Martinsburg, WV 25401 1024 Winchester Avenue

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Presented By: Touchstone Realty, LLC
  • MLS# WVBE2043720
  • 08/26/2025
  • Request Tour
  • Request Info
  • SQFT • 43,560

Home Details

Profitable Turnkey Motel Investment The Heritage Inn - Dont 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 Martinsburgs thriving hospitality sector.
Presented By: Touchstone Realty, LLC

Interior Features for 1024 Winchester Avenue

Other Interior Features

Central Air Y/NNo
FlooringCarpet
Heating FuelElectric
Heating Y/NYes
Hot WaterTankless

General for 1024 Winchester Avenue

Acceptable FinancingCash, Conventional, Exchange, Other
AccessibilityNone
Business TypeHotel/Motel
CityMARTINSBURG
Construction MaterialsConcrete
Cool FuelElectric
CoolingWall Unit
CountyBERKELEY
DirectionsGPS is accurate.
HeatingWall Unit
Location TypeBusiness District
Lot Size Square Feet43560.00
Lot Size UnitsSquare Feet
MunicipalityArden District
New ConstructionNo
Number Of Units Total19
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG236.84
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7923.62
Tax Assessed Value285480.0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1964
Year Built SourceEstimated
Zoning102

Exterior for 1024 Winchester Avenue

Building Area Total7600.00
Car Parking Spaces20
Fencing Y/NY
Land Assessed Value79980.00
Land Use Code014
Lot FeaturesRear Yard
Lot Size Acres1.00
Lot Size SourceEstimated
Navigable Water Y/NNo
Road Frontage Length169
Road Surface TypePaved
Total Loading Docks0
Total Parking Spaces20
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,800,000
MLS#WVBE2043720
List Date 08/26/2025
Property Type Commercial
Phone 703.929.4729
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