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Partially Built Hotel Development Site
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341 Gateway Drive, Winchester, VA 22602

Partially constructed, level development land on 4.37 improved acres zoned B2, with plans for two hotels and a conference center.

Property SizeContact for details
Lot Size4.37 Acres
Days on Market124

Property Features for 341 Gateway Drive

General Information

Standard status Active
Lot size 4.37 Acres
Property subtype Land
Zoning B2

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: SVN | Commercial Specialists
Listed By: Jim Guisewhite · License #VA 0225 181417
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 5:25AM

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 SVN | Commercial Specialists

Investment Insights

Based on property information with market context.

This partially constructed hotel development site sits on 4.37 improved acres of level land and is zoned B2 Commercial. The seller has an existing site plan for two hotels with 79 rooms each, along with an 8,276-square-foot conference center. Plans are available from the previous builder, and the site plan may be used as-is or revised. The property is offered “as-is” with a clean title for immediate sale, and prior owner investment includes over $4M into land and improvements.

The site is adjacent to the Winchester Gateway Shopping Center, a regional center anchored by Martins Grocery and Petco, and also includes a shadow-anchored center with Tractor Supply, Dollar Tree, and Goodyear Tire, along with an existing Towneplace Suites by Marriott. Located at I-81 Exit #315 on Rt. #7, the property is described as highly visible with I-81 frontage.

The site is positioned for development using the available two-hotel concept, with infrastructure already in place that should be reviewed by the engineer prior to proceeding.

Key Highlights

  • Partially constructed hotel development site on 4.37 improved acres, zoned B2 Commercial
  • Site plan available for two hotels with 79 rooms each plus an 8,276 SF conference center
  • Highly visible location with I‑81 frontage at Exit #315 and Rt. #7

Property Analytics

Current Use

Extra Space Storage Storage Facility

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Parts Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby

Demographics for 22602, VA

30,865
Population
11,716
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
88%
High-School Grad
113.5 sq mi
ZIP Area
272
Density / Sq Mi
$99,534
Median Household Income
$49,199
Median Earnings
$1,367
Median Rent
$351,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Partially constructed, level development land on 4.37 improved acres zoned B2, with plans for two hotels and a conference center.
Where is this hotel located?
The property is located at 341 Gateway Drive Winchester, VA.
What are key features of this property?
This property features: Partially constructed hotel development site on 4.37 improved acres, zoned B2 Commercial; Site plan available for two hotels with 79 rooms each plus an 8,276 SF conference center; Highly visible location with I‑81 frontage at Exit #315 and Rt. #7
(540) 535-0808 Call to check price and availability
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