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Chincoteague Island, VA Bed & Breakfasts for Sale

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Chincoteague Island Inn and Restaurant
Updated: Jan 31
Chincoteague Island Inn and Restaurant

6228 CHURCH ST, Chincoteague, VA 23336

$990,000
6,970 sqft 0.20 AC lot
Award‑winning Inn and Restaurant: Recognized as 'Best Bed and Breakfast' and 'Best Restaurant' for 2023‑2025.
Established and Successful Business: Acquire a highly successful and well‑recognized Inn and restaurant.
Prime Location: Situated in the heart of Chincoteague Island, Virginia.
Unique Guest Suites: Features 10 unique and thoughtfully appointed guest suites.
Updated Amenities: Includes a fully updated kitchen and 2 recently added suites.
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Historic Inn and Restaurant
Updated: Feb 3
Historic Inn and Restaurant

6228 Church St., Chincoteague Island, VA 23336

$990,000
6,970 sqft
Circa 1892 Channel Bass Inn and Restaurant on Chincoteague Island
10 unique guest suites with the addition of 2 new suites
On‑site restaurant operated with the inn
Fully updated kitchen
Awards noted for Best Bed and Breakfast and Best restaurant for 2023, 2024, and 2025
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Chincoteague Island, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Bed & Breakfast Inn
Turnkey Bed & Breakfast Inn

220 Church Street, Yorktown, VA 23690

$1,100,000
4,402 sqft 0.50 AC lot

Turnkey Yorktown inn with six guest suites, ensuite baths, and multiple suite entrances for private lodging stays.

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Turnkey Boutique Bed & Breakfast
Turnkey Boutique Bed & Breakfast

220 Church Street, Yorktown, VA 23690

$1,100,000
4,402 sqft

Turnkey inn with five guest suites, ensuite baths, and multiple kitchens and private exterior entrances.

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Historic Corner Mixed-Use Building
Historic Corner Mixed-Use Building

210 S High St, Baltimore, MD 21202

$1,300,000
4,500 sqft

Historic brick building built in 1870 with a major 2009 renovation, combining bed-and-breakfast and general retail use.

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Turn-Key Bed & Breakfast Opportunity
Turn-Key Bed & Breakfast Opportunity

210 S. High St, Baltimore, MD 21202

Contact for pricing
4,500 sqft

Three-story, 4,500 SF bed & breakfast in Little Italy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land on Route 3
Land on Route 3

Mary Ball Road, White Stone, VA 22578

$45,000
2.00 AC lot

Two-acre lot with road frontage, potential for B&B.

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Land with Rental Income Potential
Land with Rental Income Potential

1021-1025-1029 S 47 Route lot: 37,38,36, Rio Grande, NJ 08242

$1,299,900

Large parcel zoned for business with existing rental income.

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Wooded Lot Near Harrison Lake
Wooded Lot Near Harrison Lake

TBD09 Kimages Road, Charles City, VA 23030

$99,850
4.60 AC lot

4.6 acre wooded lot perfect for Airbnb or family home.

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Waterfront Multifamily with Marina Slips
Waterfront Multifamily with Marina Slips

555 N Maryland Ave, Atlantic City, NJ 08401

$1,200,000

Waterfront multifamily with commercial marina zoning, 5 deep-water boat slips, and updated roof, boiler, and HVAC.

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Chincoteague Island, VA Bed & Breakfasts Market Trends and Statistics

Explore 2 bed & breakfasts for sale in Chincoteague Island, VA on our real estate platform. These investment opportunities span a total of 13,940 square feet of properties for sale, with an estimated market value of $1,980,000.

Sale prices for inns in Chincoteague Island, VA average $990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 1

Demographics Overview

Population 3,905
Population Growth (5Y) +17.7%
Median Household Income $66,375
College Educated 51.6%

Taxes & Financing

Tax Rate (average for all types) 0.38%
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Accomack County

New Delisted

Total CRE Inventory on Market (SF)

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