1024 Winchester Avenue Martinsburg, WV $ 1,800,000
1024 Winchester Avenue
$ 1,800,000
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1024 Winchester Avenue

Martinsburg, WV, 25401
$ 1,800,000
Bedrooms-- Baths-- Sq 43,560

Monthly Estimate*

$ 11,230

1024 Winchester Avenue, Martinsburg, WV 25401 - Image 1
1024 Winchester Avenue, Martinsburg, WV 25401 - Image 2
1024 Winchester Avenue, Martinsburg, WV 25401 - Image 3
1024 Winchester Avenue, Martinsburg, WV 25401 - Image 4
1024 Winchester Avenue, Martinsburg, WV 25401 - Image 5
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1024 Winchester Avenue, Martinsburg, WV 25401 - Image 8
1024 Winchester Avenue, Martinsburg, WV 25401 - Image 9
1024 Winchester Avenue, Martinsburg, WV 25401 - Image 10

Commercial Property for sale in Martinsburg, WV

for $1,800,000. This 43,560 square foot building was built in 1964 on a lot size of 1.

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.

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Commercial Active

Price

$ 1,800,000

Property Type

Commercial

Taxes

$ 7,923

Style

Hotel/Motel

Lot Size

1

Year Built

1964

Town/City

Martinsburg

County/Region

Berkeley

MLS | Web ID

WVBE2043720

Features
Interior
Heating Fuel Electric
Flooring Carpet
Hot Water Tankless
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Wall Unit
Cooling Wall Unit
Possession Settlement
Roof Shingle
Zoning 102
Construction Materials Concrete
Year Built 1964
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Arden District
Business Type Hotel/Motel
Accessibility None
County BERKELEY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS is accurate.
City MARTINSBURG
Number Of Units Total 19
Lot Size Units Square Feet
Lot Size Square Feet 43560.00
Tax Annual Amount 7923.62
Property Condition Excellent
Price Per Sq Ft Total AG 236.84
Acceptable Financing Cash Conventional Exchange Other
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Estimated
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Exterior
Lot Features Rear Yard
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 7600.00
Lot Size Acres 1.00
Road Surface Type Paved
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 79980.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1024
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* Excluded Features
List By
Touchstone Realty, Llc

Broker

divabunting@gmail.com

Email

Affordability Calculator

$11,890
Per Month
94%
6%
0%
Monthly Principal & Interest
$11,230
Monthly Property Taxes
$660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2025$1,800,000 Listed Price

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1024 Winchester Avenue, Martinsburg, WV, 25401 is a Commercial Property for sale at $1,800,000 with 43,560 sqft and a lot size of 1. 1024 Winchester Avenue was built in 1964. The property's zip code is 25401 which is in Martinsburg, WV