1408 George Washington Mem Hwy - Hospitality FOR SALE


Gloucester Point, VA 23062 | 
$1,300,000 USD
757-879-9759
1408 George Washington Mem Hwy, Gloucester Point, VA for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

1408 George Washington Mem Hwy
Gloucester Point, VA 23062


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$218 USD /SF

# OF ROOMS

16

PRICE/ROOM

$81,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gloucester Inn Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

29

LAND DETAILS

LAND ACRES

2.48 AC

LAND SF

108,112 SF

ZONING

B-1

APN/PARCEL ID

28208

ASK ABOUT THIS PROPERTY

Carlyn MenserRE/MAX ConnectMore Info
757-879-9759

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Carlyn MenserRE/MAX ConnectMore Info
757-879-9759

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.