84-Room Renovated
For Sale
Contact for pricing
3050 Lee Hwy, Bristol, VA 24202
Two-story interior-corridor hotel fully renovated for continued independent or branded operation.
Property SizeContact for details
Days on Market144
Property Features for 3050 Lee Hwy
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Highway Access
Yes
Building Details
Year Built
1994
Year Renovated
2019
Buildings
1
Stories
2
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
David Wiener · License #VA 0225232581
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 7:28PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
The Bristol Arcadia Inn is an 84-room, two-story hotel with interior corridors. Constructed in 1994, the property underwent a full renovation in 2019. It has operated independently since January 2021 and was previously affiliated with Comfort Inn. Several rebranding options are available for a new ownership platform.
The hotel is located at 3050 Lee Hwy in Bristol, Virginia, approximately one-half mile from I-81 and about 5 miles from the Tennessee border. The property is approximately 7 miles, or a 7-minute drive, from the Bristol casino, where gaming operations were scheduled to begin in July 2022. Bristol also serves leisure travelers, area business activity, and motorists traveling the I-81 corridor.
The hotel is located at 3050 Lee Hwy in Bristol, Virginia, approximately one-half mile from I-81 and about 5 miles from the Tennessee border. The property is approximately 7 miles, or a 7-minute drive, from the Bristol casino, where gaming operations were scheduled to begin in July 2022. Bristol also serves leisure travelers, area business activity, and motorists traveling the I-81 corridor.
Key Highlights
- 84‑room hotel with interior corridors
- Two‑story building constructed in 1994
- Full renovation completed in 2019
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 24202, VA
12,716
Population
6,270
Households
2
Avg Household Size
47
Median Age
20%
College-Educated
92%
High-School Grad
128.8 sq mi
ZIP Area
99
Density / Sq Mi
$58,333
Median Household Income
$36,435
Median Earnings
$850
Median Rent
$195,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story interior-corridor hotel fully renovated for continued independent or branded operation.
Where is this hotel located?
The property is located at 3050 Lee Hwy Bristol, VA.
What are key features of this property?
This property features: 84‑room hotel with interior corridors; Two‑story building constructed in 1994; Full renovation completed in 2019
