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Grundy, VA Motels for Sale

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Vansant, VA Oakwood, VA Hurley, VA Haysi, VA Mouthcard, KY Elkhorn City, KY Belcher, KY Jolo, WV
60-Unit Motel Property
Updated: Mar 25
60-Unit Motel Property

1025 W Pointe Village Drive, Grundy, VA 24614

$675,000
14,700 sqft 22.80 AC lot
15 mobile homes configured as 60 separate rental units
Private bathroom included in every rental unit
22.8‑acre property with 14,700 square feet of improvements
Set up for nightly, short‑term, mid‑term, and long‑term rentals
COM zoning with public water and public sewer
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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 12 Potential Opportunities for your consideration. Besides 1 Active listings in Grundy, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

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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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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ashland Land Near Hatfield-McCoy Trails
Ashland Land Near Hatfield-McCoy Trails

5685 Cherokee Road, Ashland, WV 24868

Contact for pricing

Three adjacent lots in ATV tourism hub with development potential.

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Commercial Lot by St Clair Creek
Commercial Lot by St Clair Creek

St Clair Creek Rd, Chilhowie, VA 24319

Contact for pricing
0.36 AC lot

Commercial lot with potential for redevelopment by St Clair Creek.

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Commercial Land Near Interstate Exit
Commercial Land Near Interstate Exit

2690 N 1223 Highway, Corbin, KY 40701

$650,000
12.84 AC lot

12.84 acres of commercial land near I-75.

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Commercial Land Zoned B2
Commercial Land Zoned B2

1123 US 70 Highway, Newton, NC 28658

$218,000
1.45 AC lot

Signalized corner lot in a B2 Highway Business District with public water and sewer available at the road.

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Off-Market Properties in Grundy, VA

Consider similar Off-Market properties in Grundy, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

19587 Riverside Dr
MOTEL

19587 Riverside Dr, Grundy, VA 24614

$260,000
Estimated value
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28815 Riverside Dr
MOTEL

28815 Riverside Dr, Grundy, VA 24614

$215,000
Estimated value
2.06 AC lot
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19489 Riverside Dr
MOTEL

19489 Riverside Dr, Grundy, VA 24614

$245,000
Estimated value
4,380 sqft
View details

Grundy, VA Motels Market Trends and Statistics

Explore 4 motels for sale in Grundy, VA on our real estate platform. These investment opportunities span a total of 14,700 square feet of properties for sale, with an estimated market value of $675,000.

Sale prices for motels in Grundy, VA average $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 6,992
Population Growth (5Y) -6.3%
Median Household Income $40,000
College Educated 15.2%

Taxes & Financing

Tax Rate (average for all types) 0.39%
Property Tax per SF $5.05 per SF
Average Loan-to-Value 65.0%

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