Main St Chincoteague, VA 23336
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for Main St
- Property type
- Commercial real estate
Description
This exceptional 2.54-acre waterfront property in Chincoteague, Virginia, presents a unique development opportunity. Situated along the island's renowned waterfront, this parcel boasts convenient access to existing city amenities and infrastructure. Chincoteague Island's status as a thriving tourist destination ensures strong potential for lucrative returns and long-term value appreciation. The property's strategic location benefits from the ongoing growth and expansion of adjacent markets, attracting regional, national, and international businesses. This presents a compelling investment opportunity for developers seeking to capitalize on the island's enduring appeal and the dynamism of its real estate market. The expansive acreage allows for a variety of development possibilities, catering to diverse commercial ventures. The proximity to established infrastructure simplifies the development process, minimizing potential hurdles and accelerating project timelines. This prime location offers unparalleled visibility and accessibility, maximizing the potential for attracting a wide range of clientele. Investors can leverage the established tourism infrastructure and the growing economic activity to create a successful and profitable venture. The opportunity to establish a presence in this vibrant coastal community is truly exceptional. Don't miss this chance to secure a piece of Chincoteague's thriving waterfront and build a legacy of success. The asking price is $2,800,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chincoteague
- County
- ACCOMACK
- State
- Virginia
- Longitude
- -75.3936
- Latitude
- 37.9169