9533 James Madison, Warrenton, VA 20187 - Photo 1

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$1,750,000

For Sale
Active
Commercial

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Property Description

Amazing opportunity in Warrenton! Well-established Johnson Motel -20 room motel for sale - strategically located right off busy Route 15-29-17. This motel sits on 6.5 acres of prime Real Estate, offering ample space for expansion, diversification, or both! Whether it's enhancing the existing facilities or exploring alternative development opportunities - this property has amazing potential for it's new owners. The motel currently has 20 rentable rooms (2 are suites) and a 2 bedroom, 2 bathroom apartment with kitchen for managers, complete with separate laundry room. Plenty of parking and easy entry/exit with a paved asphalt driveway all the way around and you'll save money with a private well and conventional septic system.

Full Property Details

Full Property Details for 9533 James Madison

General

Price: $1,750,000
Taxes: $5,823 (2022)
Status: Active
Type: Commercial
Source: BrightMLSMidAtlantic
MLS ID: VAFQ2012532
Updated: 9/23/2024
Added to Site: 230 day(s) ago

Business

Business Type: Hotel/Motel

Parking

Total Spaces: 35
Parking Features: Paved Parking
Parking Type: Other, Parking Lot, Driveway

Location

County: Fauquier
Driving Directions: 95N To Exit onto Warrenton Rd, Left on Warrention Rd, Keep Right onto James MAdison Hwy, Motel is on the Right.
Location Details: Free Standing

School Information

Elementary School: James G. Brumfield
Middle School: W.C. Taylor
High School: Fauquier

Heating & Cooling

Cooling Type: Other
Cooling Fuel: Electric
Heating Type: Other
Heating Fuel: Other
Water Heater: Other

Utilities

Sewer: On Site Septic
Water: Other

Structural Information

Construction: Stone
Roof: Asphalt
Stories/Levels: 0
Year Built: 1950
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 6.53
Lot Size (Sq. Ft.): 284,656
Lot Size Source: Assessor
Frontage Feet: 302
Zoning: R1

Financial Considerations

Price Per Sq. Ft.: $287.78
Assessment Year: 2022
City/TownTax Freq: Annually
County Tax: $4,888
County Tax Freq: Annually
Tax w/Assessment: $644,900
Tax Amount: $5,823
Tax Year: 2022

Disclosures and Reports

Ownership: Fee Simple

Listed by EXP Realty, LLC, Christy D. Darrah Margoupis and EXP Realty, LLC, Daniel Adam Margoupis

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Listing agents

— 9533 James Madison —

Christy D. Darrah Margoupis

EXP Realty, LLC
Daniel Adam Margoupis

EXP Realty, LLC

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Schools

Schools serving 9533 James Madison

Name	Grades	Distance
James G. Brumfield Elementary School 550 Alwington Blvd, Warrenton, VA 20186	PK-5	4.2 mi
Grace Miller Elementary School 6248 Catlett Rd, Bealeton, VA 22712	PK-5	4.2 mi
C.M. Bradley Elementary School 674 Hastings Ln, Warrenton, VA 20186	PK-5	6.6 mi
Wc Taylor Middle School 350 E Shirley Ave, Warrenton, VA 20186	6-8	4.4 mi
Cedar Lee Middle School 11138 Marsh Rd, Bealeton, VA 22712	6-8	4.8 mi
Warrenton Middle School 244 Waterloo St, Warrenton, VA 20186	6-8	5.3 mi
Liberty High School, Bealeton, VA 6300 Independence Ave, Bealeton, VA 22712	9-12	3.9 mi
Fauquier High School 705 Waterloo Rd, Warrenton, VA 20186	9-12	5.6 mi
Kettle Run High School 7403 Academic Ave, Nokesville, VA 20181	9-12	9.2 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9533 James Madison Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/06/2024

Price Reduced

$1,750,000

-36.36%

MLS

5/30/2024

Listed

$2,750,000

223.53%

MLS

8/09/2004

Sold

$850,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 9533 James Madison

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,095

-5%

$644,900

—

2019

$6,409

10%

$644,900

—

2022

$5,837

-9%

$644,900

—

2020

$6,409

$643,400

—

2018

$6,332

-1%

$643,400

—

2019

$6,409

-7%

$643,400

-3%

2016

$6,926

$665,300

—

2015

$6,660

$665,300

—

2014

$6,600

—

$665,300

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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9533 James Madison, Warrenton, VA 20187 (MLS# VAFQ2012532) is a Commercial property. 9533 James Madison is currently listed for $1,750,000 and was received on May 30, 2024. Want to learn more about 9533 James Madison? Do you have questions about finding other Commercial real estate for sale in Warrenton? You can browse all Warrenton real estate or contact a Coldwell Banker agent to request more information.

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9533 James Madison Warrenton, VA 20187