East Lee Highway Max Meadows, VA, 24360
$ 595,000Bedrooms Baths0.0 Sq 7,490
for $595,000. This 7,490 square foot building was built on a lot size of 3.33 acres.
Attention Investors or Entrepreneurs! If you are looking for a well established and well maintained investment property then look no further. This current Hotel/Motel/Apartment screams income with 8 motel rooms and 6 apartments with room to expand. These 1Bd/1BA units are in great condition and are are ready for new owners. This profitable business is conveniently located right off I-81 and the possibilities are endless. Motel rooms are completely furnished and apartment units have some furnishings as well. As of list date all apartments are rented and the majority of the motel rooms are in use. Complete with a office, coin operated laundry, ice machine, storage, large storage building and a nice barn with partitions in the rear of the property. Many upgrades have been done by the current owner, but the overall condition of this property is pristine.3.33 acres with no restrictions make expansion a possibility. This is a must see! Call today to learn more about this great property!
Flooring Carpet(s) Concrete Floors Tile Flooring
Interior Security System
Exterior Exposed Brick Gutters Landscaped Security Lighting
Parking Number of Parking Spaces vary
Siding Concrete Siding Vinyl
List By Junior Dunford
Wytheville - Weichert, Realtors® - Short Way Real Estate
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save Nearby
Commerical listings in Max Meadows, VA
Average List Price $418,870
Percent of Sale Price 30 %
About Max Meadows, VA
6 %Since 2002
$ 43,082 Median Income
42.97 Median Age
20 % Households with Children