Search
Historic Short-Term Rental Property
For Sale
$589,000

113 W Main Street, Stanley, VA 22851

Two buildings provide furnished suites, shared gathering areas, and outdoor amenities in downtown Stanley.

Property Size6,212 SF
Price / SF$94.82
Days on Market166

Property Features for 113 W Main Street

General Information

Standard status Active
Size 6,212 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $5,720

Amenities

Central Air
3
Hardwood
Composition
TC-INDUSTRIAL DISTRICT
Private, Driveway.
Mountain
Downtown, Clear lot.

Building Details

Year Built 1913
Listing Agency: Funkhouser Real Estate Group
Listed By: Sable Ponn · License #0225228371
Source: Xome
Added: Mar 18 Changed: Aug 30 Last Checked: Aug 30 at 1:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Funkhouser Real Estate Group

Investment Insights

Based on property information with market context.

The Milton House Inn is a 6,212-square-foot short-term rental property established in 1913. The primary residence includes three second-level suites with full bathrooms and closets, along with a kitchen, formal dining room, two living areas, sunroom, unfinished basement, second-floor balcony access, hot tub, deck, and fire pit area. A separate two-story cottage adds two remodeled suites. Furnishings for both buildings convey with the property.

Located in downtown Stanley opposite a coffee shop, the property is within a 1-mile drive of local grocery stores and restaurants. The Shenandoah River is within 10 minutes, while Skyline Drive and Massanutten Resort are under 30 minutes away. The cottage is currently used as a short-term rental and is described as booked year round.

Key Highlights

  • 6,212‑square‑foot property with a 1913‑built primary residence
  • Primary residence includes 3 suites, each with a full bath and closets
  • Two‑story cottage contains 2 completely remodeled suites

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Skin Care Clinic Cafe & Coffee Shop Auto Parts Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby

Demographics for 22851, VA

5,771
Population
2,544
Households
2.3
Avg Household Size
46
Median Age
9%
College-Educated
81%
High-School Grad
55.0 sq mi
ZIP Area
105
Density / Sq Mi
$57,662
Median Household Income
$33,758
Median Earnings
$843
Median Rent
$192,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Two buildings provide furnished suites, shared gathering areas, and outdoor amenities in downtown Stanley.
Where is this short term rental property located?
The property is located at 113 W Main Street Stanley, VA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 6,212‑square‑foot property with a 1913‑built primary residence; Primary residence includes 3 suites, each with a full bath and closets; Two‑story cottage contains 2 completely remodeled suites
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message