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$1,800,000
55 Days On Site

1024 WINCHESTER AVENUE
MARTINSBURG, WV 25401

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
7,600
SqFt
$237
/SqFt
1964
Built
County:
BERKELEY
Listing courtesy of Touchstone Realty, LLC

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1024 WINCHESTER AVENUE1024 WINCHESTER AVENUE1024 WINCHESTER AVENUE1024 WINCHESTER AVENUE
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Profitable Turnkey Motel Investment – The Heritage Inn - Don’t miss this rare opportunity to acquire a well-established and highly profitable motel in the heart of Martinsburg, WV. With a remarkably low vacancy rate of less than 2%, this property offers immediate and stable cash flow in a high-demand area with strong year-round occupancy. This 19-room motel features a smart room mix to accommodate various guest needs: 3 King-bed rooms, 10 Double-bed rooms, 6 Single-bed rooms. The property includes 20 dedicated parking spaces and sits on two adjoining lots, offering expanded utility and value. A gated entry to the rear lot provides additional space for storage or future development, enhancing the long-term potential of the investment. Operational efficiency is ensured with: A fully equipped laundry room, on-site apartment for owner or property manager, managers office, after hours secure guest check-in, two brand new tankless water heaters for low-maintenance, energy-efficient service, a new roof, installed less than a year ago, and featuring coin-operated washers and dryers for guests. This is a turnkey operation ideal for seasoned investors seeking a reliable income-producing asset, or a perfect 1031 exchange opportunity. With its proven performance and strategic location, this motel represents a rare chance to own a piece of Martinsburg’s thriving hospitality sector.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
55 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1964
MLS® Number 
WVBE2043720
Status 
Active
Property Tax 
$7,923.62
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
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What's This?
Private
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1
Parking 
Parking Lot
Parking Spaces 
20
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7600
Water Source 
Public
Zoning 
102
Interior Features
Appliances 
Tankless Water Heater
Cooling 
Wall Unit(s)Electric
Flooring 
Carpet
Heating 
Electric
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Exterior Features
Construction Details 
Concrete
Fencing 
Fenced
Lot Features 
Back Yard
Roof 
Shingle
Community Features
Roads 
Paved
School District 
BERKELEY COUNTY SCHOOLS
Schools
School District
BERKELEY COUNTY SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Touchstone Realty, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Powered by Showcase IDX, a Constellation1 Company
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