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    Elevator-Served Hotel Property
    Updated: Aug 7
    Elevator-Served Hotel Property

    205 205 S Main Street, Blacksburg, VA 24060

    $5,950,000
    23,940 sqft
    34 existing guest units across three floors
    23,940‑square‑foot hospitality property built in 2008
    Elevator access, central corridor layout, and two stairwells
    Covered parking and modernized common areas
    Consistent unit dimensions and stacked plumbing
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    This listing looks promising.

    Here's a quick look at some key insights for

    205 205 S Main Street, Blacksburg, VA 24060

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $301K
      Annual

    • Price @ 7% Cap

      $4.3M
      Suggested

    • Property Type

      Commercial (General)
      Built 2008
    View Property Analytics
    Elevator-Served Hospitality Building
    Updated: Mar 23
    Elevator-Served Hospitality Building

    205 S Main St, Blacksburg, VA 24060

    Contact for pricing
    23,940 sqft
    3‑story inn built in 2013 with elevator access and dual stairwells
    Approximately 34 existing guest units across three floors with a central corridor layout
    On‑site covered parking and under‑facility parking
    Central corridor and efficient, consistent unit dimensions with stacked plumbing
    Potential for conversion to mixed‑use or multifamily apartments (pending approvals)
    View details
    Based on your search, we've compiled 4 Potential Opportunities for your consideration. Besides 2 Active listings in Montgomery County, VA, we suggest exploring several alternatives: plus 2 Land Listings that present a potential for development.

    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 Development Land with Road Frontage
    Commercial Development Land with Road Frontage

    Lee Highway, Dublin, VA 24084

    $795,000
    12.65 AC lot

    Multi-venture development site with strong traffic counts and public utilities available for flexible commercial uses.

    View details
    Land Parcels Adjacent to Home Depot
    Land Parcels Adjacent to Home Depot

    3217 Hershberger Rd. |, Roanoke, VA 24017

    Contact for pricing
    2.30 AC lot

    Parcels near Home Depot suitable for retail and hospitality.

    View details

    Montgomery County, VA Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Montgomery County, VA on our real estate platform. These investment opportunities span a total of 47,880 square feet of properties for sale, with an estimated market value of $5,950,000.

    Sale prices for resorts in Montgomery County, VA average $5,950,000 — 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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