Turnkey Inn Investment in Thriving College Town – Harrisonburg, VA.
Seize this rare opportunity to own a beautifully renovated, fully operational inn just 1.5 miles from downtown Harrisonburg. With seven rentable accommodations and an innkeeper’s apartment, this 9,456 sq. ft. property offers revenue and room for growth. Listing includes an historic Main House, 3 private cottages, a 3 car garage and a Special Use permit for continued hospitality operations.
Property Highlights: Cap Rate: 5%–6%; 7 Rentable Units + Innkeeper’s Apartment + 3 Car Garage; Main House Reopened in May 2023 After Extensive Renovations; $185K+ in Upgrades Completed since 2023 – Fully refreshed & ready to go; Prime Location – Close to James Madison University, Bridgewater College, and Eastern Mennonite University; Business Legacy – 26 years as a successful, family-owned business; Turnkey yet customizable – make it your own and scale up!
This is a fantastic investment opportunity for those looking to operate a thriving hospitality business in a vibrant college town. Whether you continue its legacy or bring your own vision, the hard work has been done – now it's time to capitalize on the growth.
Inquire today for financials and a private tour. Owner/Agent
1.64 Private Acres Exterior Space
Commercial
$20,755 Annual Tax
Built in 1790
MLS/Listing ID VAHC2000388
Fireplace
Home Office
Recessed Lighting
Tile Countertops
Wooden Ceilings
Wooden Beams
Construction - Stone Walls
Pendant Lights
Hot Tub
Wood Texture Flooring
Chandelier
Lot - Backyard
Parking - Garage
Parking - Detached Garage
Free Standing Baths
Glass Shower
Listing Courtesy of NEST REALTY HARRISONBURG, ANNA MAGHEEN BERGEY - 540-908-8483
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/14/2025.
Source: Bright Multiple Listing Service, Inc.
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