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351 York St
Williamsburg, VA 23185
Best Western · Hospitality Property For Sale · 140 Rooms

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.02 AC
Building Size 72,536 SF
No. Rooms 140
No. Stories 2
Year Built/Renovated 1975/2017
Parking Ratio 2.32/1,000 SF
Corridor Interior
Zoning B-2 - community or general business

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

About 351 YORK ST , WILLIAMSBURG, VA 23185

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 140-room, mid 1970s-constructed Best Western located in Williamsburg, Virginia. The hotel is a four-story property located within close proximity to Interstate 64 and directly off of U.S Highway 60, the major thoroughfare in Williamsburg. A popular tourist destination, Williamsburg is one of Virginia's most visited cities. The city contains a wide variety of diverse demand generators and is best known for its historic colonial areas as well as Busch Gardens Williamsburg, an attraction which has been named "The World's Most Beautiful Theme Park" 28 years in a row. The Best Western offers the opportunity for a new owner to acquire a value-add property in an established market with minimal Property Improvement Plan (PIP) / renovation costs expected for a new owner.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 140 $144.00 -

Property Taxes

Property Taxes

Parcel Number
2621.812.673
Land Assessment
$1,148,400
Improvements Assessment
$3,055,800
Total Assessment
$4,204,200
  • Listing ID: 16139182

  • Date on Market: 5/23/2019

  • Last Updated:

  • Address: 351 York St, Williamsburg, VA 23185

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