26369 Lankford Hwy Cape Charles, VA 23310

This exceptional 10,745 square foot retail property, situated on a generous 8.329-acre lot in Cape Charles, Virginia, presents a unique investment opportunity. Originally a beloved motor court motel, established in 1952, the property boasts 22 guest rooms, two suites, and a large apartment, offering significant potential for redevelopment or repurposing. The central office includes a sleeping room, and additional buildings include a laundry facility and storage shed. The property features 11 parking spaces and over 800 feet of highway frontage on US Route 13, ensuring high visibility and convenient access. Located in the Virginia Enterprise Zone, this property is eligible for economic development incentives, making it an attractive proposition for investors seeking to capitalize on its prime location and considerable expansion potential. The existing structure, with its vintage motor court design and individual room parking, retains its historical charm, while the central Rinnai hot water and PTAC HVAC units provide modern amenities. The property is zoned for commercial use and offers a rare blend of history, location, and development potential. This is a truly remarkable opportunity to acquire a substantial property in a desirable location.