1024 WINCHESTER AVE new to site Save Request In-Person Tour Request Virtual Tour
Martinsburg,WV 25401
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $236
MLS Listing ID WVBE2043720
Year Built 1964
Annual Tax Amount $7,923
Tax Year 2025
Lot Size 1.000 Acres
Property Sub-Type Five Or More Units
Property Description
Profitable Turnkey Motel Investment – The Heritage Inn - Don't 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 Martinsburg's thriving hospitality sector.
Location
State WV
County Berkeley
Zoning 102
Interior
Hot Water Tankless
Heating Wall Unit
Cooling Wall Unit
Flooring Carpet
Exterior
Garage Spaces 20.0
Water Access N
Roof Type Shingle
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Berkeley County Schools
Others
Acceptable Financing Cash,Conventional,Exchange,Other
Listing Terms Cash,Conventional,Exchange,Other
Special Listing Condition Standard