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Gloucester Inn Motel 1408 George Washington Mem Hwy 16 Room Hotel Gloucester Point, VA 23062 $1,300,000 ($81,250/Room)
Investment Highlights
- Endless potential with multiple existing buildings
- Excellent Visibility and Accessibility
- 2.52 acres on Route 17 in Gloucester
Executive Summary
Prime Investment Opportunity in Gloucester! This 2.52-acre commercially zoned B-1 property offers endless potential with multiple existing buildings and motel operations already in place. Ideal for investors, entrepreneurs, or developers looking to own and operate a motel, expand hospitality services, or redevelop the site for a variety of commercial uses. Excellent visibility and accessibility in a growing area with strong traffic exposure. Whether you choose to continue the current business model or reimagine the property for retail, office, mixed-use, or other commercial development, the possibilities are extensive. Rare opportunity to secure a large commercial parcel with income-producing potential and future development upside in Gloucester County.
Property Facts
| Price | $1,300,000 | Building Size | 5,954 SF |
| Price Per Room | $81,250 | No. Rooms | 16 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Parking Ratio | 1.32/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.48 AC | Opportunity Zone |
Yes
|
| Zoning | B-1 - B-1 | ||
| Price | $1,300,000 |
| Price Per Room | $81,250 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.48 AC |
| Building Size | 5,954 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.32/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | B-1 - B-1 |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $85.00 | - |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 28208 | Improvements Assessment | $301,040 |
| Land Assessment | $633,570 | Total Assessment | $934,610 |
Property Taxes
Parcel Number
28208
Land Assessment
$633,570
Improvements Assessment
$301,040
Total Assessment
$934,610
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Gloucester Inn Motel | 1408 George Washington Mem Hwy
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