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Lost River Motel and Bed & Breakfast 8079 State Road 259

9 Room Hotel Lost River, WV 26810 £472,611 (£52,512/Room)

Investment Highlights

  • Great opportunity to own real estate and business in close proximity of the Shenandoah Valley and the I-81 corridor.

Executive Summary

Real Estate and business for sale!
The Lost River Grill and Motel is a turnkey operation. Currently owned by the same owners for 20 years. The Grill & TK's Lounge offers seating for 120 guest with an additional 10 seats at the bar. The grill and lounge's decor has a mix of old and new with warm and inviting knotty pine walls and ceilings with colorful artwork from local artists. TK's Lounge has a neighborhood bar atmosphere with colorful seasonal lights, cowhide chairs, tv's and assorted mounted local animals. The grill and lounge offers nightly dinner specials with a special menu on the weekends. The Motel has a laundry room, nine guest rooms each with 2 double beds and a private bathroom.

Property Facts

Price £472,611
Price Per Room £52,512
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 3.75 AC
Building Size 4,944 SF
No. Rooms 9
Number of Floors 1
Year Built 1990
Parking Ratio 3/1,000 SF
Corridor Exterior

Amenities

  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wi-Fi
  • Smoke-Free

About 8079 State Road 259 , Lost River, WV 26810

Great Investment Opportunity! Real estate and business for sale! Great location, spectacular views and natural resources.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 9 £62.33 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-408-00280000
Land Assessment
£30,108
Improvements Assessment
£145,855
Total Assessment
£175,963

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 32921336

  • Date on Market: 22/08/2024

  • Last Updated:

  • Address: 8079 State Road 259, Lost River, WV 26810

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