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Financial Information

Asking Price: $1,100,000.00
Terms: Cash
Occupancy Rate: 32%
Revenue/Year: $125,000
Average Daily Rate: $146.49
Links

Inn's Website Link
Realtor's Website Link
Property Information

Number of Guest Rooms: 7
Number of Guest Room Baths: 7
Property Address:
101 Valley Street, Abingdon, Virginia
Property Status:
Currently is a B&B
Owners' Quarters: Yes 2 Bedrooms, 2 Baths, Den/Office
Year Built: 1920
Year of last renovation: 1995
Years run as B&B: 19
Square Footage: 6,250
Acreage: 0.66
Restaurant: No
Natl. Register of Historic Places: No
Point at the Point at question marks above for more details. mark above for more details.
Contact Information

Pete Holladay
TMG, Inc - Virginia Inn Brokers
599 Fox Hunt Road
Glasgow, VA 24555
Email - tmg@virginiainnbroker.com
(540) 463-6688 - Phone #
(434) 981-5680 - Cell #
(540) 463-7122 - Fax #

Listing Type - Realtor
BBOnline.com is not a broker or agent for this property. All of the information displayed has been provided by the owner/innkeeper/realtor.
Photo Gallery
Summerfield Inn - Abingdon, Virginia

Exterior View
Summerfield Inn
Abingdon, Virginia

Spacious and elegant! A gracious, 1920’s era, Colonial Revival brick home with an owner’s quarters addition built in 1985 and a 1995 Carriage House addition.
Photo Gallery
Summerfield Inn - Abingdon, Virginia

Living Room
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The ground level, with 10’ ceilings, features a large entry foyer, a living room with a fireplace, a library/family room with a fireplace, a powder room, a dining room, a sunroom, a guest kitchen, the inn kitchen, and the laundry. The luxurious owner’s quarters is accessed from the kitchen and features 2 bedrooms and baths, a den or office with an outside entrance, and lots of closet space.

The second level, with 9’ ceilings, has 4 comfortable guest rooms and each has a private bath. The third level is a large, finished area with dormer windows on three sides, ideal additional space for the owners, and it could be a studio, a children’s playroom, or an office.

The Carriage House is joined to the main house by a covered breezeway. It has 3 guest rooms with individual temperature controls, a guest kitchen, a laundry, and 10’ ceilings throughout. The Carriage House guest rooms each have a private bath with a whirlpool tub.

All 7 guest rooms have TV’s, private telephones, and a data port for computers. The beautiful, .66+/- acre, corner lot has been professionally landscaped. The driveway and parking area are paved and illuminated, with space for at least 9 vehicles. There is also a one-car garage. The wrap-around porch invites guests to read or relax.

Abingdon is the oldest incorporated town west of the Blue Ridge Mountains. Located along I-81 and near I-77, Abingdon is easily assessable. The Creeper Trail, William King Regional Arts Center, the Virginia Highlands Festival, and the historic Martha Washington Inn are just some of the attractions and events that continue to attract visitors to the area.

$1,100,000 - mostly furnished


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