325 Union Run Lexington, VA 24450
- Hotels
- 6,336 SF
- 10.00 lot acres
Current Use by Public Records
- Hotels
Property Details for 325 Union Run
- Year built
- 1883
- Lot size
- 10.00 lot acres
- Property size
- 6,336 SF
- Property type
- Hotels
Description
This exceptional 6,336 sq ft hospitality property, nestled on 10 acres in Lexington, Virginia, presents a unique investment opportunity. Built in 1883, the three-building complex includes a main house boasting three guest rooms (each with private bath and balcony), expansive owner's quarters, two studio spaces, a library/music room, and a full kitchen. A separate guest house offers an additional five guest rooms, each with a private bathroom, a kitchenette, and a living room. A connecting stone patio provides an ideal outdoor gathering space, complemented by a campfire area, gazebo, and ample parking. The property features a scenic pond and creek, rolling meadows, and is zoned A-2. Modern amenities include fiber internet and reliable cell service. The property's flat area is suitable for tents and events, making it ideal for weddings, corporate retreats, or artistic ventures. Currently operating as a successful art retreat, the sale includes an established website, client database, and positive online reviews. Septic system and attic improvements are underway. Furnishings are available for purchase. Asking price: $998,900.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Rockbridge
- State
- Virginia
- Longitude
- -79.497916
- Latitude
- 37.7631418
