WV > Martinsburg
Martinsburg, WV 25401,1024 WINCHESTER AVE
Martinsburg, WV 25401,1024 WINCHESTER AVE
Martinsburg, WV 25401,1024 WINCHESTER AVE
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Listed by Diva L Bunting • Touchstone Realty, LLC
$1,800,000
Est. payment /mo
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1 Acres Lot
Active

1024 WINCHESTER AVE Martinsburg, WV 25401

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WVBE2043720

Year Built 1964

Annual Tax Amount $7,923

Tax Year 2025

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Five Or More Units

Source BRIGHT

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

Heat Source Electric

Exterior

Garage Spaces 20.0

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility None

Total Parking Spaces 20

Garage N

Building

Lot Description Rear Yard

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Berkeley County Schools

Others

Tax ID 01 5G004400020000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Exchange, Other

Listing Terms Cash, Conventional, Exchange, Other

Financing Cash,Conventional,Exchange,Other

Special Listing Condition Standard

Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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