TUGGLE'S GAP ROADSIDE INN - LANDMARK MOTEL, RESTAURANT, RETAIL PROPERTY

For Sale

3351 Parkway Ln S, Floyd, VA 24091

This Floyd property for sale is located at 3351 Parkway Ln S. The current listed sale price for TUGGLE'S GAP ROADSIDE INN - LANDMARK MOTEL, RESTAURANT, RETAIL PROPERTY is $639,000. TUGGLE'S GAP ROADSIDE INN - LANDMARK MOTEL, RESTAURANT, RETAIL PROPERTY is situated on a lot that is 2.36 acre in size.

Contacts

broker
Chase Hoover

Cottonwood Commercial

Property Details

  • Property Type Other
  • Property Size 6,679 SF
  • Lot Size 2.36 Acre
  • Year Built 1930
  • Date Updated Aug 12, 2025
Nestled in the picturesque town of Floyd, this property offers an idyllic setting for office or office building investment. Surrounded by the natural beauty of the Blue Ridge Mountains, the area is known for its vibrant arts scene, eclectic shops, and renowned local cuisine. Enjoy the community's rich cultural heritage at the Floyd Country Store, and explore the nearby Chateau Morrisette Winery for a taste of Virginia's wine country. Outdoor enthusiasts can take advantage of the nearby Buffalo Mountain Natural Area Preserve and the serene views along the Blue Ridge Parkway. Invest in the allure of this charming location, where work-life balance thrives amidst a backdrop of unparalleled tranquility and creativity.Tuggle’s Gap Roadside Inn is a fully renovated, turn-key boutique motel, restaurant, and retail property on 2.36 scenic acres off the Blue Ridge Parkway in Floyd, VA. Originally opened in 1938, this landmark includes 10 updated guest rooms with private baths, smart locks, WiFi, and Smart TVs. A fully equipped commercial kitchen, indoor/outdoor dining, retail gift shop, fuel pumps, laundry facilities, and outdoor amphitheater with stage offer diverse revenue potential. Conveys with all furnishings, restaurant equipment, and brand assets including website and social media. ~$110K annual lodging revenue with plenty of room to grow. Restaurant and fuel operations are paused but easily reopened. Fiber internet and modern digital systems allow for streamlined operations. Perfect for an owner/operator or investor seeking an income-producing hospitality property with historic charm and expansion potential.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 6/100

    Walk Score ®

Powered by Walk Score ®

Location

  • City Floyd, VA
  • Zip Code 24091

Points of Interest

  • West End Market

    4.81 miles

  • Exxon

    5.01 miles

  • Willis Village Mart

    9.06 miles

  • Marathon

    9.44 miles

  • The Saddle Overlook

    1.62 miles

  • Rock Castle Gorge Viewpoint

    2.34 miles

  • School Bus Parking Area

    5.11 miles

  • Slate Mountain Church

    5.78 miles

  • Buffalo Mountain Trailhead Parking

    8.65 miles

  • Hotel Floyd

    4.91 miles

  • Slaughters' Supermarket

    4.90 miles

  • Food Lion

    5.00 miles

  • Harvest Moon Food Store

    5.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chase Hoover

Cottonwood Commercial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.