For Sale
$2,650,000

2 Court StLuray, VA 22835

Historic Hotel, 12 Keys, High Returns

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • 11,000 SF building
  • 12 self-service storage units maximizing revenue
  • 1933 construction with classic charm, renovated in 2015
  • B1 zoning allows diverse uses
  • Prime Charlottesville location

Property Details for 2 Court St

Property type
Hospitality properties, Hotels
Square Feet
11,000 SF
Year Built/Renovated
1933/2015
Buildings
1
Stories
2

Location Insight

City
Luray
County
Page
State
Virginia
Latitude
38.665375
Longitude
-78.4647403
2 Court St, Luray, Virginia

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2 Court St
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