Share This Listing

Message

951 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

8924 US-1
Richmond, VA 23237
 Virginian Motel · Hospitality Property For Sale · 18 Rooms

Hotels Virginia Richmond 8924 US-1, Richmond, VA 23237

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Frontage on Route 1 and Perrymont Road

EXECUTIVE SUMMARY

8,702± SF motel on 1.76 Acres
Zoned CC allowing multifamily, daycare, hotel, car wash, gas station, self storage
Comprehensive Plan for Office/Light Industrial
Motel has: 18 keys, 1 - 1BR Apartment, 1-3BR Apartment
Frontage on Route 1 and Perrymont Road
Sale Price: $1,330,000

PROPERTY FACTS

Price Per Room $102,513 CAD No. Rooms 18
Sale Type Investment or Owner User No. Stories 1
Property Type Hospitality Year Built 1957
Property Subtype
Hotel
Parking Ratio 2.99/1,000 SF
Building Class C Corridor Exterior
Lot Size 1.76 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Size 8,702 SF
Zoning O-2 - CORP
Price Per Room $102,513 CAD
Sale Type Investment or Owner User
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.76 AC
Building Size 8,702 SF
No. Rooms 18
No. Stories 1
Year Built 1957
Parking Ratio 2.99/1,000 SF
Corridor Exterior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning O-2 - CORP

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 18 $81.86 CAD -

LINKS

PROPERTY TAXES

Parcel Number 792-67-18-18-500-000 Improvements Assessment $669,837 CAD
Land Assessment $372,239 CAD Total Assessment $1,042,076 CAD

PROPERTY TAXES

Parcel Number
792-67-18-18-500-000
Land Assessment
$372,239 CAD
Improvements Assessment
$669,837 CAD
Total Assessment
$1,042,076 CAD
 

  • Listing ID: 30307655

  • Date on Market: 2023-12-07

  • Last Updated:

  • Address: 8924 US-1, Richmond, VA 23237

The Hospitality Property at 8924 US-1, Richmond, VA 23237 is currently available for Sale. Contact Commonwealth Commercial Partners for more information.

1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
8924 US-1, Richmond, VA for sale Primary Photo- Image 1 of 8
P1_8924 Route 1
8924 US-1, Richmond, VA for sale Building Photo- Image 2 of 8
P2_8924 Route 1
8924 US-1, Richmond, VA for sale Building Photo- Image 3 of 8
P3_8924 Route 1
8924 US-1, Richmond, VA for sale Building Photo- Image 4 of 8
P4_8924 Route 1
8924 US-1, Richmond, VA for sale Interior Photo- Image 5 of 8
P5_8924 Route 1
8924 US-1, Richmond, VA for sale Interior Photo- Image 6 of 8
P6_8924 Route 1
8924 US-1, Richmond, VA for sale Interior Photo- Image 7 of 8
P7_8924 Route 1

Connect with us

© 2026 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.