3649 Willow St Chincoteague, VA 23336
For Sale
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Property summary
Investment opportunity in Chincoteague, VA! This 7,200 square foot executive office building, situated on a 0.52-acre lot at 3649 Willow St, is priced at $550,000 ($76.39/sq ft). Built in 1940, the property features 11 parking spaces and a handicap ramp. The building is a block structure with two customer bathrooms and an alternative septic system installed in 2007. The property is being sold "as-is," and requires a new roof and other repairs at the buyer's expense. Currently, a tenant operates a bowling alley business (not included in the sale) and may be interested in a two-year leaseback or a separate sale of their business and equipment. The property offers versatile potential for multiple retail stores, consignment shops, or office space. All measurements and details are approximate
Property profile
VerifiedCap rate & NOI
Current use
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Bowling Alley
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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