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    Newport News, VA
    Hospitality
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    Newport News, VA Hospitality Properties for Sale

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    Jefferson Avenue Commercial Site
    Updated: Nov 10, 2024
    Jefferson Avenue Commercial Site

    10614 Jefferson Ave, Newport News, VA 23601

    Contact for pricing
    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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    Best Western Plus Hospitality Property
    Updated: Apr 10
    Best Western Plus Hospitality Property

    500 Operations Drive, Newport News, VA 23606

    Contact for pricing
    Best Western Plus hospitality property at 500 Operations Drive
    1 mile from Newport News Airport
    Across from Patrick Henry Mall
    12 mi from Busch Gardens and the Historic Triangle
    Demand sources include military, tourism, transient, and corporate segments
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Newport News, VA, we suggest exploring several alternatives: 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.

    View details
    Five-Suite Bed And Breakfast
    Five-Suite Bed And Breakfast

    220 Church Street, Yorktown, VA 23690

    $1,100,000
    4,402 sqft

    Colonial-style hospitality property with private guest entries and dedicated on-site owner accommodations.

    View details
    Wyndham Garden Hotel Project
    Wyndham Garden Hotel Project

    201 Water Country Pkwy, Williamsburg, VA 23185

    Contact for pricing

    Dual-branded hospitality development associated with Wyndham Garden and Hawthorne Suites in Williamsburg, Virginia.

    View details
    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.

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    Demographics Overview

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

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Newport News city

    Office

    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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    Most Searched ZIP Codes in Newport News, VA

    • 23601
    • 23606

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