3050 Lee Hwy | Bristol, VA 24202
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3050 Lee Hwy
Bristol, VA 24202
Bristol Arcadia Inn · Hospitality Property For Sale · 39,654 SF
Investment Highlights
- Tremendous upside opportunity to acquire a well-located and maintained hotel asset that completed the Move to Modern PIP.
- Passage of November 3 local ballot referendum will bring casino gaming to Bristol.
- Multiple demand generators, including the NASCAR Bristol Motor Speedway, are within a 15 minute drive.
- I-81 corridor location, one tenth of a mile from the freeway exit providing excellent access and visibility.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1991/2019 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.80 AC | Corridor | Interior |
| Building Size | 39,654 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 39,654 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1991/2019 |
| Tenancy | Single |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Meeting Event Space
- Wedding Venue
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
- Digital key
PROPERTY TAXES
| Parcel Number | 224-A-23 | Improvements Assessment | $2,263,300 |
| Land Assessment | $160,000 | Total Assessment | $2,423,300 |
PROPERTY TAXES
Parcel Number
224-A-23
Land Assessment
$160,000
Improvements Assessment
$2,263,300
Total Assessment
$2,423,300
zoning
| Zoning Code | B-3 (C1) |
| B-3 (C1) |
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