UPDATED:
11/19/2024 04:01 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,804 sqft
Price per Sqft $86
Subdivision Part Of Poplar Farm
MLS Listing ID VANV2001294
Originating Board BRIGHT
Year Built 1980
Annual Tax Amount $3,305
Tax Year 2019
Lot Size 3.600 Acres
Acres 3.6
Property Description
poised to capitalize on increased visitor traffic and local demand. The closest lodging option between Heathsville and Reedville, serving a wide range of guests including construction crews, fishing groups, visitors to Reedville and Tangier Island, and locals seeking nearby accommodations. Regular guests include fishing charters, family reunion attendees, homebuilders, and campers during inclement weather, ensuring a steady stream of business throughout the year. The property has undergone significant updates to enhance guest comfort and operational efficiency, including: Building Improvements: New water filtration system and tankless water heaters (2024), new roof and well pump (2023), and upgraded washer and dryer (2023). All 20 rooms have been upgraded with new flooring (tile or carpet), fresh paint, new vanities, and new PTAC (HVAC) units in 8 rooms. Each room is fully equipped with a TV, desk, microwave, mini refrigerator, vanity, lounging chair, and free Wi-Fi with DirecTV.
The nearest alternative lodging options are over 19 miles away, giving this motel a unique advantage in attracting guests visiting Reedville and surrounding areas. Just minutes from the Reedville ferry terminal, Buzzard Point Marina, and local attractions, this motel is ideally situated to capture business from both short-term visitors and extended stays.
This motel offers a solid investment with growth potential, thanks to its upgraded facilities, strategic location, and diverse guest base. Whether you’re looking to expand your hospitality portfolio or enter the
lodging industry, this property is a must-see.
Location
State VA
County Northumberland
Zoning B1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Tile/Brick, Carpet
Heat Source Electric
Exterior
Garage Spaces 25.0
Utilities Available Cable TV Available, Multiple Phone Lines
Waterfront N
Water Access N
Roof Type Asphalt
Street Surface Access - On Grade,Black Top,US Highway/Interstate
Accessibility None
Road Frontage City/County
Total Parking Spaces 25
Garage N
Building
Foundation Slab
Sewer Septic Exists
Water Well
New Construction N
Schools
School District Northumberland County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Security Features Desk in Lobby,Resident Manager
Acceptable Financing Cash, Conventional, Negotiable, Seller Financing
Listing Terms Cash, Conventional, Negotiable, Seller Financing
Financing Cash,Conventional,Negotiable,Seller Financing
Special Listing Condition Standard
