Building Details

Year built 1945

Building materials Brick

Roof type Shingle

Listing Agency: ReMax Cavaliers Wise Show Phone

Listed By: Brett Tiller · License #0225239199 Show Phone

Added: Nov 20, 2025 Changed: Oct 2 Last Checked: Oct 15 at 9:06AM

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MLS# 9988571

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 2,660-square-foot bed and breakfast property includes a renovated six-bedroom, two-bathroom residence with two additional rooms suitable for commercial or operational use. The property is currently operating as a BnB and includes an equipped kitchen with new appliances. Recent improvements include a new roof, new water heater, and other modern renovations. Brick construction, heat-pump heating and cooling, public water, public sewer, and a shingle roof complete the core property details.

Located at 142 E Main Street in Clintwood, Virginia, the property sits on a 0.17-acre lot and carries commercial/residential zoning. The two bonus rooms provide adaptable space for uses such as office, retail, or recreation, subject to applicable approvals. The property was built in 1945 and combines lodging accommodations with additional commercial space in one building.

Key Highlights

• Six‑bedroom, two‑bathroom BnB configuration
• 2,660 square feet on a 0.17‑acre lot
• Two additional rooms for commercial or operational use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,110

Cap Rate

5.86%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$322,200 $322.2K

Cap Rate 7%

$230,143 $230.1K

Cap Rate 9%

$179,000 $179.0K

Market Conditions

NOI Build-Up for 2,660 SF

Gross rent

$39.9K $15.00/SF

− Vacancy

−$6.0K −$2.25/SF

EGI

$33.9K $12.75/SF

− OpEx

−$17.8K −$6.69/SF

NOI

$16.1K $6.06/SF

Area

Dickenson County, VA

Vacancy

15.00%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$322,200

Cap Rate 7%

$230,143

Cap Rate 9%

$179,000

Alternative Uses

Best Use

Hotel Hospitality

$230.1K

$201.4K – $268.5K (±1% cap)

NOI $16,110 @ 7.0% cap · market cap 5.86%

Second Best

Apartment 5plus

$205.3K

$179.6K – $239.5K (±1% cap)

NOI $14,368 @ 7.0% cap · market cap 5.22%

Theoretical Best

Office A

$586.8K

$513.5K – $684.6K (±1% cap)

NOI $41,076 @ 7.0% cap · market cap 14.94%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bed & breakfasts

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

247

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24228, VA

6,418

Population

3,327

Households

1.9

Avg Household Size

47

Median Age

13%

College-Educated

83%

High-School Grad

92.4 sq mi

ZIP Area

69

Density / Sq Mi

$44,269

Median Household Income

$39,863

Median Earnings

$744

Median Rent

$105,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bed & breakfasts located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Misty Mountain Cottage — 5284 Dickenson Hwy, Clintwood, VA 24228

Frequently Asked Questions

What type of property is this?

Bed & breakfast - Commercial/residential zoning supports lodging operations with two additional rooms for flexible commercial use.

Where is this bed & breakfast located?

The property is located at 142 E Main Street Clintwood, VA.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Six‑bedroom, two‑bathroom BnB configuration; 2,660 square feet on a 0.17‑acre lot; Two additional rooms for commercial or operational use