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2 Court St Luray, VA 22835

Sponsored
For Sale
$2,650,000

Historic Hotel, 12 Keys, High Returns

Property size:
11,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
Embrace this exceptional investment opportunity: Hotel Laurance, a meticulously maintained 12-key hotel in Luray, Virginia. This charming, two-story building boasts 11,000 square feet on a 13,028 square foot lot, offering significant potential for revenue generation. Originally constructed in 1933 and extensively renovated in 2015, the property seamlessly blends historic charm with modern amenities. Each of the 12 rooms provides a unique and comfortable guest experience, ideal for the discerning traveler. The B1 zoning allows for flexible usage options, maximizing the property's potential. Located at 2 S Court St, Luray, VA 22835, this hotel benefits from its prime location within Page County, offering easy access to local attractions and a thriving tourism market. The property is offered for sale by owner at $2,650,000. Note that an additional lot on Main Street is available for separate purchase. This is a turnkey operation ready for immediate income generation. The property's strong historical character and recent renovations make it a compelling investment for those seeking a high-return hospitality asset in a desirable location. The APN is 42 A10 A.

Property Features for 2 Court St

General Information

Property type
Hotels
Square Feet
11,000 SF

Building Details

Year Built/Renovated
1933/2015
Buildings
1
Stories
2

HighLights

  • 11,000 SF building
  • 12 self‑service storage units maximizing revenue
  • 1933 construction with classic charm, renovated in 2015
  • B1 zoning allows diverse uses
  • Prime Charlottesville location
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Luray
County
Page
State
Virginia
Longitude
-78.4647403
Latitude
38.665375

FAQs

What type of property is this?
Hotel - Historic Hotel, 12 Keys, High Returns
Where is this hotel located?
The property is located at 2 Court St Luray, VA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 11,000 SF building; 12 self-service storage units maximizing revenue; 1933 construction with classic charm, renovated in 2015
More about this property
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