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MLS Number:
144676
List Price:
$650,000
Apx SqFt-Total:
Property Type:
Multi-Family
Location/Subdivision:
Stuart
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City:
Stuart
County:
Patrick County
Public Remarks:
Here’s a rare opportunity to live onsite and operate your own business in the beautiful Town of Stuart, VA. Stuart’s only motel is now available for purchase, offering a unique combination of income potential and lifestyle convenience. The property features 24 motel rooms, with most having been renovated over the past few years. A mix of single and double rooms are available for nightly or extended stays, and several tenants currently rent monthly, providing consistent income. Behind the welcoming lobby and reception area is a spacious two-bedroom, one-bath apartment with a full kitchen—ideal for an owner/operator or onsite manager. Many of the HVAC units have been replaced, and several bathrooms have been updated, ensuring guest comfort and reducing maintenance concerns. A commercial laundry area includes a brand-new 50 lb washer and dryer, and a newer propane hot water heater serves the entire complex. The property fronts on West Blue Ridge Street, the main thoroughfare through the Town of Stuart, providing excellent visibility and accessibility. A large paved parking lot offers ample space for guests. This is a true turnkey opportunity—everything you need to begin operations from day one. Don’t miss your chance to own the only motel in town and be part of a growing and welcoming community.
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