Average square foot calculated using Size range provided by listing agent.
Description
Tuggle’s Gap Roadside Inn is a fully renovated, turn-key boutique motel, restaurant, and retail property on 2.36 scenic acres off the Blue Ridge Parkway in Floyd, VA. Originally opened in 1938, this landmark includes 10 updated guest rooms with private baths, smart locks, WiFi, and Smart TVs. A fully equipped commercial kitchen, indoor/outdoor dining, retail gift shop, fuel pumps, laundry facilities, and outdoor amphitheater with stage offer diverse revenue potential. Conveys with all furnishings, restaurant equipment, and brand assets including website and social media. ~$110K annual lodging revenue with plenty of room to grow. Restaurant and fuel operations are paused but easily reopened. Fiber internet and modern digital systems allow for streamlined operations. Perfect for an owner/operator or investor seeking an income-producing hospitality property with historic charm and expansion potential. Shown by appointment only.Show Description
MLS® Number667834
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