VA
NORTHUMBERLAND
REEDVILLE
22539
18754 NORTHUMBERLAND HIGHWAY
18754 NORTHUMBERLAND HIGHWAY, REEDVILLE, VA 22539
Listing Type
Commercial/Industrial
Listing Status
Off Market
0
$675,000

Home Details for 18754 NORTHUMBERLAND HIGHWAY

Price
$675,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1980
Lot size acres
3.6
County
NORTHUMBERLAND
Garage
Days on site
111
MLS Listing#
VANV2001294
Listing courtesy: KW United - 703-562-1800
Property Description

Prime Investment Opportunity: Upgraded 20-Room Motel in Reedville, VA. 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. 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.

Property Features
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Electric
    • Heat Pump
  • Parking
    • Driveway
    • Parking Lot
  • Water Features
    • Well
  • Utilities
    • Cable Available
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-19 02:50:01
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EXIT REALTY WASHINGTON TOWNSHIP
2A Shoppers Lane, Turnersville, NJ 08012
Sharon Woods
Franchisee
Office
856 352 4045
Agent
215 760 4581
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