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3649 Willow St 7,200 SF Retail Building Chincoteague, VA 23336 $550,000 ($76.39/SF)

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INVESTMENT HIGHLIGHTS

  • RARE OPPORTUNITY! Commercial Building on highly visible, well traveled Willow Street with large parking lot.

EXECUTIVE SUMMARY

RARE OPPORTUNITY! Commercial Building on highly visible, well traveled Willow Street with large parking lot. Alternative septic system installed in 2007. Block building. Two customer bathrooms. NEEDS a new roof at purchasers expense. Building sold As-is. BOWLING business, alley, equipment & concession stand do NOT convey, property of the tenant. Tenant would like to rent back for 2 years or possible sale of business/equipment. Endless possibilities with this large building and property. Handicap ramp. All measurements, sq ft, year are approx., Buyers due diligence before contract. All showings MUST have at least 24 hours notice and have tenant approval, tenant will be on property for all showings. Buyers expense for all inspections, informational only.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,200 SF
Building Class
C
Year Built
1940
Price
$550,000
Price Per SF
$76.39
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
C-1 - Neighborhood Commercial
Frontage
107’ on Willow Street

AMENITIES

  • Air Conditioning

NEARBY MAJOR RETAILERS

Atlantic Union Bank
PNC Bank
Ymca

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-A5-A0-00-0595-00
Land Assessment
$266,300
Improvements Assessment
$265,500
Total Assessment
$531,800
  • Listing ID: 28028085

  • Date on Market: 3/21/2023

  • Last Updated:

  • Address: 3649 Willow St, Chincoteague, VA 23336

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