Hospitality Business for Sale in Luray, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Luray, VA 22835

Description

Seven beautiful suites at The Legacy Inn nestled on 2.5 acres of 60+ year old chestnut, maple and poplar trees in the heart of Luray, Virginia less than a mile to the world-famous Luray Caverns and ten minutes from Skyline Drive in the Shenandoah National Park Investment Highlights: • This historic Shenandoah Valley property was built in 1805 and originally used as a tavern and way-station for travelers through Thornton's Gap • Today the historic property is an opportunity for a modern B&B experience driving distance from the Capitol for getaways and events • The property has undergone significant renovations throughout 2022 and 2023 and open to events like weddings and reunions and board meetings and all types of gatherings a • Rich in local attractions like Luray Caverns | Shenandoah National Park | Car & Carriage Caravan Museum | River Hill Wine & Spirits | Warehouse Art Gallery | Massanutten Storybook Trail • Guests enjoy the spacious rooms, comfortable beds and amenities like bikes and a fire pit • There is a Cottage currently just used for storage but is fully functional with bathroom and kitchen. Options for the Cottage could include caretaker home, additional B&B rental, or turn back into long term rental • There are water and electric hookups for four tiny homes or Park Model RV's • Several opportunities for increased upsells including meals, tours, weddings, corporate events and even a beer garden

Market Context

This hospitality in Luray, VA is listed for sale. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Luray, VA — <a href="/search/sale/hospitality/virginia/luray">view the full market</a>.

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