Positioned along the high-visibility corridor of Richmond Road, this 128-room hospitality property offers a rare value-add investment opportunity in the heart of Williamsburg, Virginia. Spanning 3.386 acres with approximately 32,500 square feet of improvements, the asset combines strong physical infrastructure with exceptional location advantages. Recent capital improvements exceeding $900,000 include new roofing systems and upgrades to key areas, ensuring a solid foundation for repositioning or redevelopment.
The property features a finished general manager’s apartment, a welcoming lobby, a pool, a café area, and 12 oversized suites, creating flexibility for a boutique hotel concept or extended-stay accommodations. Its B-1 General Business zoning supports a wide range of commercial uses, from hospitality to retail and office, offering investors multiple exit strategies.
Strategically located near major attractions—Colonial Williamsburg (6 miles), Busch Gardens (12 miles), Water Country USA (11 miles), and The College of William & Mary (8 miles)—the site benefits from steady tourism traffic and strong regional demographics. Traffic counts along Richmond Road exceed 20,000 vehicles daily, reinforcing its visibility and accessibility. Surrounding amenities include dining, retail, and entertainment options, making this a prime candidate for adaptive reuse or continued hospitality operations.
With a competitive asking price of $2,495,000, this property presents an outstanding opportunity for investors seeking to capitalize on Williamsburg’s thriving tourism economy and growing population base.