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This Hospitality Property is no longer advertised on LoopNet.com.

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
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

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)
  • Listing ID: 27652878

  • Date on Market: 2/1/2023

  • Last Updated:

  • Address: 25 S Crater Rd, Petersburg, VA 23803

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