1265 Goodrich Rd Stanley, VA 22851
For Sale
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This exceptional commercial property, known as the Goodrich Center, offers over 8,000 square feet of versatile space situated on a 2.56-acre lot in Stanley, Virginia. Currently operating as a thriving wedding and event venue, this turnkey opportunity includes all necessary equipment for immediate operation. The property boasts a welcoming foyer leading to a spacious banquet hall, easily adaptable for various configurations. Separate office and planning areas provide efficient workflow. A fully equipped commercial kitchen features ample preparation space, walk-in refrigeration, and a deep freezer, ideal for catering large events. All furniture, fixtures, and equipment—including tables, chairs, decorations, and linens—are included in the sale price. The convenient location between Luray and Stanley, Virginia, offers easy access to major attractions such as Shenandoah National Park, George Washington National Forest, the Shenandoah River, and Luray Caverns, making it an attractive destination for events. This property presents a unique chance to acquire an established and successful business in a highly sought-after wedding destination within the Shenandoah Valley. The existing infrastructure and included equipment minimize start-up costs and allow for immediate revenue generation. The expansive space and prime location offer significant potential for growth and expansion within the thriving event industry.
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Goodrich Center Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
I INDUSTRIAL · Stanley, VAStanley. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
