Courtesy: Motleys Real Estate
Carly Hancock
804-335-9994
Rare opportunity to acquire a historic landmark in the heart of downtown Keysville, Virginia. The Charlotte Hotel at 455 Railroad Avenue offers 8,332± square feet of classic early 20th-century architecture with significant restoration potential. Originally built in 1907, the property includes en-suite guest rooms, a dining room, commercial kitchen, lobby, offices, and storage — a functional layout well-suited for adaptive reuse. Positioned on Main Street in the core of Keysville's downtown corridor, the property is eligible for Federal and State Historic District designation, unlocking up to 45% in rehabilitation tax credits. Prospective buyers may also qualify for historic preservation grants and additional redevelopment incentives — making this an attractive basis for investors, developers, and preservationists alike. Ideal uses include boutique hotel, event venue, mixed-use development, or other entrepreneurial concepts. 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. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction. The property is being sold completely "AS-IS."
Courtesy: Motleys Real Estate
Carly Hancock
804-335-9994
Established income-producing storefront in the heart of downtown Keysville, Virginia. The commercial property at 439 Railroad Avenue offers 5,964± square feet of street-level retail space with a current lease in place through January 2028, inclusive of an annual rent escalator — providing immediate cash flow from day one. Built in 1900 and situated on Main Street in Keysville's downtown corridor, the property carries strong historic character with long-term value-add potential. Eligible for Federal and State Historic District designation, prospective buyers may access up to 45% in rehabilitation tax credits, along with potential historic preservation grants and additional redevelopment incentives — an attractive basis for investors and preservationists seeking both current income and future upside. NOTE: This property is subject to Auction, the list price is not the selling price, but the opening bid at the auction. The seller reserves the right to accept an offer prior to the auction. The property is being sold completely "AS-IS."
Keysville is located in Virginia. Keysville, Virginia has a population of 883. Keysville is less family-centric than the surrounding county with 18.85% of the households containing married families with children. The county average for households married with children is 23.31%.
The median household income in Keysville, Virginia is $23,833. The median household income for the surrounding county is $45,567 compared to the national median of $69,021. The median age of people living in Keysville is 40.9 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 42.7 inches per year, with 5.8 inches of snow per year.
