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605 E 5th Street
Damascus VA 24236 US

$375,000

Active Listing ID 10001332
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1,200 square feet
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5.00 Bath (5 Full)
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Lot: 0.08 Acres
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Other

$375,000

Active Listing ID 10001332
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605 E 5th Street Exceptional opportunity to own a turnkey lodging business in the heart of downtown Damascus, directly along the Appalachian Trail. The Stone Lion Hostel is fully equipped and positioned to serve the steady stream of hikers, cyclists, outdoor enthusiasts, and budget-minded travelers drawn to this beloved trail town. Accommodating up to 22 guests, the hostel features 10 XL twin sleeping cubicles, 12 full-size sleeping cubicles, 4.5 baths and two full-size stackable laundry machines. Fixtures, furnishings and equipment are included, offering a streamlined transition for a new owner. Known as ''Trail Town USA, '' Damascus is a celebrated destination for outdoor recreation, with the Appalachian Trail passing directly through town and the Virginia Creeper Trail within walking distance of the Hostel. Guests also enjoy convenient access to the Iron Mountain Trail, Mount Rogers National Recreation Area, Grayson Highlands, Whitetop Mountain, Backbone Rock and Cherokee National Forest. Additionally, the Upper section of the Virginia Creeper Trail between Damascus and Whitetop is scheduled to reopen in the spring of 2027, creating renewed access to the popular 34-mile trail. The current owners made a number of modifications and improvements to the structure including privacy fencing, a covered outdoor deck, four bathrooms, laundry facilities, a kitchenette, and 28 solar panels. Additionally, the business is fully licensed with an established website and a positive online presence through reviews on sites such as Far Out and Google. More than simply real estate, The Stone Lion Hostel offers the opportunity to acquire an established, turnkey hostel in a town which consistently ranks as a top adventure destination for outdoor enthusiasts!

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Window Unit(s), Heat Pump
  • Floor Covering: Concrete
  • Roof Type: Metal
  • Heating Fuels: Heat Pump (Heating)

School Information

  • School
  • Rhea Valley(Elementary)
  • Damascus(MiddleSchool)
  • Holston(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 375000
  • unparsedaddress: 605 E 5th Street
  • postalcity: Damascus
  • stateorprovince: VA
  • country: US
  • postalcode: 24236
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 1200
  • livingareaunits: Square Feet
  • latitude: 36.8717
  • longitude: -82.779491
  • listagentfullname: Cynthia Routon
  • listagentemail: cynthiaroutonrealtor@gmail.com
  • listagentkey: 3yd-TVARMLS-33760
  • listagentmlsid: 33760
  • listagentpreferredphone: 6155740773
  • listagentofficephone: 6155740773
  • listofficekey: 3yd-TVARMLS-1267
  • listagentstatelicense: 0225243322
  • listofficemlsid: 1267
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 2011
  • listingcontractdate: 2026-09-24
  • countyorparish: Washington
  • parcelnumber: 172b2 A 181
  • elementaryschool: Rhea Valley
  • highschool: Holston
  • appliances: Dryer, Microwave, Refrigerator, Washer
  • cooling: Window Unit(s), Heat Pump
  • constructionmaterials: Metal Siding
  • flooring: Concrete
  • heating: Heat Pump (Heating)
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.77949, 36.8717
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Holston Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cynthiaroutonrealtor@gmail.com", "ListBrokerageCity":"Bristol", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Holston Realty, Inc.", "ListBrokeragePhone":"(423) 793-8109", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":"Suite 11", "ListBrokerageUnparsedAddress":"1135 Volunteer Pkwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1135 Volunteer Pkwy Suite 7/8", "ListOfficeAddress2":"Suite 11", "ListOfficeBrokerMlsId":"1267", "ListOfficeCity":"Bristol", "ListOfficeCountry":"US", "ListOfficeEmail":"HolstonRealty@gmail.com", "ListOfficePostalCode":"37620", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family, Damascus, VA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/605-E-5th-St_Damascus_VA_24236_M94161-59228?f=listhub&s=TVARMLS&m=10001332&c=rexren", "MLSModificationTimestamp":"2026-09-24 19:57:55", "Neighborhoods":[{"Description":null, "Name":"Not In Subdivision"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":331, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/24/2026 8:08:10 PM GMT
Source Updated Date: 9/28/2026 6:58:27 PM GMT

Courtesy of: Cynthia Routon, Holston Realty, Inc., cynthiaroutonrealtor@gmail.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.