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$1,400,000
Est. payment /mo
10,745 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business,Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,745 sqft
Price per Sqft $130
Subdivision Capeville
MLS Listing ID 71161
Year Built 1952
Annual Tax Amount $7,660
Tax Year 7660
Lot Size 8.329 Acres
Lot Dimensions 362811.24
Property Sub-Type Business,Commercial
Property Description
The Peacock Motel is a traditional Motor Court Motel on 8.32 acres located near the Cape Center south of Cape Charles on US Route 13. It includes a central office with sleeping room, 22 guest rooms plus 2 suites and 1 large apartment, a laundry building and storage shed. It has plenty of room for expansion. Located in the Virgina Enterprise Zone for economic development incentives. The property has over 800 feet of highway frontage. Not operated as a motel for several years, but as a longer stay/employee housing facility. VDH operation permits for a Motel are current. The vintage motor court design allows parking room doors. Generally ready to get back in business with a ready market for more rooms in the vicinity. There are fewer than about 300 motel/hotel rooms from the bridge to Eastville, a prime tourism area rich in natural resources, public beaches, Kiptopeke State Park, Cape Charles National Wildlife refuge, Savage Neck Dunes Preserve, Four different boat launch harbors within 5 miles of this motel, plus the historic town of Cape Charles, Its public harbor, town beach, 2 yacht marinas, many restaurants, shops and a vibrant historic district.
Location
State VA
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Concrete, Carpet
Exterior
Parking Features 11+ Spaces
Waterfront Description None
Roof Type Wood Joists,Asbestos Shingle
Building
Lot Description Freestanding, Central Business Area, 5-9.0 acres +/-
Sewer Septic Tank
Others
Virtual Tour https://tour.usamls.net/26369-Lankford-Hwy-Cape-Charles-VA-23310/unbranded
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Listed by PARR PROPERTIES
Nearby Locations