$1,950,000
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1080 Richmond Highway Fredericksburg, VA 22405
Other
Residence
Beds
Baths
21,899
Sq. Ft.
4.98
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Are you ready to take on this diamond in the rough business opportunity!? 1080 Richmond Highway has been a motel and a medical office in its hay day and now it's ready for a new breath of life. The owner started to fix it up and convert it to a motel/hotel once again but is now ready to hand over th...e reins to its new determined investor. The property has had a facelift including new vinyl siding, new windows, and a new roof. Inside, you will find nearly 35 rooms roughed-in varying in sizes from single bed rooms to kitchenette suite sizes. There are also larger event spaces on either side of the building including an old fireplace that could be converted to dining, restaurant, bar, lounge, events etc. In the middle of the c-shaped building you can find a check-in office, and up a set of stairs there is an apartment-like space ready to be converted for the new owner/manager equipped with potential private entrance off the back. The property sits on almost 5 acres on roughly 900 ft of road frontage between Stafford and Fredericksburg making it a convenient off highway location for guests. To the right of the building you will find a winding pathway leading to a flat yard by the woods where a gazebo type structure can be found. Those with some vision and county approved use could potentially use this space for ceremonies or simply as a place for guests to relax and take in the scenery. There is so much potential to be found here, schedule your showing today!
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MLS#
VAST2035494
Property Type
Other
Year Built
1965
Square Feet
21,899
sq. ft
Price per Sq. Ft.
$89.05
Lot Size
4.98
Sewer
Public Sewer
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