29.

    View details
    Howard Johnson Lexington For Sale
    Howard Johnson Lexington For Sale

    2836 N Lee Hwy, Lexington, VA 24450

    Contact for pricing
    10.72 AC lot

    100-room hotel on 10.72 acres with I-81 access.

    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 I-81
    Commercial Land Near I-81

    BRANDY CT., Strasburg, VA 22657

    $325,000
    1.15 AC lot

    1.15-acre commercial parcel with B-1 zoning near I-81.

    View details
    Commercial Land Near Interstate
    Commercial Land Near Interstate

    N VALLEY PIKE, Harrisonburg, VA 22801

    $1,650,000
    14.46 AC lot

    B-1 commercial zoning with public water and sewer availability near interstate access.

    View details
    Commercial Lot in Culpeper, VA
    Commercial Lot in Culpeper, VA

    121 W PIEDMONT Street, Culpeper, VA 22701

    $325,000
    0.29 AC lot

    Commercial lot suitable for duplex or small hotel development.

    View details

    Off-Market Properties in Luray, VA

    Consider similar Off-Market properties in Luray, 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.

    2 Court St
    Hotels

    2 Court St, Luray, VA 22835

    Value Estimation by Request
    11,000 sqft
    View details

    Luray, VA Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Luray, VA on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 2
    Hotels 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) -2.4%
    Median Household Income $57,365
    College Educated 29.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.65%
    Property Tax per SF $10.97 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Page County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Luray fall within the Under 2,500 square foot range.

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