Turn-Key Hospitality
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
(888) 536-0216
492 Blackwell Road, VA
Listed by
Philip L Thornton
(888) 536-0216
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.
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
Similar For Sale Nearby
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