Listing provided courtesy of Motleys Real EstateMLS# 2617203MLS Provider
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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.

Source: Central Virginia Regional, MLS#: 2617203

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  • Property Type
    Commercial Sale
  • Lot
    0.16 acres

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Chris Prince

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  • Median Age
    48
  • Population Density
    26
  • College Educated
    26%
  • Estimated Median Income
    $45,439
  • Estimated Total Home Owners
    876
  • Estimated Total Renters
    466
  • Owner / Renter Divide
    65% / 35%
  • Estimated Average Household Size
    3
  • Total Population
    3,461
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 455 Railroad Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: Central Virginia Regional Added to Database
June 26, 2026

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