105 W Blue Ridge St Stuart, VA 24171
Estimated payment $3,572/month
Highlights
- Balcony
- Tile Flooring
- Heat Pump System
- Window Unit Cooling System
About This Home
Here's a rare opportunity to live onsite and operate your own business in the beautiful Town of Stuart, VA. Stuart's only motel is now available for purchase, offering a unique combination of income potential and lifestyle convenience. The property features 24 motel rooms, with most having been renovated over the past few years. A mix of single and double rooms are available for nightly or extended stays, and several tenants currently rent monthly, providing consistent income. Behind the welcoming lobby and reception area is a spacious two-bedroom, one-bath apartment with a full kitchen—ideal for an owner/operator or onsite manager. Many of the HVAC units have been replaced, and several bathrooms have been updated, ensuring guest comfort and reducing maintenance concerns. A commercial laundry area includes a brand-new 50 lb washer and dryer, and a newer propane hot water heater serves the entire complex. The property fronts on West Blue Ridge Street, the main thoroughfare through the Town of Stuart, providing excellent visibility and accessibility. A large paved parking lot offers ample space for guests. This is a true turnkey opportunity—everything you need to begin operations from day one. Don't miss your chance to own the only motel in town and be part of a growing and welcoming community.
Listing Agent
EDD MARTIN AND ASSOCIATES REAL ESTATE Brokerage Email: 2766945002, eddmartinrealtor@gmail.com License #0225258207 Listed on: 04/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,668
Year Built
- Built in 1963
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Exterior
Interior Spaces
- 4,360 Sq Ft Home
- 2-Story Property
- Window Treatments
Flooring
- Carpet
- Laminate
- Concrete
- Tile
Parking
- Driveway
- Open Parking
Utilities
- Window Unit Cooling System
- Heat Pump System
- Wall Furnace
- Propane Water Heater
- Private Sewer
- Cable TV Available
Additional Features
- Balcony
- 0.48 Acre Lot
Community Details
- Stuart Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $1,668 | $228,500 | $63,200 | $165,300 |
2024 | $1,668 | $228,500 | $63,200 | $165,300 |
2023 | $1,668 | $228,500 | $63,200 | $165,300 |
2022 | $1,668 | $228,500 | $63,200 | $165,300 |
2021 | $1,554 | $228,500 | $63,200 | $165,300 |
2020 | $2,428 | $357,000 | $63,200 | $293,800 |
2019 | $2,428 | $357,000 | $63,200 | $293,800 |
2018 | $2,035 | $357,000 | $63,200 | $293,800 |
2017 | -- | $357,000 | $63,200 | $293,800 |
2016 | $2,035 | $357,000 | $63,200 | $293,800 |
2015 | -- | $357,000 | $63,200 | $293,800 |
2014 | -- | $395,300 | $63,200 | $332,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/02/2025 04/02/25 | For Sale | $650,000 | -- | $149 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $315,000 | Attorney | |
Warranty Deed | $203,000 | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $215,000 | Purchase Money Mortgage | |
Previous Owner | $235,528 | Commercial | |
Previous Owner | $125,000 | Purchase Money Mortgage |
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®
MLS Number: 144676
APN: 4811050074
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