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Camyell Pratt

cpratt0714@yahoo.com +1(540) 840-8211

$ 565,000

Est. payment -/mo

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Price Dropped by $110K

18754 NORTHUMBERLAND HWY Reedville, VA 22539

7,804 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,804 sqft

Price per Sqft $72

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 Sub-Type Other

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, 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.

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

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

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard

Listed by Theodore Daubresse • KW United

Camyell Pratt

Agent | License ID: 0225250080

+1(540) 840-8211

Camyell Pratt

18754 NORTHUMBERLAND HWY Reedville, VA 22539

Key Details

Location

Interior

Exterior

Building

Schools

Others

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18754 NORTHUMBERLAND HWY