24-Room Exterior-Corridor
For Sale
Contact for pricing
259 Chestnut Ridge Rd, Marion, VA 24354
Commercially zoned lodging property with an exterior-access room layout.
Property Size9,000 SF
Days on Market144
Property Features for 259 Chestnut Ridge Rd
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Hospitality
Zoning
Commercial
Property Condition
Severity
Repairs Needed
Evidence
In Need of Some Tlc
Additional Details
Asking Price
$595,000
Highway Access
Yes
Listing Agency:
The Addington Agency
(423) 646-1060
Listed By:
Garrett Addington · License #TN: 337697
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:43PM
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 The Addington Agency
Investment Insights
Based on property information with market context.
This motel property at 259 Chestnut Ridge Road includes 24 rooms within nearly 9,000 square feet. The exterior-corridor configuration provides direct outdoor access to the rooms, while the improvements require TLC and may be renovated for continued motel use.
The property is in Marion, Virginia, near Emory Henry and off Exit 39. It is zoned Commercial and currently operates with a private sewage treatment system. Public sewer is available for hookup at the street, providing an additional utility option for future ownership plans.
The property is in Marion, Virginia, near Emory Henry and off Exit 39. It is zoned Commercial and currently operates with a private sewage treatment system. Public sewer is available for hookup at the street, providing an additional utility option for future ownership plans.
Key Highlights
- 24‑room motel with nearly 9,000 square feet
- Exterior‑corridor configuration with direct outdoor room access
- Commercial zoning supports motel and other commercial uses
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24354, VA
14,446
Population
6,929
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
119.7 sq mi
ZIP Area
121
Density / Sq Mi
$42,076
Median Household Income
$35,662
Median Earnings
$686
Median Rent
$142,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Commercially zoned lodging property with an exterior-access room layout.
Where is this motel located?
The property is located at 259 Chestnut Ridge Rd Marion, VA.
What are key features of this property?
This property features: 24‑room motel with nearly 9,000 square feet; Exterior‑corridor configuration with direct outdoor room access; Commercial zoning supports motel and other commercial uses
