1424 N Main St Marion, VA 24354

Listing agency BPG Hotels

Listed by Andrew Post · License #CA 01960611

Source Crexi

Added: Apr 11 Updated: Jul 22 at 12:17AM Checked: Jul 22 at 12:17AM

Report an Issue

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 BPG Hotels

---

Investment Insights

Based on property information with market context.

This property is a 48-unit Red Roof Inn that has been completely remodeled, with renovated rooms and an updated lobby reflecting pride of ownership.

The hotel is situated on more than 1.5 acres and is conveniently located off Interstate 81 in Marion, Virginia, in the southwestern Virginia region. The area is seeing continued momentum, including a Hard Rock Casino project that has been approved in nearby Bristol, with marketing projecting more than four million visitors annually. The property is also close to Bristol Motor Speedway, which hosts NASCAR events year round, along with regional museums.

The existing improvements include the renovated guest accommodations and lobby associated with the 48-unit hotel configuration.

Key Highlights

• 48‑unit Red Roof Inn in Marion, Virginia
• Completely remodeled property with renovated rooms and lobby
• Set on 1.5+ acres in Marion, Virginia

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,362,500

  26,460 SF

  Warehouse-Office Complex with Loading Bays

  Vacant warehouse-office complex with 11 offices, multiple restrooms, loading dock, and nine bays, plus related parcels.

  236* E High Street, Marion, VA 24354

  View Details
• 

  $2,550,000

  15,348 SF

  Multi-Tenant Medical and Retail Buildings

  Two-building commercial property with five income-producing addresses, extensive recent upgrades, and substantial road frontage for visibility and access.

  929 N Main, Marion, VA 24354

  View Details
• 

  $2,550,000

  15,348 SF

  Medical Office and Retail Property

  Two-building, multi-tenant medical office and retail property with recent renovations, ample parking, and substantial road frontage.

  929 N Main Street, Marion, VA 24354

  View Details
• 

  $189,000

  1,888 SF

  Retail Building with Apartment

  A multi-parcel retail building with ground-floor commercial space and an upper-level residential apartment.

  718 N Main St, Marion, VA 24354

  View Details
• 

  $355,000

  11,801 SF

  Downtown Marion Commercial Opportunity

  Commercial space in downtown Marion, ready for your dream business.

  221 W Main Street, Marion, VA 24354

  View Details
• 

  $339,000

  2,880 SF

  Two-Level Office Building

  Two-level office building with paved parking, multiple offices, and a rear second-level exit.

  320 North Main Street, Marion, VA 24354

  View Details
• 

  $294,000

  880 SF

  Equipped Take-Out Restaurant Property

  Turnkey take-out restaurant setup with a detached storage building, including electricity and multiple freezers, plus two parcels included.

  534 S MAIN ST, MARION, VA

  View Details
• 

  $6,552,340

  121,706 SF

  Community Retail Center with Strong Anchors

  Community retail center anchored by Tractor Supply, Ollie’s Bargain Outlet, and Dollar Tree with recent capital improvements.

  1571 N Main St, Marion, VA 24354

  View Details
• 

  $1,200,000

  Agricultural Farm with Pond

  Multi-acre farm with fenced pasture, livestock watering, and a pond, plus public water availability.

  Old Eleven Road lot: 0, Marion, VA 24354

  View Details
• 

  $189,000

  Mixed-Use Retail Building with Apartment

  Ground-floor retail space with an upper residential apartment, plus road frontage on two streets and utilities on three parcels.

  718 N Main St, Marion, VA 24354

  View Details
• 

  $59,000

  Commercial Lot on Highway 16

  Level commercial lot near I-81 Exit 45 in Marion, VA.

  Highway 16 lot: 64, Marion, VA 24354

  View Details
• 

  Contact for pricing

  Turnkey 26-Room Motel

  Fully operational motel with 26 rooms offered for sale, with additional land available separately.

  1419 N Main St, Marion, VA 24354

  View Details

FAQs

What type of property is this?

Hotel - Completely remodeled Red Roof Inn with 48 units, set on 1.5+ acres off Interstate 81 in Marion, Virginia.

Where is this hotel located?

The property is located at 1424 N Main St Marion, VA.

What are key features of this property?

This property features: 48‑unit Red Roof Inn in Marion, Virginia; Completely remodeled property with renovated rooms and lobby; Set on 1.5+ acres in Marion, Virginia