$1,600,000
Bristol, VA 24202
MLS# 9919983
Status: Closed
22680 sqft
1 / 17
Property Description
This 60 unit hotel could be restored to it's original use or converted into studio apartments. 12 of the units have been remodeled and the others are cleaned out, painted and ready to be re-done. It is 10 minutes from the soon to be Hard Rock Casino and 25 minutes from Bristol Motor Speedway. This hotel is the former Red Carpet Inn. ** Buyer or buyer's agent to verify all information.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 143a4 A 7 029213
City Taxes: 0
County Taxes: 4829.58
Contract Info
List Price/SqFt: 79.37
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 1800000
Current Price: $1,600,000
Listing Date: 2021-03-23
General Property Description
Acres: 2.92
Lot Size: 127,195
Zoning: 127,195
Stories: 1962
Total SqFt Finished: 22680
Total SqFt Unfinished: 0
Annual Lease $: 0
Year Built: 1962
Total SqFt: 22680
Remarks & Misc
Directions: Follow I-81 N, exit 10 from I-81 N
Drive to US-11 N/US-19 N
Property Condition
Below Average: 1
Business Type
Hotel/Motel: 1
Exterior Finish
Block: 1
Brick: 1
Other Equipment
None: 1
Roof
Metal: 1
Rubber: 1
Road Access
Highway: 1
Electric Service
220 Volts: 1
Development Status
Infrastructure In: 1
Heating
Electric: 1
Info Available
See Remarks: 1
AC
See Remarks: 1
Water
Public: 1
Sewer
Septic Tank: 1
Restrictions
Other: 1
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
Other: 1
Location Tax Legal Info
Street #: 15589
Street Name: Lee
St Suffix: Highway
County: Washington
State/Province: VA
Zip Code: 24202
Area: 101 - Bristol VA (City)
Status Change Info
Date Pending: 2021-08-04
Sold Date: 2022-01-04
Sold Price: $1,600,000
Property Features
Property Condition: Below Average
Business Type: Hotel/Motel
Exterior Finish: Block; Brick
Other Equipment: None
Roof: Metal; Rubber
Electric Service: 220 Volts
Development Status: Infrastructure In
AC: See Remarks
Water: Public
Sewer: Septic Tank
Road Access: Highway
Info Available: See Remarks
Restrictions: Other; See Remarks
Financing: Cash; Conventional
Sale Includes: Other
Listing Office: The Addington Agency Bristol
Last Updated: May - 30 - 2025
Information deemed reliable but not guaranteed.