Oceanfront 60-Unit
New
For Sale
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2201 Atlantic Ave, Virginia Beach, VA 23451
Oceanfront 60-unit hotel along Virginia Beach Oceanfront with walkable access to the beach, Boardwalk, and local dining.
Days on Market2
Property Features for 2201 Atlantic Ave
General Information
Standard status
Active
Property subtype
Hotel-Motel
Amenities
Rare opportunity to acquire Oceanfront real in the heart of Virginia Beach
Steps from the Boardwalk, dining, nightlife, and attractions
Current ownership completed over $1M of capital improvements from 2022-2024
Positioned within a market welcoming 14.3 million visitors each year
Strategically located in the nation's largest concentration of military personnel
Building Details
Year Built
1972
Listing Agency:
(843) 952-2253
Listed By:
Jack Davis · License #License(s): SC: 92795, NC: LC896
(843) 952-2253
Source:
Marcusmillichap
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 7:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack Davis
Investment Insights
Based on property information with market context.
Offered for sale is the MarjacSuites, a 60-unit oceanfront hospitality property positioned along the Virginia Beach Oceanfront. The asset’s configuration supports guest access to nearby coastal and entertainment destinations, with walkable proximity described to the beach and Boardwalk, as well as restaurants, nightlife, retail, and entertainment venues.
Located at 2201 Atlantic Ave, Virginia Beach, VA 23451, the property is within Virginia Beach’s premier tourism district. The remarks cite 14.3 million visitors in 2024 and $3.9 billion in tourism-related economic impact, with demand supported by a mix that includes leisure, convention, sports, military, and corporate activity.
Built in 1972, the property offers a hospitality platform in a high-visibility oceanfront market where year-round visitation is described as benefiting from major local draw points, including the Virginia Beach Convention Center and nationally recognized sporting events.
Located at 2201 Atlantic Ave, Virginia Beach, VA 23451, the property is within Virginia Beach’s premier tourism district. The remarks cite 14.3 million visitors in 2024 and $3.9 billion in tourism-related economic impact, with demand supported by a mix that includes leisure, convention, sports, military, and corporate activity.
Built in 1972, the property offers a hospitality platform in a high-visibility oceanfront market where year-round visitation is described as benefiting from major local draw points, including the Virginia Beach Convention Center and nationally recognized sporting events.
Key Highlights
- 60‑unit oceanfront hospitality property along the Virginia Beach Oceanfront
- Walkable access to the beach and Boardwalk, plus nearby restaurants, nightlife, retail, and entertainment
- 2201 Atlantic Ave, Virginia Beach, VA 23451
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,540
Businesses Nearby
Explore this area
Business Placement
Demographics for 23451, VA
44,879
Population
24,897
Households
1.8
Avg Household Size
41
Median Age
57%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,267
Density / Sq Mi
$97,945
Median Household Income
$57,472
Median Earnings
$1,697
Median Rent
$591,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Oceanfront 60-unit hotel along Virginia Beach Oceanfront with walkable access to the beach, Boardwalk, and local dining.
Where is this hotel located?
The property is located at 2201 Atlantic Ave Virginia Beach, VA.
What are key features of this property?
This property features: 60‑unit oceanfront hospitality property along the Virginia Beach Oceanfront; Walkable access to the beach and Boardwalk, plus nearby restaurants, nightlife, retail, and entertainment; 2201 Atlantic Ave, Virginia Beach, VA 23451