9533 James Madison Hwy - Hospitality FOR SALE


Warrenton, VA 20187
$1,750,000 USD
703-470-3914
9533 James Madison Hwy, Warrenton, VA for Sale
$1,750,000 USD
Hospitality - FOR SALE
1/7
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9533 James Madison Hwy
Warrenton, VA 20187


OVERVIEW

Amazing opportunity in Warrenton! Well-established Johnson Motel -20 room motel for sale - strategically located right off busy Route 15-29-17. This motel sits on 6.5 acres of prime Real Estate, offering ample space for expansion, diversification, or both! Whether it’s enhancing the existing facilities or exploring alternative development opportunities - this property has amazing potential for it’s new owners. The motel currently has 20 rentable rooms (2 are suites) and a 2 bedroom, 2 bathroom apartment with kitchen for managers, complete with separate laundry room. Plenty of parking and easy entry/exit with a paved asphalt driveway all the way around and you’ll save money with a private well and conventional septic system.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$175 USD /SF

# OF ROOMS

21

PRICE/ROOM

$83,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Johnson Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1970

PARKING SPACES

26

LAND DETAILS

LAND ACRES

6.76 AC

LAND SF

294,466 SF

ZONING

R1

APN/PARCEL ID

6981-26-4558-000

ASK ABOUT THIS PROPERTY

Danny MargoupiseXp RealtyMore Info
703-470-3914

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Danny MargoupiseXp RealtyMore Info
703-470-3914

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