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16102 Theme Park Way
Doswell, VA 23047

Hotel Rebranding Opportunity | Kings Dominion · Hospitality Property For Sale · 44,640 SF

Investment Highlights

  • Fee simple interest in the 248-room, two-story, non-operational, exterior corridor hotel directly off Interstate 95 (~110,611 vehicles per day).
  • Potential to reposition as a dual-branded limited/select-service & extended stay hotel combination.
  • Ideal position between Fredericksburg, VA & Richmond, VA - two major demand drivers with numerous universities, medical campuses, and more.
  • Located on 10.5 acres with immediate proximity to Kings Dominion (closest hotel to entrance).
  • Additional sources of potential income include a restaurant lease, arcade bar, and lounge.
  • Kings Dominion, a famous Virginia amusement and water park, brings in over 1 million guests annually.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 8.08 AC
Building Size 44,640 SF
No. Stories 2
Year Built/Renovated 1977/2024
Parking Ratio 7.44/1,000 SF
Corridor Exterior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7883-62-1482
Land Assessment
$897,800
Improvements Assessment
$2,532,700
Total Assessment
$3,430,500

zoning

Zoning Code B-3
B-3
  • Listing ID: 28639199

  • Date on Market: 6/2/2023

  • Last Updated:

  • Address: 16102 Theme Park Way, Doswell, VA 23047

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