Property Listing No Longer Available for Sale

341 Gateway Dr., Winchester, VA

Land for Sale - $1,500,000 - 107,790 Sq. Ft. on 4.4 acres


Property Info

CIMLS#859293
Location
  341 Gateway Dr.
  Winchester VA 22602
UpdatedMarch 13th, 2016
TypeLand
Price$1,500,000
Building107,790 Sq. Ft.
Land4.4 acres

Property Description

Multiple Hotel site for development! Partially constructed Hotel site is situated on 4.37 improved acres of land, zoned B2 Commercial. There is a site plan for two hotels with 79 rooms each and 8,276sf conference center. Plans are available with previous builder. Use existing site plan or create a fresh new plan for this site. Location is adjacent to Winchester Gateway Shopping Center, 160,000sf regional center anchored by Martins grocery and Petco along with a shadow anchored center with Tractor Supply, Dollar Tree and Goodyear Tire with an existing Marriot Town Suites. The site is located at I-81 Exit #315, Rt. #7, which is highly visible with I-81 frontage. The property is offered “as Is” with a clean title for immediate sale. Previous owners invested over $4M into the site with improvements. All offers will be reviewed for consideration. Variable Rate Commission.

Location Description:

Winchester Virginia, the newest focus for commercial growth in Northern Virginia. As quoted in Southern Business and Development, Winchester was named as one of the Ten Strong Economies You May Not Have Noticed?. Forbes identifies Winchester as a Top-Tier Community as one of Best Small Places for Business and Careers. Over the past decade, according to Bureau of Economic Analysis, annual personal income has increased 52%, with health care jobs increasing by 3,000. The latest data shows an increase of 16.9% in high-tech employment. Also predicted is an increase in retail sales of 4.7%. The economy continues to expand with commuters from the Washington DC area, and with influx of industrial firms and the relocation of Federal offices such as FEMA and FBI. The Interstate system and the Inland Port offer major encouragement for industrial and commercial expansion for this market.

Highlights:

>> Foundation, walls, shafts already constructed

>> Winchester Gateway Grocery -Anchored Center

>> At Interstate 81, Exit 315 and Rt 7

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%