Bay Motel | 18754 Northumberland Hwy
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Bay Motel 18754 Northumberland Hwy
20 Room Hotel Reedville, VA 22539 $675,000 ($33,750/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.
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.
Property Facts Under Contract
| Price | $675,000 | Lot Size | 3.62 AC |
| Price Per Room | $33,750 | Building Size | 10,000 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2014 |
| Building Class | C | Corridor | Exterior |
| Price | $675,000 |
| Price Per Room | $33,750 |
| 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 |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2014 |
| Corridor | Exterior |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 20 | $59.00 | - |
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PROPERTY TAXES
| Parcel Number | 38-0-1-0-9-E | Improvements Assessment | $296,000 |
| Land Assessment | $195,500 | Total Assessment | $491,500 |
PROPERTY TAXES
Parcel Number
38-0-1-0-9-E
Land Assessment
$195,500
Improvements Assessment
$296,000
Total Assessment
$491,500
zoning
| Zoning Code | C |
| C |
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Bay Motel | 18754 Northumberland Hwy
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