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1024 Winchester Ave

$1,800,000

1024 Winchester Ave, Martinsburg, WV 25401

Active
Last Updated: 10/08/2025

7,600 sqft

Building Size

1964

Year Built

Details:
Building Size:    7,600 sqft
Year Built:    1964
Price Per Sqft:    $236.84
Zoning:    102
Roof:    Shingle
Highlights:
  • Days on Market: 44
  • Heating: Wall Unit
Description:

Rear Yard

Profitable Turnkey Motel Investment – The Heritage Inn - Don’t 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 Martinsburg’s thriving hospitality sector.

Map:
Location
Gallery