The Hotel Laurance
11,000 SF building • 12 Self Service Units • Renovated in 2015 • Zoned B1 • Strong Wedding & Event Revenue
Prime Location in the Charlottesville Area
Active
$2,650,000

Uncover the potential of this exceptional hospitality investment opportunity! This 11,000 square foot property, built in the 1800’s, developed in 2015 and meticulously renovated in 2024. It presents 12 boutique hotel rooms plus two beautiful entertaining rooms, designed for the discerning limited-service investor. Strategically located just outside of Washington DC and the Charlottesville area. It is surrounded by the beautiful Shenandoah River, National Forest and Luray Caverns. 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.

 

Listing Courtesy Of:

Rich Vaaler
Vaaler Real Estate
Leesburg, VA 20176

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  • 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

Prime Location in the Charlottesville Area

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

 

 

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