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3050 W Main St
Danville, VA 24541
Economy Inn · Hospitality Property For Sale · 18,813 SF
Investment Highlights
- Economy Inn has located on US Hwy 29 with easy access for entry and exit from property to major highway
- Danville city transit service comes to near hotel
- Hotel US Hwy 29 has constant traffic flow all day.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Year Built | 1956 | |
| Building Class | C | Parking Ratio | 2.92/1,000 SF |
| Lot Size | 2.29 AC | Corridor | Exterior |
| Building Size | 18,813 SF |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 2.29 AC |
| Building Size | 18,813 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 2.92/1,000 SF |
| Corridor | Exterior |
About 3050 W Main St , Danville, VA 24541
This 48 rooms limited service Economy Inn is ideally located off interstate 785 and US Hwy 29 Business in south - central Virginia along the North Carolina boarder make Danville extremely well-suited to reach mid-Atlantic markets and international shipping facilities . This facility is made up of (2) buildings consisting of 48 exterior guest rooms and specious on site manager's apartment with kitchen and separate living area all of which are situated on 2.29 acres of land with excellent roadside and interstate visibility. Hotel is located to near major businesses, leisure and historic demand generators. Additionally, the hotel benefits from its proximity to Goodyear, Essel Propack, Nestle , Swedwood of IKEA, Industrial Mega Park, Sovah Medical Center, Danville Regional Airport, Averrett University, National University, Danville Community College, Danville Mall, downtown, and restaurants are within minimum distance.
PROPERTY TAXES
| Parcel Number | 55107 | Improvements Assessment | $587,000 |
| Land Assessment | $91,200 | Total Assessment | $678,200 |
PROPERTY TAXES
zoning
| Zoning Code | HRC-Highway Retail Commer |
| HRC-Highway Retail Commer |
Learn More About Investing in Hospitality Properties
