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1024 Winchester Ave Martinsburg, WV 25401

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For Sale
$1,800,000

Well-established, 19-room motel with low vacancy in Martinsburg, WV.

Lot size:
1.00 Acre

Property Features for 1024 Winchester Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
1.00 Acre

Building Details

Year built
1964

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Listing Contact
Diva L Bunting
Diva L Bunting
Source: Elliman

Listing Agency: TOUCHSTONE REALTY, LLC Listing Agent: Diva L Bunting

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Profitable Turnkey Motel Investment Opportunity

This is a turnkey, 19-room motel investment opportunity located in Martinsburg, WV. The Heritage Inn features a low vacancy rate of less than 2%, offering stable cash flow. The property includes a mix of room types to accommodate various guest needs, including 3 King-bed rooms, 10 Double-bed rooms, and 6 Single-bed rooms. There are 20 dedicated parking spaces. The motel sits on two adjoining lots, with a gated entry to the rear lot providing additional space for storage or future development. Operational efficiency is ensured with a fully equipped laundry room, an on-site apartment for the owner or property manager, a manager's office, and secure after-hours guest check-in. The property also features two new tankless water heaters for low-maintenance, energy-efficient service, a new roof installed less than a year ago, and coin-operated washers and dryers for guests. This motel is ideal for investors seeking a reliable income-producing asset or a 1031 exchange opportunity.
Location Intelligence

Current Use by Public Records

Heritage Inn Hotel & Motel

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Similar Places Nearby

Hampton Inn Martinsburg, Hilton Garden Inn Martinsburg, Tru by Hilton Martinsburg, Heritage Inn, Economy Inn

Location Insight

  • Map
  • Local Demand
City
Martinsburg
County
Berkeley
State
West Virginia
Longitude
-77.981135
Latitude
39.443547

FAQs

What type of property is this?
Motel - Well-established, 19-room motel with low vacancy in Martinsburg, WV.
Where is this motel located?
The property is located at 1024 Winchester Ave Martinsburg, WV.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Remarkably low vacancy rate of less than 2% ensuring immediate and stable cash flow.; - Turnkey operation, ideal for investors seeking a reliable income-producing asset or a 1031 exchange.; - Strategic location in the heart of Martinsburg, WV, a high-demand area with strong year-round occupancy.
More about this property
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