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1024 Winchester Avenue

MARTINSBURG, WV 25401
  • $1,800,000
  • STATUS: Active
  • ON SITE: 80 Days
  • ID#: WVBE2043720
UPDATED: 67 min ago
$1,800,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1964
County:

School Ratings & Info

School District:

Description

Profitable Turnkey Motel Investment " The Heritage Inn - Dont miss this rare opportunity to acquire a well-established and highly profitable motel in the heart of Martinsburg, WV. With a remarkably low vacancy rate of less than 2%, this property offers immediate and stable cash flow in a high-demand area with strong year-round occupancy. This 19-room motel features a smart room mix to accommodate various guest needs: 3 King-bed rooms, 10 Double-bed rooms, 6 Single-bed rooms. The property includes 20 dedicated parking spaces and sits on two adjoining lots, offering expanded utility and value. A gated entry to the rear lot provides additional space for storage or future development, enhancing the long-term potential of the investment. Operational efficiency is ensured with: A fully equipped laundry room, on-site apartment for owner or property manager, managers office, after hours secure guest check-in, two brand new tankless water heaters for low-maintenance, energy-efficient service, a new roof, installed less than a year ago, and featuring coin-operated washers and dryers for guests. This is a turnkey operation ideal for seasoned investors seeking a reliable income-producing asset, or a perfect 1031 exchange opportunity. With its proven performance and strategic location, this motel represents a rare chance to own a piece of Martinsburgs thriving hospitality sector.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-11-14T23:53:31.007.
www.deepcreeksales.com/homes/167339526
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1024 Winchester Avenue MARTINSBURG, WV 25401

  • Price: $1,800,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 67 min ago
  • ID#: WVBE2043720
0
Beds
0
Baths
0
½ Baths
1
Acres
1964
Built
County:
Berkeley
School District:
Berkeley County Schools
Property Description
Profitable Turnkey Motel Investment " The Heritage Inn - Dont miss this rare opportunity to acquire a well-established and highly profitable motel in the heart of Martinsburg, WV. With a remarkably low vacancy rate of less than 2%, this property offers immediate and stable cash flow in a high-demand area with strong year-round occupancy. This 19-room motel features a smart room mix to accommodate various guest needs: 3 King-bed rooms, 10 Double-bed rooms, 6 Single-bed rooms. The property includes 20 dedicated parking spaces and sits on two adjoining lots, offering expanded utility and value. A gated entry to the rear lot provides additional space for storage or future development, enhancing the long-term potential of the investment. Operational efficiency is ensured with: A fully equipped laundry room, on-site apartment for owner or property manager, managers office, after hours secure guest check-in, two brand new tankless water heaters for low-maintenance, energy-efficient service, a new roof, installed less than a year ago, and featuring coin-operated washers and dryers for guests. This is a turnkey operation ideal for seasoned investors seeking a reliable income-producing asset, or a perfect 1031 exchange opportunity. With its proven performance and strategic location, this motel represents a rare chance to own a piece of Martinsburgs thriving hospitality sector.
Exterior Features

Construction Materials Concrete Garage YN No Location Type Business District Lot Features Rear Yard Parking Types Parking Lot Property Condition Excellent Road Surface Type Paved Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7600.00 Cooling Wall Unit Flooring Carpet Heating Wall Unit Heating YN Yes Net Square Feet 43560.00

Property Features

Acceptable Financing CashConventionalExchangeOther Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Tankless Municipality Arden District Navigable Water YN N New Construction YN No Number Of Units Total 19 Operating Expense Includes ElectricHeating/CoolingManagement FeesRepair/MaintenanceSewerWaterAdvertisingCable TVInsuranceParkingSnow RemovalTrash Original MLSNumber 804118776224 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7923.62 Vacation Rental YN No Water Source Public Year Built Effective 2000 Zoning 102 Zoning Description Hotel/Motel

Listing courtesy of Touchstone Realty, LLC: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-11-14T23:53:31.007.
 
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