Building Details

Year Built 1972

Year Renovated 2024

Stories 6

Listing Agency: Marcus & Millichap - Charlotte Uptown

Listed By: Chase Dewese · License #0225276010

Source: Crexi

Added: Jul 28 Changed: Aug 9 Last Checked: Aug 10 at 3:00PM

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Investment Insights

Based on property information with market context.

The Marjac Suites is a hotel property located at 2201 Atlantic Avenue in Virginia Beach, Virginia. The asset was constructed in 1972 and carries an established hospitality identity through its existing name.

Key Highlights

• Established hotel property at 2201 Atlantic Avenue
• Constructed in 1972
• Located in Virginia Beach, VA

Property Analytics

Current Use

Marjac Suites Hotel & Motel

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Electrical Service Building Supply HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Hotel - Hotel property positioned on Atlantic Avenue in Virginia Beach.

Where is this hotel located?

The property is located at 2201 Atlantic Avenue Virginia Beach, VA.

What are key features of this property?

This property features: Established hotel property at 2201 Atlantic Avenue; Constructed in 1972; Located in Virginia Beach, VA