3351 Parkway Ln, Floyd, Virginia

$639,000

Previous Next

6,679

Square feet

2.36

Acres

About 3351 Parkway Ln

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.

Features of 3351 Parkway Ln

MLS® # 667834
Price $639,000
Square Footage 6,679
Acres 2.36
Type Commercial Sale
Status Active

Community Information

Address 3351 Parkway Ln
City Floyd
State Virginia
Zip Code 24091

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?