Two-Story Limited-Service
1557 Main St Altavista, VA 24517
1557 Main St, Altavista, VA, 24517
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For Sale
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Two-story interior-corridor Days Inn on fee-simple land, renovated and offered unencumbered by third-party management.
Lot Size2.90 Acres
Days on Market102
Property Features for 1557 Main St
General Information
- Standard status
- Active
- Lot size
- 2.90 Acres
- Property subtype
- Hospitality
Listing agency
Colliers - Richmond, Virginia
(804) 441-7722
Listed by
Prashant Merchant · License #VA 0225226862
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 6:59PM Checked: Jul 21 at 6:59PM
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 Colliers - Richmond, Virginia
Investment Insights
Based on property information with market context.
The Days Inn of Altavista is a two-story, limited-service, wood-frame hotel with an interior-corridor layout. Constructed originally in 2002 as a Holiday Inn Express, the property was converted to Days Inn in 2008 and has been under the same ownership since that time. The asset has recently been renovated and is offered with fee-simple interest.
The property is located at 1557 Main St, Altavista, VA. Tours are by appointment only, and attempts to visit or contact the property without agent approval will result in a ban from all future listings.
The hotel is unencumbered by debt and unencumbered by third-party management. Ownership expects the change-of-ownership PIP to be minimal for a qualified purchaser to keep the Days Inn franchise, though buyers are responsible for verifying any franchise opportunities with the applicable representatives.
The property is located at 1557 Main St, Altavista, VA. Tours are by appointment only, and attempts to visit or contact the property without agent approval will result in a ban from all future listings.
The hotel is unencumbered by debt and unencumbered by third-party management. Ownership expects the change-of-ownership PIP to be minimal for a qualified purchaser to keep the Days Inn franchise, though buyers are responsible for verifying any franchise opportunities with the applicable representatives.
Key Highlights
- Two‑story, interior‑corridor Days Inn hotel on 2.9 acres offered with fee‑simple interest
- Constructed in 2002 as a Holiday Inn Express; converted to Days Inn under the same ownership since 2008
- Recently renovated property with minimal expected change‑of‑ownership PIP to keep the Days Inn franchise
Property Analytics
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FAQs
What type of property is this?
Hotel - Two-story interior-corridor Days Inn on fee-simple land, renovated and offered unencumbered by third-party management.
Where is this hotel located?
The property is located at 1557 Main St Altavista, VA.
What are key features of this property?
This property features: Two‑story, interior‑corridor Days Inn hotel on 2.9 acres offered with fee‑simple interest; Constructed in 2002 as a Holiday Inn Express; converted to Days Inn under the same ownership since 2008; Recently renovated property with minimal expected change‑of‑ownership PIP to keep the Days Inn franchise
