804-335-9994
455 Railroad Ave, Keysville, VA for Sale
Apartments - FOR SALE
1/19
null | Request Cap Rate

455 Railroad Ave
Keysville, VA 23947


OVERVIEW

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!

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charlotte Hotel Keysville

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,566 SF

ZONING

-

APN/PARCEL ID

054-B1-03-000-000-0125

ASK ABOUT THIS PROPERTY

Carly HancockMotleys Asset Disposition GroupMore Info
804-335-9994

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

Carly HancockMotleys Asset Disposition GroupMore Info
804-335-9994

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