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Miss Molly’s Inn 4141 Main St

6 Room Bed and Breakfast Chincoteague Island, VA 23336 $939,000 ($156,500/Room)

Property Facts

Price $939,000
Price Per Room $156,500
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Bed and Breakfast
  • Hospitality Hotel
Building Class C
Lot Size 0.22 AC
Building Size 3,500 SF
No. Rooms 6
No. Stories 3
Year Built/Renovated 1894/1990
Parking Ratio 3.14/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Bed & Breakfast
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites

About 4141 Main St , Chincoteague Island, VA 23336

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!

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 $327.00 -
Guest Room 5 $232.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-A5-A0-00-0407-C0
Land Assessment
$10,000
Improvements Assessment
$0
Total Assessment
$10,000

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 33882496

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 4141 Main St, Chincoteague Island, VA 23336

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