Details

439 & 455 Railroad Ave, Keysville, VA 23947

Discover a rare opportunity to own two historic landmark properties in the heart of Keysville, Virginia. The iconic Charlotte Hotel at 455 Railroad Avenue offers 8,332± square feet of historic character, classic architecture, and restoration potential. The adjoining commercial property at 439 Railroad Avenue provides 5,964± square feet of income-producing retail and warehouse space on a total of approximately 0.38 ± Acres. Whether envisioned as a boutique hotel, event venue, mixed-use development, retail destination, or other entrepreneurial venture, these properties offer endless possibilities for investors, developers, and preservationists. Located on Main Street in downtown Keysville, this unique offering combines historic charm, income potential, and the opportunity to revitalize a cornerstone of the community, with potential eligibility for historic preservation grants, tax credits, and other redevelopment incentives.

• FOR SALE - Please Inquire for Pricing!
• 455 Railroad Ave | Historic Hotel | 8,332± SF | Built in 1907 | Includes en-suite guest rooms, dining room, kitchen, lobby, offices, and storage * This property has been placed in condemned status by the applicable governing authority due to safety concerns. The governing authority is prepared to release this status upon completion of required repairs and resolution of safety issues*
• 439 Railroad Ave | Income-Producing Storefront with retail and warehouse space | 5,964± SF | Built in 1900 | $742/month | Modified Gross Lease through January 2028 with annual escalator
• Federal & State Historic District - Up to 45% in rehabilitation tax credits available! – designation letter attached
• Sold together or separately!

Property Tours

Please contact Carly Hancock for property tours

Ideal For

Ideal for investors, developers, preservationists, and entrepreneurs seeking a historic redevelopment opportunity with income-producing potential and multiple future-use possibilities 

Financial Lender Recommendations

• Ashley Howell (First Bank & Trust Company)
  • ahowell@firstbank.com
  • 540-421-6732
• Lindy Pond (Consistent Capital)
  • lindy@consistentcapital.com
  • 804-647-7866
• Briana Sparrow (Atlantic Bay Mortgage Group)
  • brianasparrow@atlanticbay.com
  • 804-878-0509
• Megan Rodgers (Farm Credit)
  • mrodgers@FCVirginias.com
  • 434-956-1139
• Mike Krumbein (Richmond Mortgage Inc.)
  • mike@richmondmortgageinc.com
  • 804-240-9314

Call Carly Hancock at 804-335-9994 or chancock@motleys.com