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. many… Read More improvements have been completed including new roofs, Facia, Soffit, 2 new Hvac systems, Painting, as well as some window and door in the restaurant. 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 2705; Ready for immediate operation 2705; Seating capacity for approximately 140 guests 2705; Excellent visibility and access 2705; Ideal for family dining, events, catering, weddings, tour groups, and seasonal tourism traffic 2705; Positioned in one of Virginia's most popular travel destinations Additional Income Potential Included on the property are: 1f3e1; 1-Bedroom Cabin Perfect for a vacation rental, manager's quarters, or guest accommodations. The cabin requires renovations but offers significant upside. 1f3e1; 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. Read Less
Courtesy of Raymond E Heflin Jr., Morris & Co. Realty, LLC 540-631-1414
Listing Snapshot
Days Online
6
Last Updated
Property Type
Single Family Residential
Beds
4
Full Baths
3
Square Ft.
5,000
Lot Size
2 Acres
Year Built
1940
MLS Number
VAPA2006816
Additional Details
Building
Built in 1940, Living area: 5000, Levels: 1, Construction Materials: Frame
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