1424 Main StMarion, VA 24354
For Sale
$1,999,999
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- SBA and USDA loan eligible.
- Value-add hotel with pool, approximately 870 sq ft hall, and approximately 5,100 sq ft restaurant/space with bar add-on potential.
- Excellent location in a high-traffic retail corridor between Route 11 and I-81 in Southwestern Virginia.
- 45-minute drive to the Tri-Cities MSA (Bristol, Kingsport, Johnson City) with a population exceeding 500,000 (2022).
- Strong growth potential due to unmet housing demand and supply constraints, including Section 8 housing needs and high-end residential demand, plus college expansion.
- Convenient proximity to major cities: Bristol, VA (45 miles); Roanoke, VA (100 miles); Greensboro, NC (140 miles); Charleston, WV (150 miles); Knoxville, TN (155 miles); Charlotte, NC (160 miles); Durham, NC (190 miles); Raleigh, NC (215 miles).
Property Details for 1424 Main St
- Property type
- Other hospitality properties, Hotels
- Year Built/Renovated
- 1964/2020
- Stories
- 2
Location Insight
- City
- Marion
- County
- Smyth
- State
- Virginia
- Latitude
- 36.8456264
- Longitude
- -81.4930702
1424 Main St, Marion, Virginia
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