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439 Railroad Ave 5,964 SF Vacant Retail Building Keysville, VA 23947 For Sale
Executive Summary
Auction - Opening Bid Only $125,000 (Both), $50,000 (Storefront/439), $75,000 (Hotel/455)!
Thursday, Jul 23 @ 8:00AM EDT (Start)
Thursday, Jul 23 @ 3:30PM EDT (End)
Discover a rare opportunity to own two historic landmark properties in the heart of Keysville, Virginia. The iconic Charlotte Hotel at 455 Railroad Avenue offers 8,332± square feet of historic character, classic architecture, and restoration potential. The adjoining commercial property at 439 Railroad Avenue provides 5,964± square feet of income-producing storefront space on a total of approximately 0.38 ± Acres. Whether envisioned as a boutique hotel, event venue, mixed-use development, retail destination, or other entrepreneurial venture, these properties offer endless possibilities for investors, developers, and preservationists. Located on Main Street in downtown Keysville, this unique offering combines historic charm, income potential, and the opportunity to revitalize a cornerstone of the community, with potential eligibility for historic preservation grants, tax credits, and other redevelopment incentives.
-439 Railroad Ave | Income-Producing Storefront | 5,964± SF | Built in 1900 | Leased through January 2028 with annual escalator
455 Railroad Ave | Historic Hotel | 8,332± SF | Built in 1907 | Includes en-suite guest rooms, dining room, kitchen, lobby, offices, and storage
-Federal & State Historic District - Up to 45% in rehabilitation tax credits available! – designation letter attached
***Sold with 455 Railroad Ave, or separately!
Thursday, Jul 23 @ 8:00AM EDT (Start)
Thursday, Jul 23 @ 3:30PM EDT (End)
Discover a rare opportunity to own two historic landmark properties in the heart of Keysville, Virginia. The iconic Charlotte Hotel at 455 Railroad Avenue offers 8,332± square feet of historic character, classic architecture, and restoration potential. The adjoining commercial property at 439 Railroad Avenue provides 5,964± square feet of income-producing storefront space on a total of approximately 0.38 ± Acres. Whether envisioned as a boutique hotel, event venue, mixed-use development, retail destination, or other entrepreneurial venture, these properties offer endless possibilities for investors, developers, and preservationists. Located on Main Street in downtown Keysville, this unique offering combines historic charm, income potential, and the opportunity to revitalize a cornerstone of the community, with potential eligibility for historic preservation grants, tax credits, and other redevelopment incentives.
-439 Railroad Ave | Income-Producing Storefront | 5,964± SF | Built in 1900 | Leased through January 2028 with annual escalator
455 Railroad Ave | Historic Hotel | 8,332± SF | Built in 1907 | Includes en-suite guest rooms, dining room, kitchen, lobby, offices, and storage
-Federal & State Historic District - Up to 45% in rehabilitation tax credits available! – designation letter attached
***Sold with 455 Railroad Ave, or separately!
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,964 SF
Building Class
C
Year Built
1900
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.51
Lot Size
0.27 AC
Opportunity Zone
Yes
Amenities
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $262,956 CAD | |
| Land Assessment | $42,881 CAD | Total Assessment | $305,837 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$42,881 CAD
Improvements Assessment
$262,956 CAD
Total Assessment
$305,837 CAD
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Presented by
Motleys Asset Disposition Group
439 Railroad Ave
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