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601 Main St
Lynchburg, VA 24504

Lynchburg Grand Hotel · Hospitality Property For Sale · 229 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.75 AC
Building Size 156,177 SF
No. Rooms 229
No. Stories 8
Year Built/Renovated 1983/2011
Tenancy Single
Parking Ratio 2.43/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

About 601 Main St , Lynchburg, VA 24504

Avison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Holiday Inn Lynchburg (hereinafter “Property,” or “Hotel”), a full service hotel located in Lynchburg, Virginia. The Property is located just off Main Street in downtown Lynchburg. The Property is located ten miles away from the Lynchburg Regional Airport. The Hotel is near local tourist attractions such as the Anne Spencer House & Garden Museum, Nature Zone, Thomas Jefferson’s Poplar Forest, Calvin Falwell Field and others. Dining, shopping, and entertainment options can be found in downtown Lynchburg and are in close proximity to the Hotel. The Hotel offers easy access to the multiple local higher education institutions (Liberty University, Lynchburg College, Randolph College, Central Virginia Community College, Sweet Briar College and Virginia University of Lynchburg). Local businesses include Aerofin Corporation, AREVA, Cintas, Frito-Lay Inc., C.B. Fleet Co., Inc., and more. The Property is an eight-story, interior corridor hotel which opened in March 1984. The Hotel has a lobby, reception area, guest laundry facilities, a rooftop pool, fitness center, business center, and hotel-wide Wi-Fi Internet access. The Property has a restaurant on-site, 601 Main Restaurant and Bar. The Property offers 229 non-smoking guestrooms and suites that offer king, queen and double beds that include flat-screen televisions, work desk, Wi-Fi, microwave, mini-refrigerator, coffee maker, and a pull-out sofa (found in the suites). Provided in all guestrooms are Holiday Inn standard amenities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
024-31-001
Land Assessment
$1,143,500
Improvements Assessment
$6,356,500
Total Assessment
$7,500,000

zoning

Zoning Code B4
B4
  • Listing ID: 13127540

  • Date on Market: 7/11/2018

  • Last Updated:

  • Address: 601 Main St, Lynchburg, VA 24504

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