1381 Us Highway Bsn 340 Luray, VA 22835
- Commercial real estate
- 6,000 SF
- 7.61 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1381 Us Highway Bsn 340
- Year built
- 1820
- Lot size
- 7.61 lot acres
- Property size
- 6,000 SF
- Property type
- Commercial real estate
- APN
- 51 A 83, 51 A 80, 51 A 82A
Description
This exceptional 6,000 square foot special purpose property, situated on 7.61 acres in Luray, Virginia (APN: 51 A 83, 51 A 80, 51 A 82A), presents a unique investment opportunity. Built in 1820, this historic venue boasts stunning views of Shenandoah National Park and Massanutten Mountain, providing picturesque backdrops for weddings and events. The property includes a vintage home with facilities for wedding parties and overnight stays, a pool house/groom's cottage offering additional accommodations, and a banquet hall permitted for 299 occupants. Existing infrastructure includes ample parking and upgraded septic systems. The property also features an additional parcel with its own driveway, electric service, and two wells, presenting potential for expansion. Three rows of grapevines offer further possibilities. The property's proximity to Luray Caverns, the Shenandoah River, and Skyline Drive suggests potential for Airbnb or B&B operations. The asking price is $1,750,000 ($291.67/sq ft). The property is zoned A and comes with fee simple ownership. Existing bookings for 2024 and some in 2025 will be honored. Sellers are open to discussing transition agreements. Appointments are required for viewings, ideally scheduled for Tuesday, Wednesday, or Thursday, to avoid disruption to the ongoing business operations.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Luray
- County
- Page
- State
- Virginia
- Longitude
- -78.4684565
- Latitude
- 38.6448364
