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    Hospitality Property with 35 Keys
    Updated: Jan 25
    Hospitality Property with 35 Keys

    303 N Main St, Galax, VA 24333

    Contact for pricing
    Hospitality Property
    35 Keys
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Galax, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Commercial Parcel Package
    Mixed-Use Commercial Parcel Package

    3209 Memorial Boulevard, Kingsport, TN 37664

    $550,000
    3,996 sqft 1.34 AC lot

    Package includes a historic home, an 8-unit motel, an office building, and two additional lots, all zoned B-3.

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    Motels with 23 Guest Rooms
    Motels with 23 Guest Rooms

    2521 Lawn Rd, Meadow Bridge, WV 25976

    $1,195,000
    11,728 sqft 1.18 AC lot

    Well-kept 23-room motel with central air and state road access for convenient guest and vehicle flow.

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    Well-Kept Motel Near Interstate 64
    Well-Kept Motel Near Interstate 64

    2521 Lawn Road, Meadow Bridge, WV 25976

    $1,195,000
    11,728 sqft 1.18 AC lot

    Charming 23-room motel with recent renovations and prime location.

    View details
    Exterior-Corridor Motel with 70 Rooms
    Exterior-Corridor Motel with 70 Rooms

    805 Lynn Garden Dr, Kingsport, TN 37660

    Contact for pricing
    2.40 AC lot

    70-unit, two-story exterior-corridor motel on 2.4 acres with 57 rooms currently in operational order.

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    Galax, VA Motels Market Trends and Statistics

    Explore 1 motels for sale in Galax, VA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Resorts 7
    Campgrounds 2
    Motels 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +0.6%
    Median Household Income $47,539
    College Educated 21.7%

    Taxes & Financing

    Tax Rate (average for all types) 0.94%
    Property Tax per SF $15.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Galax city

    New Delisted

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