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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.
-455 Railroad Ave | Historic Hotel | 8,332± SF | Built in 1907 | Includes en-suite guest rooms, dining room, kitchen, lobby, offices, and storage
-439 Railroad Ave | Income-Producing Storefront | 5,964± SF | Built in 1900 | Leased through January 2028 with annual escalator
-Federal & State Historic District - Up to 45% in rehabilitation tax credits available! – designation letter attached
***Sold with 439 Railroad Ave, or separately!

Data Room Click Here to Access

Property Facts

Sale Type Investment
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.06 AC
Building Size 8,332 SF
No. Stories 2
Year Built 1900
Opportunity Zone Yes
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41046332

  • Date on Market: 2026-06-24

  • Last Updated:

  • Address: 455 Railroad Ave, Keysville, VA 23947

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