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    1265 Goodrich Rd Stanley, VA 22851

    For Sale
    $1,250,000

    Building - STANLEY, VA

    Property size:
    8,050 SF
    Lot size:
    2.56 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1265 Goodrich Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-1 Industrial
    APN
    72 8 6
    Size
    8,050 SF
    Lot size
    2.56 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Stucco
    Roof type
    Metal
    Architectural style
    Other

    Funkhouser Real Estate Group: Luray (540) 743-4545

    Listing agent Lauren Reed (540) 743-4545 License #0225248751

    Listing date Apr 28, 2025

    MLS# 652292 Listing URL

    Copyright © 2025 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Wedding and Event Venue

    This commercial building, with over 8,000 square feet, is currently utilized as a turn-key wedding and event venue. Situated in the heart of the Shenandoah Valley, the property, known locally as the Goodrich Center, offers a welcoming foyer that opens to a banquet hall. The banquet hall can be divided or opened further into a grand space. Separate existing office and planning spaces allow for organization and convenience. The commercial kitchen includes preparation space, walk-in refrigeration, and a deep freezer. The property is offered with equipment needed for hosting and catering, including tables, chairs, decorations, and linens. Located on 2.5 acres, the property is conveniently located between Luray and Stanley, Virginia, with a short drive to the Shenandoah National Park, George Washington National Forest, Shenandoah River, and Luray Caverns. The property is zoned I-1 Industrial and is suitable for wedding venues, specialty properties, commercial kitchens, restaurants, and retail properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Goodrich Center Event Venue

    Suggested Use

    Restaurant Hotel & Motel Kitchen & Bath Storage Facility Plumbing Service Breakfast Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stanley
    County
    Page
    State
    Virginia
    Longitude
    -78.4968634
    Latitude
    38.5909066

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    FAQs

    What type of property is this?
    Wedding venue - 8,000+ sqft commercial building in the Shenandoah Valley.
    Where is this wedding venue located?
    The property is located at 1265 Goodrich Rd Stanley, VA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Turn-key wedding and event venue with all equipment (tables, chairs, decorations, linens) included.; - Over 8,000 sq ft commercial building with banquet hall, office spaces, and commercial kitchen.; - Commercial kitchen with walk-in refrigeration/freezer and ample preparation space.
    (540) 743-4545
    Request Owner's contact information
    1265 Goodrich Rd Stanley, VA 22851
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    Stanley, VA 22851
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1265 Goodrich Rd Stanley, VA 22851
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