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Bay Motel 18754 Northumberland Hwy

20 Room Hotel Reedville, VA 22539 £534,823 (£26,741/Room)

Executive Summary

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.

Attachments

THE BAY MOTEL OM

Property Facts Under Contract

Price £534,823
Price Per Room £26,741
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.62 AC
Building Size 10,000 SF
No. Rooms 20
Number of Floors 1
Year Built/Renovated 1970/2014
Corridor Exterior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 20 £46.75 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-0-1-0-9-E
Land Assessment
£154,901
Improvements Assessment
£234,530
Total Assessment
£389,430

zoning

Zoning Code C
C
  • Listing ID: 33058123

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 18754 Northumberland Hwy, Reedville, VA 22539

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