25 S Crater Rd | Petersburg, VA 23803
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25 S Crater Rd
Petersburg, VA 23803
Former 70+ Room Motel US Rt 301 · Hospitality Property For Sale · 17,134 SF
Investment Highlights
- 2020 Gross Income $436K
- Last Permitted for 70 rooms, up to 85 available
- Motel Vacant since June, 2022
- Rehab or Redevelop 1.3+ acres, 202' Road Frontage
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1972/1995 |
| Building Class | C | Parking Ratio | 4.55/1,000 SF |
| Lot Size | 1.41 AC | Corridor | Exterior |
| Building Size | 17,134 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.41 AC |
| Building Size | 17,134 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/1995 |
| Parking Ratio | 4.55/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 012-26-0023 | Improvements Assessment | $443,900 |
| Land Assessment | $256,100 | Total Assessment | $700,000 |
PROPERTY TAXES
Parcel Number
012-26-0023
Land Assessment
$256,100
Improvements Assessment
$443,900
Total Assessment
$700,000
zoning
| Zoning Code | B-2 (Business) |
| B-2 (Business) |
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