314 Jefferson AVE, Clifton Forge, VA 24422
$435,000
Property Type:
Commercial
Baths:
4.5
Status:
Active
Current Price:
$435,000
List Date:
10/09/2025
Last Modified:
10/15/2025
Description
A RARE OPPORTUNITY to own a SUCCESSFULL & WELL-LOVED Boutique Inn in the Heart of Historic Downtown Clifton Forge! The Red Lantern Inn is a BEAUTIFULLY Restored 100+year property featuring 7 Guest Rooms, 4.5 Baths, Welcoming Common Areas and Turn-Key Business appeal! Perfectly Situated near the C & O Railway Heritage Center, Historic Masonic Theatre, shops, dining & outdoor recreation at Douthat State park & the Cowpasture & Jackson River! With a STRONG REPUTATION, Repeat Clientele, and Endless Possibilities -continue its use as a Profitable Inn, create a Boutique Lodging Experience, or enjoy as a UNIQUE RESIDENCE/ B & B with guest Suites! An Established Business & Lifestyle Opportunity in Virginia's scenic Alleghany Highlands!
More Information MLS# 921747
General Property Description
Lot Dimensions: 75' x 75'
Construction Status: Completed
Road Frontage: 75
Flood Area: No
On site Parking: Yes
Basement Y/N: Yes
Parking Spaces: 8
Water Class: N/A
Gross Building SqFt: 3852
Lease Available: No
Year Built: 1922
Total Bths: 4.5
Location, Tax & Legal
Major Area: 27 - Alleghany County
Subdivision Map: N/A
Legal: OTN 1/2 of 6-7
Tax ID: 12300-01-007-0060
Annual Taxes: 1433
Zoning Code: Business
Area: 2700 - Alleghany County
Street Number: 314
Street Name: Jefferson
Street Suffix: AVE
State/Province: VA
Zip Code: 24422
Municipality: Alleghany County
Remarks & Misc
Directions: From Main Street to Jefferson Ave.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Vinyl: 1
Commercial Type
Investment: 1
Views
City: 1
Mountain(s): 1
Business Type
Type of Business (Historical Field): Boutique Inn
Sale Includes
Building & Land: 1
Heating
Heat Pump: 1
Miscellaneous Info
Inventory Included: Yes
Electric Description: 3 phase commercial
Cooling
Heat Pump: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Roof System
Metal: 1
Levels
Two: 1
Internet Access
Fiber: 1
Floors
Wood: 1
Contract Information
Current Price: $435,000
List Price: $435,000
List Date: 2025-10-09
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment
Sale Includes: Building & Land
Construction: Brick; Vinyl
Roof System: Metal
Levels: Two
Heating: Heat Pump
Cooling: Heat Pump
Floors: Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Internet Access: Fiber
Views: Mountain(s)
Listing Office:
HIGHLANDS REALTY & ASSOCIATES LLC
Last Updated: October - 15 - 2025
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