1024 Winchester Ave, MARTINSBURG, WV

$1,800,000

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43,560

Square feet

1.00

Acre

About 1024 Winchester Ave

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.

Features of 1024 Winchester Ave

MLS® # WVBE2043720
Price $1,800,000
Bathrooms 0.00
Square Footage 43,560
Acres 1.00
Year Built 1964
Type Commercial Sale
Sub-Type Five Or More Units
Status Active

Community Information

Address 1024 Winchester Ave
City MARTINSBURG
County BERKELEY-WV
State WV
Municipality Arden District
Zip Code 25401

Amenities

Is Waterfront No

Interior

Heating Wall Unit
Cooling Wall Unit
Fireplace No
Has Basement No

Exterior

Exterior Concrete/Block
Lot Description Rear Yard
Roof Shingle

School Information

District BERKELEY COUNTY SCHOOLS

Additional Information

Zoning 102
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTouchstone Realty, LLC

Listing Map

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