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2836 N Lee Hwy
Lexington, VA 24450

Price Upon Request

Hotel For Sale  •  47,220 SF

Property Details

  • Property Type Hotel
  • Total Building Size 47,220 SF
  • Lot Size 10.72 AC
  • Building Class C
  • Year Built 1974
  • Zoning B1
0 Transit Score
10 Walk Score

Highlights

Fee Simple Interest in the Five-Story, Interior Corridor, Select-Service Hotel
Expansive 10.72-Acre Site with Visibility on Interstate-81 (47,640 VPD)
Full Guestroom Furniture Refresh Underway (All 100 Rooms Purchased), Significant Near-Term Value-Add for Remaining Guestroom Installs
Recent Facility Enhancements Include 2026 Pool Repainting & 2022 Elevator Installations
Interior Corridor Structure Supports a Potential Future UpFlagging Conversion Opportunity at Exit Window
Vacant Restaurant Space On-Site with Potential to Lease-Up to Increase NOI

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 155
Type: Surface
Included in Rent: Yes
Prashant Merchant 757-589-6954 Colliers | Virginia
Prashant Merchant 757-589-6954 Colliers | Virginia