Building Details

Year Built 2000

Listing Agency: Funkhouser Real Estate Group l***@funkhousergroup.com Show Phone

Listed By: Lauren Reed · License #0225248751 Show Phone

Source: Exitrealty

Added: Apr 26, 2024 Changed: Aug 8 Last Checked: Aug 11 at 7:36AM

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Investment Insights

Based on property information with market context.

This commercial building, spanning over 8,000 square feet, is currently operating as a turn-key wedding and event venue. Known locally as the Goodrich Center, the property is situated in the heart of the Shenandoah Valley on 2.5 acres between Luray and Stanley, Virginia. The property features a welcoming foyer that opens to a banquet hall, which can be divided to create a more intimate space. Existing office and planning spaces offer organization and convenience. The commercial kitchen includes preparation space, walk-in refrigeration, and a deep freezer. The property is offered with equipment for hosting and catering, including tables, chairs, decorations, and linens. The location provides convenient access to the Shenandoah National Park, George Washington National Forest, Shenandoah River, and Luray Caverns. This property is suited for owning and operating a wedding or special event business.

Key Highlights

• Turn‑key wedding and event venue in the Shenandoah Valley, a top wedding destination.
• Over 8,000 sq ft commercial building with banquet hall, office spaces, and commercial kitchen.
• Includes all equipment for hosting/catering: tables, chairs, decorations, and linens.

Property Analytics

Property Profile

Current Use

Goodrich Center Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Restaurant Kitchen & Bath Showroom Storage Facility Hotel & Motel

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

8

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Wedding venue - 8,000+ sqft venue in the heart of Shenandoah Valley.

Where is this wedding venue located?

The property is located at 1265 GOODRICH ROAD Stanley, VA.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Turn‑key wedding and event venue in the Shenandoah Valley, a top wedding destination.; Over 8,000 sq ft commercial building with banquet hall, office spaces, and commercial kitchen.; Includes all equipment for hosting/catering: tables, chairs, decorations, and linens.