Commercial Land for Sale in Reedville, Virginia

18754 Northumberland Hwy Reedville, VA 22539

Images
Map
Street
1 / 53
$675,000
3.6 acres
pending saleUnder contract

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.

Sq feet
1980
Built

Location

Street Address
18754 Northumberland Hwy
Community
Part of Poplar Farm
Elevation
13 feet
Coordinates
37.8622, -76.2923

Property details

MLS Number
TREND VANV2001294
Date Posted

Property taxes

Recent
$3,305

This 3.6-acre property is located at 18754 Northumberland Hwy in Reedville, VA 22539 with latitude 37.8622 and longitude -76.2923. The property is currently pending sale for $675,000. It has a structure built in 1980. Listing data is sourced from Bright MLS # VANV2001294.

Verify sale details at the property source or contact KW United at (703) 562-1800.

Report listing issue

Copyright (C) 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.
Contact agent