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Howard Johnson Lexington For Sale
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2836 N Lee Hwy, Lexington, VA 24450

100-room hotel on 10.72 acres with I-81 access.

Property SizeContact for details
Lot Size10.72 Acres
Days on Market86

Property Features for 2836 N Lee Hwy

General Information

Standard status Active
Lot size 10.72 Acres
Property subtype Hospitality
Listing Agency: Richmond - North
Listed By: Prashant Merchant · License #0225226862
Source: Colliers
Added: May 18 Changed: Aug 8 Last Checked: May 18 at 8:15PM

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 Richmond - North

Investment Insights

Based on property information with market context.

The Howard Johnson Lexington, a 100-room, five-story, exterior-corridor, limited-service hotel, is available for purchase. Constructed in 1975, the property is situated on approximately 10.72 acres and offers direct visibility and access to Interstate-81, which sees approximately 47,000 vehicles per day. The property is offered fee simple, unencumbered by debt, and free of third-party management.

Key Highlights

  • 100‑room hotel with direct visibility and access to Interstate‑81 (47,000 vehicles per day).
  • Offered fee simple and unencumbered by debt.
  • Free of third‑party management.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop Auto Parts Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 24450, VA

17,654
Population
7,650
Households
2.3
Avg Household Size
37
Median Age
46%
College-Educated
94%
High-School Grad
220.0 sq mi
ZIP Area
80
Density / Sq Mi
$77,839
Median Household Income
$29,841
Median Earnings
$1,017
Median Rent
$294,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - 100-room hotel on 10.72 acres with I-81 access.
Where is this hotel located?
The property is located at 2836 N Lee Hwy Lexington, VA.
What are key features of this property?
This property features: 100‑room hotel with direct visibility and access to Interstate‑81 (47,000 vehicles per day).; Offered fee simple and unencumbered by debt.; Free of third‑party management.
More about this property
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