14-Unit Hotel with Indoor
For Sale
$1,900,000
7023 MADDOX BLVD, Chincoteague, VA 23336
Commercial Sale, CHINCOTEAGUE, VA
Property Size9,072 SF
Lot Size0.95 Acres
Price / SF$209.44
Days on Market332
Property Features for 7023 MADDOX BLVD
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
CHINCOTEAGUE
Directions
From Rt. 13 turn onto VA-175 E, Chincoteague Rd. Continue Straight onto Maddox Blvd. Drive approx. 1 mile. At Traffic Circle, take the 3rd exit and stay on Maddox Blvd. 7023 Maddox Blvd is located on your left.
Standard status
Active
APN
See Notes
Size
9,072 SF
Lot size
0.95 Acres
Amenities
indoor heated swimming pool
Building Details
Year built
1980
Listing Agency:
Coastal Shore Real Estate - Chincoteague
(757) 336-5100
Listed By:
Jenny Barker · License #0225230234
(917) 612-8799
Added: Nov 8, 2025
Changed: Sep 8
Last Checked: Oct 6 at 2:06AM
MLS# 65438
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.
The property is a 9,072-square-foot hotel comprising 12 villas and 2 guest cottages, for a total of 14 accommodations. Built in 1980, the hotel includes an indoor heated swimming pool that supports operations across all seasons. The property is positioned as an established hospitality asset with multiple guest lodging formats.
Located at 7023 Maddox Blvd in Chincoteague, Virginia, the hotel is 1 mile from the National Wildlife Refuge and Assateague beaches. Its central island setting places the property near local attractions, while Commercial zoning supports its hospitality use.
Located at 7023 Maddox Blvd in Chincoteague, Virginia, the hotel is 1 mile from the National Wildlife Refuge and Assateague beaches. Its central island setting places the property near local attractions, while Commercial zoning supports its hospitality use.
Key Highlights
- 14 total accommodations: 12 villas and 2 guest cottages
- 9,072‑square‑foot hotel property
- Indoor heated swimming pool
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Explore this area
Business Placement
Demographics for 23336, VA
3,345
Population
4,495
Households
0.7
Avg Household Size
56
Median Age
37%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
173
Density / Sq Mi
$63,264
Median Household Income
$28,253
Median Earnings
$1,102
Median Rent
$326,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Commercially zoned hospitality property with year-round indoor recreation and a mix of villas and guest cottages.
Where is this hotel located?
The property is located at 7023 MADDOX BLVD Chincoteague, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 14 total accommodations: 12 villas and 2 guest cottages; 9,072‑square‑foot hotel property; Indoor heated swimming pool
