Hotel Laurance

Discover the charm of Luray, VA, with its picturesque surroundings and rich cultural heritage. Nestled in the heart of the Shenandoah Valley, the area offers a serene setting for business and leisure. The location provides easy access to notable landmarks such as Luray Caverns, offering stunning natural formations and thrilling underground adventures. History enthusiasts will appreciate the nearby Car and Carriage Caravan Museum, showcasing vintage vehicles from a bygone era. With its proximity to Luray's dining and shopping options, the Hotel Laurance presents an ideal opportunity for hospitality operators seeking a blend of tranquil surroundings and vibrant local attractions in the Charlottesville market.Uncover the potential of this exceptional hospitality investment opportunity! This 11,000 square foot property, built in 1933 and meticulously renovated in 2015, presents 12 boutique hotel rooms designed for the discerning limited-service investor. Strategically located in the vibrant Charlottesville area, this building is zoned B1, offering a prime location for leveraging its proximity to key attractions. The property's timeless architecture and modern amenities make it a compelling choice for investors seeking to capitalize on the dynamic hospitality market. Don't miss the chance to acquire this meticulously maintained property, poised to deliver exceptional returns in the thriving Charlottesville market. Ideal for adding a wine cellar/bar and other amenities. Additional lot on Main St is available for sale but is not included in the price.