4948 East Lee Highway

    Max Meadows, VA 24360
    • $499,900
    • STATUS: Active
    • ON SITE: 265 days
    • MLS #: 68247
    UPDATED: 36 min ago
    $499,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,490
      SQFT
    • $67
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Attention Investors or Entrepreneurs! If you are looking for a well established and well maintained investment property then look no further. This current Hotel/Motel/Apartment screams income with 8 motel rooms and 6 apartments with room to expand. These 1Bd/1BA units are in great condition and are are ready for new owners. This profitable business is conveniently located right off I-81 and the possibilities are endless. Motel rooms are completely furnished and apartment units have some furnishings as well. As of list date all apartments are rented and the majority of the motel rooms are in use. Complete with a office,coin operated laundry, ice machine,storage, large storage building and a nice barn with partitions in the rear of the property. Many upgrades have been done by the current owner, but the overall condition of this property is pristine.3.33 acres with no restrictions make expansion a possibility. This is a must see! Call today to learn more about this great property!

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    © 2019 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Highlands Realty, Inc.. Data last updated: 2019-11-17T22:19:56.187.
    www.highlandsrealtyinc.com/homes/92104666

    4948 East Lee Highway Max Meadows, VA 24360

    • Price: $499,900
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 68247
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,490
    SQFT
    $67
    $/SQFT
    Neighborhood:
    Wythe County
    County:
    Wythe
    Area:
    Wythe County
    Property Description
    Attention Investors or Entrepreneurs! If you are looking for a well established and well maintained investment property then look no further. This current Hotel/Motel/Apartment screams income with 8 motel rooms and 6 apartments with room to expand. These 1Bd/1BA units are in great condition and are are ready for new owners. This profitable business is conveniently located right off I-81 and the possibilities are endless. Motel rooms are completely furnished and apartment units have some furnishings as well. As of list date all apartments are rented and the majority of the motel rooms are in use. Complete with a office,coin operated laundry, ice machine,storage, large storage building and a nice barn with partitions in the rear of the property. Many upgrades have been done by the current owner, but the overall condition of this property is pristine.3.33 acres with no restrictions make expansion a possibility. This is a must see! Call today to learn more about this great property!
    Exterior Features

    Building Exterior BlockBrickConcreteVinyl Siding Exterior Features Lighting/SecurityGuttersParking 25+ SpacesLandscaping Lot Dimensions 3.33 Acres Roof Other Style Building Wood FrameOther-See RemarksMasonry

    Interior Features

    Air Conditioning Other-See Remarks Floors CarpetConcrete SlabTile Heating System Other-See Remarks Interior Features Security System

    Property Features

    Additional Structures BarnStorage Shed Building Age 32 County Taxes 1850.24 Current Use Motel/Hotel Equipment Leased 0 Gross Income 0.00 Lot Number 0 Net Income 0.00 Property Description Located in County Property Type Commercial Other Sprinkler System None Tax Map Number 46-1B Tax Year 2017 Utilities Other Water Sewer PublicWell Zoning None

    Listing information © 2019 Southwest Virginia Association of REALTORS®
    Listing provided courtesy of Herbert Dunford of Weichert Realtors-Short Way Real Estate.


    © 2019 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Highlands Realty, Inc.. Data last updated: 2019-11-17T22:19:56.187.
     
    Highlands Realty, Inc.
    461 W. Main St.
    Abingdon VA, 24210