THE LEGACY INN
Seven beautiful suites at The Legacy Inn
Marketing description
Introducing THE LEGACY INN, a historic property offering seven beautiful suites on 2.5 acres of lush land at 120 N Hawksbill St, Luray, Virginia 22835. Priced at $1,450,000, this charming inn, originally a tavern in 1805, has been meticulously renovated to cater to modern guests. Located less than a mile from the renowned Luray Caverns and just a short drive to Shenandoah National Park, THE LEGACY INN provides a perfect blend of history and luxury. With amenities like spacious rooms, comfortable beds, bikes, and a fire pit, it offers a serene retreat for visitors exploring nearby attractions such as River Hill Wine & Spirits and the Car & Carriage Caravan Museum. This property is not just a B&B; it presents value-add opportunities like a functional Cottage for additional rental income or a caretaker home. With potential for expanding offerings like meals, tours, weddings, and corporate events, THE LEGACY INN is poised for growth. Don't miss the chance to own this picturesque piece of Shenandoah Valley history!
Investment highlights
• Seven beautiful suites at The Legacy Inn nestled on 2.5 acres of 60+ year old chestnut, maple and poplar trees in the heart of Luray, Virginia less than a mile to the world-famous Luray Caverns and ten minutes from Skyline Drive in the Shenandoah National Park
•This historic Shenandoah Valley property was built in 1805 and originally used as a tavern and way-station for travelers through Thornton’s Gap
•Today the historic property is an opportunity for a modern B&B experience driving distance from the Capitol for getaways and events
•The property has undergone significant renovations throughout 2022 and 2023 and open to events like weddings and reunions and board meetings and all types of gatherings and of course an inn for vacationers to the spectacular Shenandoah Valley
•Rich in local attractions like Luray Caverns | Shenandoah National Park | Car & Carriage Caravan Museum | River Hill Wine & Spirits | Warehouse Art Gallery | Massanutten Storybook Trail
•Guests enjoy the spacious rooms, comfortable beds and amenities like bikes and a fire pit
•There is a Cottage currently just used for storage but is fully functional with bathroom and kitchen. Options for the Cottage could include caretaker home, additional B&B rental, or turn back into long term rental
•There are water and electric hookups for four tiny homes or Park Model RV’s
•Several opportunities for increased upsells including meals, tours, weddings, corporate events and even a beer garden
•Boundless potential by investing in the guest experience with marketing, wrap around services, upsells and local partnerships to leverage the Inn’s full potential
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