Asking Price:

$650,000

Asking Price/SF:

N/A

Gross Income:

N/A

Net Operating Income:

N/A

Year Built:

N/A

Max Space Available:

N/A

Types:

Real Estate For Sale
Other Business Real Estate

Building Status:

Established

Business Description

People are always looking for a long term investment. With the construction of the Corridor H Highway through Davis, this property has the ability to provide for moderate income now, and far more potential in the future. Growth of the area is ensured, through the construction of this Highway. And when completed, the local off-ramp is planned to be some 100 yards from the intersection where this property is located.

Detailed Information

Facilities:

This is a 3-Acre property, consisting of a small Motel and a Residential building behind it, which may be used for an owner's residence or leased to outside personnel. The property is able to be used, virtually as is (according to the Seller), or re-developed into a more modern facility.

Location Description:

Located at the mouth of one of the most popular State Parks and associated landmarks in the State, this facility may be adapted for current use, or redeveloped to a more modern establishment. More than 1 million visitors are said to frequent this park every year, predominately in the Summer and Fall. In addition, an Interstate Highway project (Corridor H) has been planned, partially funded and started in this area, as of Spring 2010. The Highway will run from Northern Virginia, passing thro

Current & Prior Use:

The property is current closed, but in good repair.