16102 Theme Park Way | Doswell, VA 23047
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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 | Building Size | 44,640 SF |
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1977/2024 |
Building Class | C | Parking Ratio | 7.44/1,000 SF |
Lot Size | 8.08 AC | Corridor | Exterior |
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
Parcel Number | 7883-62-1482 | Improvements Assessment | $2,532,700 |
Land Assessment | $897,800 | Total Assessment | $3,430,500 |
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 |
Learn More About Investing in Hospitality Properties
Listing ID: 28639199
Date on Market: 6/2/2023
Last Updated:
Address: 16102 Theme Park Way, Doswell, VA 23047
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