18021 Virgil H Goode HwyRocky Mount, VA 24151

This exceptional investment opportunity presents a fully renovated Redwood Motel and Mary's Diner, situated on a 1.47-acre lot at 18021 Virgil H Goode Hwy in Rocky Mount, Virginia (zip code 24151). The property boasts a total of 7,513 square feet across two buildings, with a permitted B2 zoning classification. Built in 1957 and extensively renovated in 2024, this property offers 16 guest rooms, each undergoing a complete gut renovation, including new wallboard, vinyl plank flooring, plumbing fixtures, and HVAC units. A manager's suite and a space suitable for a coin-operated laundry are also included. The accompanying Mary's Diner generates approximately $14,000 in annual supplemental income. The property is conveniently located on busy Route 200, offering high visibility and accessibility. This turnkey operation, ready for immediate rental, presents a significant return on investment. The asking price is $1,300,000, translating to $173.03 per square foot. The property's APN is 0440013601. This is a rare chance to acquire a fully renovated, income-producing hospitality property in a desirable location. Don't miss this opportunity to own a thriving business in a growing market.