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18754 Northumberland Hwy Reedville, VA 22539

For Sale
$675,000

20-Room Motel, 3.6 Acres, Turnkey

Property size:
156,816 SF

Description

Added:
Feb 3, 2025
Days on Market:
311
Exceptional investment opportunity: a 20-room motel in Reedville, VA, boasting a manager's suite and situated on a 3.6-acre B1-zoned lot. An adjacent 2.198-acre parcel is included. This turnkey operation benefits from its prime location near the proposed Chesapeake Bay ferry, ensuring high occupancy rates. The motel caters to a diverse clientele, including fishing groups, construction crews, tourists visiting Reedville and Tangier Island, and local residents. Recent upgrades include a new water filtration system and tankless water heaters (2024), a new roof and well pump (2023), and a new washer and dryer (2023). All 20 rooms feature new flooring, fresh paint, updated vanities, and eight rooms have new PTAC (HVAC) units. Each room is equipped with a TV, desk, microwave, mini-refrigerator, vanity, lounging chair, and free Wi-Fi with DirecTV. With the nearest lodging options over 19 miles away, this motel enjoys a significant competitive advantage. Its proximity to the Reedville ferry terminal, Buzzard Point Marina, and local attractions further enhances its appeal. This property presents a strong investment with considerable growth potential due to its upgraded amenities, strategic location, and consistent guest base. The motel's 156,816 square feet offers ample space for guests and operations. This is a rare opportunity to acquire a well-maintained and profitable hospitality business in a thriving area.

Property Features for 18754 Northumberland Hwy

General Information

Property type
Other commercial real estate
Square Feet
156,816 SF
Lot Size
156,816 SF

Building Details

Year Built
1980

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bay Motel Motel

Suggested Use

Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Reedville
County
NORTHUMBERLAND
State
Virginia
Longitude
-76.29171
Latitude
37.86245

FAQs

What type of property is this?
Commercial real estate - 20-Room Motel, 3.6 Acres, Turnkey
Where is this commercial real estate located?
The property is located at 18754 Northumberland Hwy Reedville, VA.
What is the asking price?
The asking price for this property is $675,000.
More about this property
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