18754 Northumberland Hwy - Hospitality FOR SALE


Reedville, VA 22539
$675,000 USD
610-520-0100
18754 Northumberland Hwy, Reedville, VA for Sale
$675,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

18754 Northumberland Hwy
Reedville, VA 22539


OVERVIEW

This turnkey 20-room motel, along with a manager’s suite, is situated on 3.65 acres of B1 zoned land, with adjacent 2.198 Acres parcel included in sale, offering a rare investment opportunity in the growing Reedville, VA area. Positioned near the proposed Chesapeake Bay ferry route connecting Reedville to Crisfield, MD, this property is poised to capitalize on increased visitor traffic and local demand.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$68 USD /SF

# OF ROOMS

20

PRICE/ROOM

$33,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bay Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.62 AC

LAND SF

157,687 SF

ZONING

C

APN/PARCEL ID

38-0-1-0-9-E

ASK ABOUT THIS PROPERTY

McCann KW AdminMcCann CommercialMore Info
610-520-0100

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McCann KW AdminMcCann CommercialMore Info
610-520-0100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.