Hospitality

Newport News, VA Hospitality Properties for Sale

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62-Key Hotel
Updated: Oct 24
62-Key Hotel

945 J Clyde Morris Blvd, Newport News, VA 23601

$3,100,000
40,000 sqft 1.40 AC lot
62‑key hotel on ±1.40 acres
Approximately 40,000 SF across three stories
65 surface parking spaces
Built in 1987
Occupancy available December 1, 2026
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Jefferson Avenue Commercial Site
Updated: Mar 26
Jefferson Avenue Commercial Site

10614 Jefferson Ave, Newport News, VA 23601

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2.59 AC lot
High traffic location: 45,000 vehicles per day (VPD) on Jefferson Ave.
Large 2.59‑acre site with 400’ of frontage.
Signalized corner location.
Wide range of permitted commercial uses by right (retail, office, medical, education, hotel/motel).
Additional uses allowed with a conditional use permit.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: Hospitality for sale in Newport News, VA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bed and Breakfast with Guest Suites
Bed and Breakfast with Guest Suites

220 Church Street, Yorktown, VA 23690

$1,100,000
4,402 sqft 0.50 AC lot

Five ensuite accommodations include kitchens, private entrances, and individual climate control, alongside comfortable owner living quarters.

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5-Suite Bed and Breakfast
5-Suite Bed and Breakfast

220 Church Street, Yorktown, VA 23690

$1,100,000
4,402 sqft

Guest spaces include private baths, individual climate control, and kitchen options in select suites.

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10-Room Bed and Breakfast Inn
10-Room Bed and Breakfast Inn

616 Jamestown Rd, Williamsburg, VA 23185

Contact for pricing
0.95 AC lot

Brick Colonial-style lodging property with guest suites, a detached cottage, and event space near Williamsburg’s major visitor destinations.

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Resort Property with Pool
Resort Property with Pool

220 House of Burgesses Way, Williamsburg, VA 23185

Contact for pricing

Multi-building hospitality asset with private kitchens, outdoor unit spaces, parking, and recreational amenities.

View details

Newport News, VA Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Newport News, VA on our real estate platform. These investment opportunities span a total of 40,000 square feet of properties for sale, with an estimated market value of $3,100,000.

Sale prices for hospitality properties in Newport News, VA average $3,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 188K
Population Growth (5Y) -3.4%
Median Household Income $66,006
College Educated 28.1%

High-Yield Neighborhoods for Investment

Identify Newport News submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23601 $3.1M

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $18.38 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Newport News city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Newport News fall within the 100,000+ square foot range.

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