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Black Lantern Inn 1526 Franklin Rd SW
3 Room Bed and Breakfast Roanoke, VA 24016 $749,000 ($249,667/Room)
Property Facts
| Price | $749,000 | Building Size | 3,949 SF |
| Price Per Room | $249,667 | No. Rooms | 3 |
| Sale Type | Investment | No. Stories | 3 |
| Sale Conditions | Business Value Included | Year Built/Renovated | 1900/2008 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Bed and Breakfast | Parking Ratio | 2.53/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.47 AC | Opportunity Zone |
Yes
|
| Price | $749,000 |
| Price Per Room | $249,667 |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.47 AC |
| Building Size | 3,949 SF |
| No. Rooms | 3 |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2008 |
| Tenancy | Single |
| Parking Ratio | 2.53/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- Balcony
- High Speed Internet Access
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
About 1526 Franklin Rd SW , Roanoke, VA 24016
Historic Franklin Road Gem - In The Beautiful Blue Ridge Mountains - Masterfully Restored 1920s Property Presenting a meticulously renovated historic property at 1526 Franklin Road, transformed from its 1920s origins into a stunning commercial opportunity. This remarkable building showcases the perfect blend of historic charm and modern amenities through an award-winning restoration completed by Ronald Chuman. Property Highlights: - Complete structural renovation from foundation to roof - New Plumbing and Electrical - Two fully equipped modern kitchens - Beautifully restored original architectural elements - Professionally landscaped grounds with ample parking Distinguished Restoration Features: - Preserved and restored original woodwork, including front porch columns, balusters, and railings - New energy-efficient windows and doors throughout - Modern insulation and drywall - Expertly restored plaster walls - Award-winning architectural renovation Exterior Amenities: - Reconstructed front porch with period-appropriate details - Covered rear porches - Professional landscaping with extensive grading - 120-ton stone driveway - Restored original rock wall with modern lighting - Spacious rear parking area This property represents a rare opportunity to own a piece of local history that has been thoughtfully modernized while maintaining its historic integrity. The meticulous restoration, which earned a City Architectural Award, ensures this property is ready for immediate commercial use while preserving its historic character. Perfect Potential for: - Boutique hotel/inn - Restaurant - Professional offices - Event venue - Retail space Don't miss this opportunity to own a masterfully restored piece of architectural history that combines vintage charm with modern functionality. Contact for pricing and additional details.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 3 | $179.00 | - |
PROPERTY TAXES
| Parcel Number | 103-1207 | Improvements Assessment | $0 |
| Land Assessment | $88,400 | Total Assessment | $88,400 |
PROPERTY TAXES
zoning
| Zoning Code | MX |
| MX |
-
Hal Cone -
LPT Realty, LLC
Presented by
Black Lantern Inn | 1526 Franklin Rd SW
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