2 Court St Luray, VA 22835
- Hotels
- 11,000 SF
Current Use by Public Records
- Hotels
Property Details for 2 Court St
- Year built
- 1933
- Property size
- 11,000 SF
- Property type
- Hotels
- APN
- 42 A10 A
Description
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.
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
- -78.4647403
- Latitude
- 38.665375
