155 W Main St

Hospitality for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30611541
Property Subtypes: Bed & Breakfast, Inn
Number of Units: 1 Units
Building Size (RSF): 5,428 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 SF
Sale Price: $529,000
Unit Price: $529,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Holladay House
Name of Establishment: The Holladay House Bed & Breakfast
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/16/2021

Overview / Comments

Remarkable opportunity presenting a multitude of possibilities. Mixed-use zoning allows for residential and commercial considerations such as Airbnb, offices, virtual learning, retail, spa and wellness practice, taproom, restaurant, artisan studio, or keep it as a bed and breakfast inn. The Holladay House boasts over 5000 sq. ft. of pure potential in a vibrant Main Street community. This entire turn key business can be purchased for $599,000 to include all the Bed and Breakfast furnishings, business name, tools and reservation system or you can just purchase the property for $529,000.

Additional Details

Nearest MSA: Charlottesville
County: Orange
Submarket Type: Central Business District
Tax ID/APN: 044A3002800050
Zoning: C-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: West Main St and Caroline St
Property Visibility: Excellent
Largest Nearby Street: VA 20 S
Site Description: Located on Main St within walking distance to numerous restaurants, retail shops, and parks.
Nearby Attractions: Orange is centrally located to numerous recreational venues
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1830
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Federal architectural style
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: On-street (2) and off-street behind the house (8).
Heat Type: Oil, Hot Water
Heat Source: Central, Radiant
Air Conditioning: Window Unit
Internet Access: Cable, Satellite
Interior Description: Move-in ready, please watch the virtual tour.
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: BK 28-5 60 Main, Db-2006-10357

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,547 8,215
Median Age: 42.14 41.74
Households: 2,522 3,144


Photograph of Listing Agent

Donna Waugh-Robinson

Jack Samuels Realty
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