Hotel Laurance

For Sale

2 S Court St, Luray, VA 22835

This Luray property for sale is located at 2 S Court St. The current listed sale price for Hotel Laurance is $2,650,000. Hotel Laurance is situated on a lot that is 0.3 acre in size.

Contacts

broker

Rich Vaaler

Vaaler Commercial Real Estate

Property Details

  • Property Type Other
  • Property Size 11,000 SF
  • Units 12
  • Lot Size 0.3 Acre
  • Additional Rent Contact for pricing
  • Year Built 1933
  • Year Renovated 2015
  • Date Updated Nov 15, 2024
Discover the charm of Luray, VA, with its picturesque surroundings and rich cultural heritage. Nestled in the heart of the Shenandoah Valley, the area offers a serene setting for business and leisure. The location provides easy access to notable landmarks such as Luray Caverns, offering stunning natural formations and thrilling underground adventures. History enthusiasts will appreciate the nearby Car and Carriage Caravan Museum, showcasing vintage vehicles from a bygone era. With its proximity to Luray's dining and shopping options, the Hotel Laurance presents an ideal opportunity for hospitality operators seeking a blend of tranquil surroundings and vibrant local attractions in the Charlottesville market.Uncover the potential of this exceptional hospitality investment opportunity! This 11,000 square foot property, built in 1933 and meticulously renovated in 2015, presents 12 boutique hotel rooms designed for the discerning limited-service investor. Strategically located in the vibrant Charlottesville area, this building is zoned B1, offering a prime location for leveraging its proximity to key attractions. The property's timeless architecture and modern amenities make it a compelling choice for investors seeking to capitalize on the dynamic hospitality market. Don't miss the chance to acquire this meticulously maintained property, poised to deliver exceptional returns in the thriving Charlottesville market. Ideal for adding a wine cellar/bar and other amenities. Additional lot on Main St is available for sale but is not included in the price.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • - 11,000 SF building
  • - 12 self service units for maximum revenue potential
  • - Built in 1933, exuding timeless charm
  • - Renovated in 2015 for modern appeal
  • - Zoned B1 for flexible usage options
  • - Prime location in the vibrant Charlottesville area

Attachments

Getting around

  • 48/100

    Walk Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Luray, VA
  • Zip Code 22835

Points of Interest

  • Page Convenience

    0.26 miles

  • Exxon

    0.92 miles

  • Citgo

    0.97 miles

  • Liberty

    1.09 miles

  • Shell

    1.17 miles

  • Circle K

    1.44 miles

  • Em-mart Oil

    2.06 miles

  • Tesla Destination Charger

    6.79 miles

  • Luray Parking

    0.18 miles

  • Hang Glider Parking Site

    4.79 miles

  • Horse Trailer and Car Parking;Kennedy Peak Trailhead

    5.12 miles

  • Peach Orchard Gap Parking

    5.97 miles

  • Little Stony Man parking

    6.64 miles

  • Little Stony Man Parking

    6.73 miles

  • Stony Man Parking

    6.93 miles

  • Stables parking

    6.98 miles

  • White Oak Canyon parking - Upper Lot

    7.06 miles

  • Pass Mountain Overlook

    7.08 miles

  • The Laurance

    0.00 miles

  • Budget Inn

    0.06 miles

  • Quality Inn

    0.11 miles

  • Mimsyln Inn

    0.14 miles

  • The Goshen Cottage Bed and Breakfast

    0.22 miles

  • MayneView Bed & Breakfast

    0.24 miles

  • Victoria Inn

    0.46 miles

  • Luray Caverns Motel

    0.70 miles

  • Cardinal Inn

    1.24 miles

  • Luray Caverns Motel - West

    1.24 miles

  • Shoppers Value Foods

    0.98 miles

  • Peebles

    1.01 miles

  • Walmart Supercenter

    1.58 miles

  • Food Lion

    1.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Rich Vaaler

Vaaler Commercial Real Estate