Historic Wayside Inn For
For Sale
$1,300,000
7783 MAIN STREET, Middletown, VA 22645
Historic inn with 22 suites, bars, and expansion potential.
Property SizeContact for details
Lot Size3.88 Acres
Days on Market822
Property Features for 7783 MAIN STREET
General Information
Standard status
Active
Lot size
3.88 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$1,234
Building Details
Year Built
1797
Listing Agency:
RE/MAX Allegiance
(703) 623-8666
Listed By:
Bob W Hotaling · License #0255046378
(703) 623-8666
Source:
Exitrealty
Added: May 13, 2024
Changed: Aug 8
Last Checked: Aug 12 at 5:08AM
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 RE/MAX Allegiance
Investment Insights
Based on property information with market context.
The Wayside Inn, a historic landmark in Middletown, Virginia, presents a commercial opportunity with expansion potential. Dating back to the 18th century, this property features 22 suites with bathrooms, and 3 bars (tavern, bourbon & Speakeasy, The RED HAT), and entertaining space for events. Situated on just under 4 acres of B1-zoned land, the property offers space for expansion to create a commercial district. Located in the Shenandoah Valley, the Wayside Inn benefits from a scenic backdrop and proximity to attractions, historic sites, and a local community. The grounds provide room for outdoor amenities, gardens, or additional structures. The property is currently running and generating positive cash flow under new management, making it suitable for an owner-occupant. The kitchen and tavern are currently leased. There are grants applied for in the millions to renovate it. Have insurance claim coming for a new roof as well.
Key Highlights
- Historic Inn featuring 22 Suites and Bathrooms, offering immediate revenue potential.
- Prime Commercial Opportunity: Just under 4 acres zoned B1, allowing for significant expansion and development.
- Three unique bars (tavern, bourbon & Speakeasy, The RED HAT) provide diverse revenue streams and entertainment options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 39%
McDonald's
Dining
18,147 visits/mo
0.5 miles
Dollar General
Shops & Services
6,113 visits/mo
0.3 miles
7-Eleven
Shops & Services
5,380 visits/mo
0.4 miles
Demographics for 22645, VA
4,208
Population
1,788
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
36.4 sq mi
ZIP Area
116
Density / Sq Mi
$81,354
Median Household Income
$44,706
Median Earnings
$1,018
Median Rent
$389,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Historic inn with 22 suites, bars, and expansion potential.
Where is this hotel located?
The property is located at 7783 MAIN STREET Middletown, VA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Historic Inn featuring 22 Suites and Bathrooms, offering immediate revenue potential.; Prime Commercial Opportunity: Just under 4 acres zoned B1, allowing for significant expansion and development.; Three unique bars (tavern, bourbon & Speakeasy, The RED HAT) provide diverse revenue streams and entertainment options.
