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Inn of the Shenandoah


Luray, VA   Offered for sale at $579,000
 

The Inn of the Shenandoah is a successful bed and breakfast for sale in the heart of the Shenandoah Valley at the base of the Blue Ridge Mountains in Luray, Virginia. Comprised of two adjoining tax lots, the Inn is a lovingly restored, historic Victorian masterpiece with accompanying farmhouse cottage.

The Inn has 5 luxury suites and 5.5 bathrooms in all. With unique European flair, the Inn features three spacious guest suites each with crystal chandeliers, stain glass windows, a large en suite bathroom, spa tub, electric fireplace, refrigerator, flat screen TV, and private balcony. In the cottage behind the Inn, there are two additional suites furnished with spa tubs, kitchenettes, separate sitting areas, flat screen TVs, and private decks.

There is a modest 23.5' x 7.5' bedroom with private entrance, adjacent to the suites on Inn's second floor, which would be suitable for an innkeeper (owners currently exploring adding dedicated bathroom to this bedroom).

A large, fully equipped commercial kitchen, bar, and numerous dining rooms offer tantalizing possibilities beyond the well-established and successful lodging business. Plus, with more than half an acre of land and beautiful gardens, the Inn is the perfect setting for weddings and special events.

Serving as a gateway to Shenandoah National Park, Luray is known for spectacular views, outdoor adventure, and romantic escapes. Location is key and the Inn is a landmark property on Main Street with quaint shops and restaurants within walking distance nearby. Popular attractions are within easy distance, including Luray Caverns, Shenandoah National Park, award winning wineries, river canoeing, hiking, swimming, horseback riding, and other outdoor activities. Situated just 90 miles from Washington, DC and 60 miles from Charlottesville, VA, the Inn is a favorite for weekend getaway guests. It is also just 30 minutes from the busy ski resort, Massanutten.

Romantics will fall in love with this unique property, while realists will thrill at the financial prospects for their investment. Lodging sales are in six figures and average occupancy tops 30%. The Inn has operated a restaurant and bar in the past (earning over $300,000 a year) and new owners have many options for food & beverage service, if desired. The strength of the Shenandoah Valley as a travel destination is well established and Greater Northern Virginia’s excellent demographics point to higher occupancy rates in the future.



Property Details
  • 5 Guest Rooms
  • 5 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1885
  • Opened in 1995
  • Building is 3,760 SQFT
  • Lot is 0.68 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $579,000
  • Occupancy Rate: 35%
  • Average Daily Rate: 170
  • Terms: Additional financial information available by request
Contact Information