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Turn-Key Hospitality Investment

128 & 134 E DAVIS ST Culpeper, VA 22701

128 & 134 E DAVIS ST, Culpeper, VA, 22701
$2,495,000
For Sale
$2,495,000

Commercial/Industrial - CULPEPER, VA

Lot Size0.10 Acres
Days on Market235

Property Features for 128 & 134 E DAVIS ST

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
On Street, Other
Standard status
Active
Lot size
0.10 Acres

Taxes and HOA fees

Tax Annual Amount
5763

Utilities

Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air

Building Details

Year built
1953
Flooring type
Hardwood, Tile, Tile - Ceramic, Wood
Building materials
Brick
Roof type
Metal, Rubber
Architectural style
Other
Listing Agency Warrenton
492 Blackwell Road, VA
Listed by Philip L Thornton
Added: Nov 25, 2025 Checked: Jul 18 at 11:06 am
MLS# VACU2012142 Listing URL

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turn-key hospitality offering features two fully renovated buildings connected through a covered alleyway, creating a distinctive multi-revenue property designed around food, lodging, and guest experience. One building is home to the long-running restaurant “It’s About Thyme,” with an upper-level luxury two-bedroom apartment overlooking Davis Street. The second building provides an additional restaurant space that is currently rented to a successful fast-casual eatery, along with “Thyme Inn,” a collection of three carefully curated luxe suites. One suite includes a balcony with mountain views.

Set in historic downtown Culpeper, the buildings are presented as two iconic uses that support day-to-night activity. The connection between the properties is facilitated by a long-term lease with the Town, enabling the restaurant to offer conditioned outdoor dining space.

For an owner-operator or investor seeking a hospitality-focused asset with multiple income streams, this package offers an uncommon combination: a proven restaurant, a leased restaurant space, an on-site apartment, and inn accommodations. With extensive renovation already completed and the spaces operated as part of a cohesive hospitality concept, it’s well-suited for buyers looking to manage or preserve a high-visibility downtown destination.

Key Highlights

  • Two renovated Davis Street buildings joined by a covered alleyway, with a long‑term lease with the Town for conditioned outdoor dining space
  • First building features restaurant space and a luxury 2‑bedroom apartment overlooking Davis St
  • Second building includes additional restaurant space currently rented to a fast‑casual eatery

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

It's About Thyme Restaurant

Suggested Use

HVAC Service Parking Lot & Garage Storage Facility Home Appliance Store Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Fountain Hall 609 S East St, Culpeper, VA 22701
  • West Park Gardens 222 W Park Ave, Culpeper, VA 22701
  • Suites at 249 249 e davis st, culpeper, va 22701
  • Maple Tree Guest House S East St, Culpeper, VA 22701

FAQs

What type of property is this?
Bed & breakfast - Two renovated downtown buildings combine restaurant, rental apartment, and inn suites with conditioned outdoor dining via a joined passageway.
Where is this bed & breakfast located?
The property is located at 128 & 134 E DAVIS ST Culpeper, VA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Two renovated Davis Street buildings joined by a covered alleyway, with a long‑term lease with the Town for conditioned outdoor dining space; First building features restaurant space and a luxury 2‑bedroom apartment overlooking Davis St; Second building includes additional restaurant space currently rented to a fast‑casual eatery
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