49-Unit Renovated Limited-Service
For Sale
Contact for pricing
890 Willis Ln, Culpeper, VA 22701
Two-story exterior-corridor hotel with updated guest rooms, refreshed common areas, and continued Choice Hotels franchise potential.
Property SizeContact for details
Lot Size2.76 Acres
Days on Market143
Property Features for 890 Willis Ln
General Information
Standard status
Active
Lot size
2.76 Acres
Property subtype
Hospitality
Zoning
C3
Additional Details
Business Included
Yes
Building Details
Year Built
1987
Stories
2
Abandoned
No
Listing Agency:
Colliers - Richmond, Virginia
(804) 441-7722
Listed By:
Prashant Merchant · License #VA 0225226862
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:57PM
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 Colliers - Richmond, Virginia
Investment Insights
Based on property information with market context.
The property is a 49-unit, two-story limited-service hotel with exterior guest-room access on a 2.76-acre fee-simple parcel. Constructed in 1987, the asset has received extensive improvements since 2016, including updated guest-room furnishings, carpeting, mattresses, beds, and soft goods. Bathroom floor tile and toilets were replaced in 2022, while the lobby was redesigned and a marketplace was added in 2019. New signage is also in place.
Located at the junction of State Route 29 and Madison Road, the hotel benefits from an intersection reporting 20,384 Vehicles Per Day on State Route 29 and 14,862 Vehicles Per Day on Madison Road. The site is 74 miles from Washington DC, 44 miles from Charlottesville, 89 miles from Richmond, and 36 miles from Fredericksburg. Approximately one acre of the 2.76-acre parcel is excess land, with C3 zoning and stated potential for additional hotel development or other uses permitted within the district.
A long-term Choice Hotels franchise agreement may be retained following a minimal change-of-ownership PIP.
Located at the junction of State Route 29 and Madison Road, the hotel benefits from an intersection reporting 20,384 Vehicles Per Day on State Route 29 and 14,862 Vehicles Per Day on Madison Road. The site is 74 miles from Washington DC, 44 miles from Charlottesville, 89 miles from Richmond, and 36 miles from Fredericksburg. Approximately one acre of the 2.76-acre parcel is excess land, with C3 zoning and stated potential for additional hotel development or other uses permitted within the district.
A long-term Choice Hotels franchise agreement may be retained following a minimal change-of-ownership PIP.
Key Highlights
- 49‑unit, two‑story limited‑service hotel with exterior guest‑room corridors
- 2.76‑acre fee‑simple parcel in the C3 zoning district
- Approximately one acre of excess land available for additional development
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 22701, VA
37,411
Population
13,770
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
172.2 sq mi
ZIP Area
217
Density / Sq Mi
$93,910
Median Household Income
$47,492
Median Earnings
$1,386
Median Rent
$376,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story exterior-corridor hotel with updated guest rooms, refreshed common areas, and continued Choice Hotels franchise potential.
Where is this hotel located?
The property is located at 890 Willis Ln Culpeper, VA.
What are key features of this property?
This property features: 49‑unit, two‑story limited‑service hotel with exterior guest‑room corridors; 2.76‑acre fee‑simple parcel in the C3 zoning district; Approximately one acre of excess land available for additional development
