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    2487/2547 Us Highway 211 W Luray, VA 22835

    For Sale
    $849,000

    Building - LURAY, VA

    Property size:
    6,728 SF
    Lot size:
    7.95 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 2487/2547 Us Highway 211 W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1 Commercial
    APN
    40-A_87
    Size
    6,728 SF
    Lot size
    7.95 Acres

    Utilities

    Cooling system
    Central Air, Wall/Window Unit(s), Wall Unit(s)

    Building Details

    Number of units
    5
    Architectural style
    Other

    Old Dominion Realty, Inc. (540) 433-2454 [email protected]

    Listing agent Randal Alger (540) 433-2454 License #0225077222

    Listing date Sep 26, 2025

    MLS# 631608 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

    Retail Gift Shop with Cottages

    This property features a seven-room retail gift shop, including three additional rooms, two full and four half baths, a kitchen with a walk-in cooler, and a dining area, plus a large basement. The property also includes eight total buildings, featuring cottages, a workshop, and a lean-to, situated on 7.95 acres with mountain views and 1,000 feet of road frontage. It borders Mill Creek and has a pond on the property. The guest cottages offer short-term rental potential. Restaurant equipment is included. There are large open meadow areas with parking. The property has been family-operated for over 44 years as a motel, fine dining restaurant, and now a gift shop with crystals, gemstones, fine gifts, fine wines, and craft beers. The property is located minutes from Luray Caverns, golf, the Shenandoah River, Shenandoah National Park, George Washington National Forest, shopping centers, a hospital, a community college, and Luray Caverns Airport. The property, zoned C-1 Commercial, offers a business opportunity in a high-growth area.
    Location Intelligence

    Current Use by Public Records

    Hospitality properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hotel & Motel Department Store Kitchen & Bath Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Luray
    County
    Page
    State
    Virginia
    Longitude
    -78.5089772
    Latitude
    38.658105

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    FAQs

    What type of property is this?
    Retail property - Retail gift shop with cottages, mountain views, and rental potential.
    Where is this retail property located?
    The property is located at 2487/2547 Us Highway 211 W Luray, VA.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Thriving business opportunity with 44+ year operating history as a motel, restaurant, and gift shop; - Unlimited short-term rental potential with guest cottages on 7.95 acres; - Prime location with fantastic mountain views, bordering Mill Creek, and featuring a pond
    (540) 433-2454
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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
    2487/2547 Us Highway 211 W Luray, VA 22835
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