4141 Main St - Hospitality FOR SALE


Chincoteague Island, VA 23336
$895,000 USD
757-710-1598
4141 Main St, Chincoteague Island, VA for Sale
$895,000 USD
Hospitality - FOR SALE
1/21
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4141 Main St
Chincoteague Island, VA 23336


HIGHLIGHTS

  • Waterview, Historic Downtown Location

OVERVIEW

The iconic Chincoteague Island bed & breakfast with a special history -- where Marguerite Henry stayed while while writing "Misty of Chincoteague" Miss Molly's Inn... the island's oldest and a VERY successful B&B! Great waterviews of Chincoteague Channel from the rooms and balconies... Tastefully decorated, offering 7 bedrooms each with its own unique character. Rooms with private baths, rooms with balconies, one with a private porch... Large common parlors, living spaces, dining room, many porches and decks, fireplace plus large courtyard AND lovely rocking chair-laden wraparound front porch! Situated in downtown Chincoteague! Conveys fully furnished, equipped and turn-key. Since recent owners have taken ownership, the income has more than doubled! What a great opportunity to own a piece of Chincoteague history!

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$256 USD /SF

# OF ROOMS

6

PRICE/ROOM

$149,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Miss Molly’s Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1894

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Commercial

APN/PARCEL ID

030-A5-A0-00-0407-C0,030-A5-A0-00-0409-00

ASK ABOUT THIS PROPERTY

Angie AbellBeach Bay RealtyMore Info
757-710-1598

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Angie AbellBeach Bay RealtyMore Info
757-710-1598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.