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Charlotte Hotel Keysville 455 Railroad Ave Apartment Building For Sale Keysville, VA 23947
Executive Summary
Auction - Opening Bid Only $125,000 (Both), $50,000 (Storefront/439), $75,000 (Hotel/455)!
Thursday, Jul 23 @ 8:00AM EDT (Start)
Thursday, Jul 23 @ 3:30PM EDT (End)
Discover a rare opportunity to own two historic landmark properties in the heart of Keysville, Virginia. The iconic Charlotte Hotel at 455 Railroad Avenue offers 8,332± square feet of historic character, classic architecture, and restoration potential. The adjoining commercial property at 439 Railroad Avenue provides 5,964± square feet of income-producing storefront space on a total of approximately 0.38 ± Acres. Whether envisioned as a boutique hotel, event venue, mixed-use development, retail destination, or other entrepreneurial venture, these properties offer endless possibilities for investors, developers, and preservationists. Located on Main Street in downtown Keysville, this unique offering combines historic charm, income potential, and the opportunity to revitalize a cornerstone of the community, with potential eligibility for historic preservation grants, tax credits, and other redevelopment incentives.
-455 Railroad Ave | Historic Hotel | 8,332± SF | Built in 1907 | Includes en-suite guest rooms, dining room, kitchen, lobby, offices, and storage
-439 Railroad Ave | Income-Producing Storefront | 5,964± SF | Built in 1900 | Leased through January 2028 with annual escalator
-Federal & State Historic District - Up to 45% in rehabilitation tax credits available! – designation letter attached
***Sold with 439 Railroad Ave, or separately!
Thursday, Jul 23 @ 8:00AM EDT (Start)
Thursday, Jul 23 @ 3:30PM EDT (End)
Discover a rare opportunity to own two historic landmark properties in the heart of Keysville, Virginia. The iconic Charlotte Hotel at 455 Railroad Avenue offers 8,332± square feet of historic character, classic architecture, and restoration potential. The adjoining commercial property at 439 Railroad Avenue provides 5,964± square feet of income-producing storefront space on a total of approximately 0.38 ± Acres. Whether envisioned as a boutique hotel, event venue, mixed-use development, retail destination, or other entrepreneurial venture, these properties offer endless possibilities for investors, developers, and preservationists. Located on Main Street in downtown Keysville, this unique offering combines historic charm, income potential, and the opportunity to revitalize a cornerstone of the community, with potential eligibility for historic preservation grants, tax credits, and other redevelopment incentives.
-455 Railroad Ave | Historic Hotel | 8,332± SF | Built in 1907 | Includes en-suite guest rooms, dining room, kitchen, lobby, offices, and storage
-439 Railroad Ave | Income-Producing Storefront | 5,964± SF | Built in 1900 | Leased through January 2028 with annual escalator
-Federal & State Historic District - Up to 45% in rehabilitation tax credits available! – designation letter attached
***Sold with 439 Railroad Ave, or separately!
Data Room Click Here to Access
Property Facts
| Sale Type | Investment | Building Size | 8,332 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.06 AC |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 8,332 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 054-B1-03-000-000-0125 | Improvements Assessment | $149,654 |
| Land Assessment | $14,000 | Total Assessment | $163,654 |
Property Taxes
Parcel Number
054-B1-03-000-000-0125
Land Assessment
$14,000
Improvements Assessment
$149,654
Total Assessment
$163,654
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Contact the Sale Advisor
Charlotte Hotel Keysville | 455 Railroad Ave