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Established Hotel & Restaurant For Sale
For Sale
$1,250,000

7 NORTH ST, Onancock, VA 23417

COMMERCIAL - ONANCOCK, VA

Property Size5,450 SF
Lot Size0.20 Acres
Price / SF$229.36
Days on Market169

Property Features for 7 NORTH ST

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision ONANCOCK
Directions hwy 13, west on 179, becomes Market ST. right on North street, property on left.
Standard status Active
APN 85A2-A-55
Size 5,450 SF
Lot size 0.20 Acres

Building Details

Year built 1900
Listing Agency: LEWIN & CARR INC., REALTORS
Listed By: IRENE LEWIN
Added: Mar 5 Changed: Aug 4 Last Checked: Aug 21 at 3:06AM
MLS# 67946

Copyright © 2026 Eastern Shore Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property features an established fine dining restaurant, bar, and boutique hotel. Known as the Charlotte Hotel & Restaurant, it has operated for 20 years. The property includes intimate seating for 33 dining guests, a full bar, 8 guest rooms, 9 restrooms, and a reception room. Recent upgrades include new heat and air conditioning, kitchen equipment, and a new roof. The property is located two blocks from the town marina and harbor. The building has a total area of 5450 square feet and is situated on a 0.2-acre lot. The property is suitable for commercial use.

Key Highlights

  • Established fine dining restaurant, bar, and boutique hotel with 20 years of successful operation.
  • Turn‑key business opportunity with excellent books and website included.
  • Recently updated with new heat & air, kitchen equipment, and roof.

Property Analytics

Current Use

The Charlotte Hotel and Restaurant Hotel & Motel

Suggested Use

Top Pick Plumbing Service Storage Facility Furniture & Home Goods Bakery Garden Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
3,751 visits/mo 0.5 miles

Demographics for 23417, VA

3,625
Population
2,511
Households
1.4
Avg Household Size
54
Median Age
30%
College-Educated
89%
High-School Grad
47.3 sq mi
ZIP Area
77
Density / Sq Mi
$71,207
Median Household Income
$36,831
Median Earnings
$1,035
Median Rent
$251,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Fine dining restaurant, bar, and boutique hotel in Onancock.
Where is this hotel located?
The property is located at 7 NORTH ST Onancock, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Established fine dining restaurant, bar, and boutique hotel with 20 years of successful operation.; Turn‑key business opportunity with excellent books and website included.; Recently updated with new heat & air, kitchen equipment, and roof.
More about this property
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