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Investment Highlights

  • Multiple Revenue Streams ~ Boutique Inn, Restaurant, Event Space, Wedding Venue, Air b and B rental,
  • 6 acres along Marl Creek and South River.
  • Opportunities for lodging income, food and beverage operations, private events, retreats, and full-property rentals

Executive Summary

Rare opportunity to own Osceola Mill, a one-of-a-kind historic hospitality property in the Shenandoah Valley. Originally built in 1849, this iconic grist
mill has been thoughtfully restored into a boutique retreat on approximately 6 scenic acres along Marl Creek and the South River. The property features four unique
guest suites in the Mill House plus the detached McCormick Cabin with private creekside lodging. Inviting common areas include gathering rooms, dining space, kitchen,porches, and outdoor firepit areas. Guests love the exposed beams, original character, handcrafted details, and peaceful natural setting. Ideal for continued use as an income-producing inn, event venue, retreat space, private family compound, or unique residence. Conveniently located near Staunton, Lexington, hiking, wineries, and all the recreation of the Shenandoah Valley. A truly special offering where history, charm, and opportunity come together. Exciting new approvals add tremendous future potential to this already iconic Shenandoah Valley destination. Rockbridge County has approved rezoning to A-2 along with a Special Exception Permit allowing continued resort/lodge operations on the 6.12-acre property at 352 Tye River Turnpike. Approvals
include the future development of five detached one-story guest cabins plus a new paved off-street parking area with approximately 26 spaces, creating an incredible opportunity to expand lodging capacity and guest experience. Existing rental units are approved for short-term rental use. County approvals also support continued operation consistent with the property's established hospitality use while preserving its rural charm and historic character. Additional permitting for building, VDOT access, and related site improvements will apply. Rare chance to acquire a beloved landmark with valuable entitlements already in place, making future growth more attainable for the next owner.

Attachments

SpecialException

Property Facts

Price $1,092,990 CAD
Price Per Room $182,165 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class B
Lot Size 6.12 AC
Building Size 3,750 SF
No. Rooms 6
No. Stories 2
Year Built/Renovated 1849/2024
Parking Ratio 1.07/1,000 SF
Corridor Interior
Zoning A-2

Amenities

  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 $243.34 CAD -
Guest Room 5 $181.48 CAD -
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
41 A 5A
Land Assessment
$125,110 CAD
Improvements Assessment
$641,633 CAD
Total Assessment
$766,743 CAD
  • Listing ID: 40582075

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: 352 Tye River Tpke, Vesuvius, VA 24483

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