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    146 Main St Stanardsville, VA 22973

    For Sale
    $2,200,000

    Long-standing Inn and Restaurant in Stanardsville, Virginia.

    Property size:
    8,904 SF
    Lot size:
    0.51 Acres

    Property Features for 146 Main St

    General Information

    Size
    8,904 SF
    Lot size
    0.51 Acres

    Source: Better Homes & Garden R. E.-Pathways Agent Matthew B Woodson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Inn & Restaurant For Sale

    The Lafayette Inn & Restaurant, a fixture on Main Street in Stanardsville for generations, has operated as a successful inn and restaurant for decades. The property is 8,904 square feet. Located minutes from the entrance to Shenandoah National Park, 30 minutes from Charlottesville, and 1.5 hours from Washington DC, the property is positioned to benefit from imminent growth in the small town, including new housing developments and a glamping project within walking distance of Main Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lafayette Inn & Restaurant American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Stanardsville
    County
    Greene
    State
    Virginia
    Longitude
    -78.4391854
    Latitude
    38.2972426

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    FAQs

    What type of property is this?
    Hotel - Long-standing Inn and Restaurant in Stanardsville, Virginia.
    Where is this hotel located?
    The property is located at 146 Main St Stanardsville, VA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Successful Inn and Restaurant with a long-standing history.; - Prime location on Main Street in Stanardsville.; - Minutes away from Shenandoah National Park entrance.
    (434) 960-5187
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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
    146 Main St Stanardsville, VA 22973
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