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The Washington Inn 509 W Main St

12 Room Hotel Fries, VA 24330 £781,668 (£65,139/Room)

Investment Highlights

  • There is a large dining room and reception area with room for a commercial kitchen.

Executive Summary

Built in 1902 during the construction of the town surrounding the Washington Mill, the historic Washington Inn is the architectural center of Fries, Va. The Inn has an old fashion front porch and a platform off the back providing gorgeous vies of the New River. There are 13 guest rooms with bathrooms, There is a new roof, all electrical, plumbing and HVAC systems with ample parking out front. This space has incredible potential as a wedding and event space or boutique hotel, and has a projected yearly income of $125,000.

Property Facts

Price £781,668
Price Per Room £65,139
Sale Type Owner User
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.91 AC
Building Size 9,168 SF
No. Rooms 12
Number of Floors 3
Year Built/Renovated 1902/2023
Parking Ratio 1.64/1,000 SF
Corridor Interior

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 £218.30 -
Guest Room 11 £111.11 -

zoning

Zoning Code TOWN
TOWN
  • Listing ID: 27368751

  • Date on Market: 22/12/2022

  • Last Updated:

  • Address: 509 W Main St, Fries, VA 24330

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