Investment opportunity mixed residential and Restaurant & Lodging Opportunity in the Heart of Luray, Virginia Prime Tourism Location Near Luray Caverns & Shenandoah River. Turnkey restaurant seating up to 140 guests, plus additional lodging opportunities! included in the sale is a 1 BR cabin and a 4 BR home. both cabin and 4 br will require improvements, many improvements have been completed including new roofs, Facia, Soffit, 2 new Hvac systems, Painting, as well as some window and door in the restaurant. Sq ft listed does not include 2 houses and is estimated Located in beautiful Luray, Virginia, just minutes from Luray Caverns, the Shenandoah River, Skyline Drive, Shenandoah National Park, and numerous year-round tourist attractions, this unique property offers tremendous potential for an owner-operator, investor, restaurant group, or hospitality entrepreneur. Restaurant Highlights Ready for immediate operation Seating capacity for approximately 140 guests Excellent visibility and access Ideal for family dining, events, catering, weddings, tour groups, and seasonal tourism traffic Positioned in one of Virginia's most popular travel destinations Additional Income Potential Included on the property are: 1-Bedroom Cabin Perfect for a vacation rental, manager's quarters, or guest accommodations. The cabin requires renovations but offers significant upside. 4-Bedroom House Spacious home suitable for a residence, employee housing, or short-term rental. The house needs updating and repairs, creating an opportunity to add value. Exceptional Location Just minutes from: Luray Caverns Shenandoah River activities Shenandoah National Park Skyline Drive Hiking, fishing, canoeing, and outdoor recreation Local wineries, shops, and tourist attractions Endless Possibilities Whether you're looking to operate a restaurant, create a destination dining experience, expand into lodging and vacation rentals, or develop a hospitality business in a thriving tourist market, this property offers exceptional potential. Restaurant is operational and ready for business. Lodging structures offer value-add opportunities through renovation and improvement. Opportunity Awaits in Luray, VA Bring your vision and capitalize on the thousands of visitors who come to the Shenandoah Valley each year. Contact us today to learn more and schedule a tour.
Based on the average sale price from the Martinsburg, WV office
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Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
8512 Us Hwy 211w Luray Va Us Hwy 211 W # 8508 Luray, VA is a Single Family Home for sale at $675000 with 5000 sqft and a lot size of 2 Acres Acre(s). 8512 Us Hwy 211w Luray Va Us Hwy 211 W # 8508 Luray has 4 bedrooms, 3 baths and was built in 1940. The property's zip code is 22835 which is in Luray, VA
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
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