Bed And Breakfast For Sale In Virginia

Featured Listing

Rooms

10 Financial Profile

Investment Level

Style

Bed and Breakfast

Location

Rural

Year built

1916

Owners Quarters

Yes

Steeles Tavern Manor Bed and Breakfast for sale

The Steeles Tavern Manor Bed and Breakfast was originally built in 1916 by Irene Steele Searson in the town of Steeles Tavern, Virginia. In the tradition of her ancestors, she opened her home to accommodate tourists with “good home cooking and modern facilities” until the 1940s. Since then, the property has gone through several cycles of conversion between private residence and public lodging until its most recent conversion into a bed and breakfast in 2000, when it was completely renovated with modern amenities expected by today’s travelers.

Three cabins were added to the property in the early 2000s and two more were added in 2021, all of which are fully self-contained including kitchens and private hot tubs. There are currently a total of 10 available guest rental units.

This Select Registry ™ facility rests on just over 50 well manicured acres, which are available to cabin and Manor guests alike. Public areas abound, including multiple decks, an in-ground pool, fire pit, tranquil fishing pond, peaceful sitting areas, and a walking trail along Marl Creek.

Business Description

Steeles Tavern Manor is conveniently located in the Shenandoah Valley, midway between Lexington and Staunton, Virginia. Within just a few miles of both I-81/64 and the famous Blue Ridge Parkway, the property provides the perfect location for travelers who are just passing through or who want to stay awhile and enjoy all that the area has to offer.

Currently, the 5 rooms in the Manor are operated as traditional bed and breakfast units, with breakfast provided daily to all guests. The 5 rental cabins can have breakfast delivered as an up-sell. All guest units have access to the common areas. Additionally, all of the cabins also have private outdoor hot tubs. Currently the cabins and Manor have cross-linked websites and share a common property management system.

On-site spa services are also available in a dedicated treatment room which accommodates couples. Many other packages and up-sale opportunities are also available that provide additional revenue opportunities. Currently 30 acres are leased for agricultural use, but additional opportunities for expansion abound on the rolling hills of this 50+ acre property.

This well-managed property has the cash flow and profitability to be classified as investment grade. In-depth financial information is available upon request and execution of an NDA.

Special Features

Location

Lexington, Virginia has been recognized as one of the best small towns in the South by both USA Today and Southern Living Magazine, and Staunton, VA has been recognized as one of the best small towns in America by many publications, including USA Today, Smithsonian, and Southern Living Magazine…and Steeles Tavern is almost exactly halfway between them.

The Shenandoah Valley is a collection of small communities rich in history and natural resources and abounds with a variety of attractions and things to do and see, including breweries, vineyards, theatre, and outdoor activities. It’s also a hiker’s paradise, from the gentle rolling hills in the National Park to the more challenging climbs of the Appalachian Trail. Farm tours, caving, glass blowing, exploring a variety of historical sites, and horseback riding are just a few of the additional attractions that guests can enjoy in the area.

The Manor is also a significant destination in and of itself, with its 50+ acres of pristine nature as a place to enjoy as a peaceful and relaxing retreat that’s an easy drive from major metropolitan areas like RTP and Greensboro, NC, Norfolk and Richmond, VA, and of course, Washington, D.C.

Owner's Quarters

Owners or on-site manager will have excellent accommodations as well. Recently expanded, there is a full bedroom with en-suite bath, a wide open great room with office area, an extra bonus room with additional bath, and even a private deck overlooking the mountains. Private access to back-of-house areas like laundry and the kitchen make this an attractive and comfortable place to live and unwind after a busy day of innkeeping.

Property Details

The Manor House hosts 5 guest rooms, kitchens, dining and gathering areas, and the owner’s quarters. It also serves as the anchor point for the pool and many of the other outdoor lounging and recreational areas.