Commercial

7023 MADDOX BLVD

$1,900,000


  • MLS#: 65438
  • Address: 7023 MADDOX BLVD, CHINCOTEAGUE, VA 23336
  • County: Accomack
  • Subdivision: CHINCOTEAGUE
  • Building SQFT: 9072
  • Acres: .5-.9 acre +/-
  • Year Built: 1980
  • Zoning: Commercial

Location Location

Agent Comments Agent Comments
Exceptional Investment Opportunity! Discover The Reef Hotel, a boutique hotel on beautiful Chincoteague Island, VA- 1 mile from one of the most visited National Parks in the Country. This well-maintained hotel features 12 spacious villas & 2 charming guest cottages, offering a total of 14 income-generating accommodations. Guests can enjoy an indoor heated swimming pool, allowing the property year-round revenue. Ideally situated 1 mile from the National Wildlife Refuge & the pristine Assateague beaches, the property is centrally located on Maddox Blvd & all the Island's attractions. This is an outstanding opportunity for investors seeking an established & thriving hospitality business in a sought-after vacation destination. Don't miss out on this rare chance to own a premier property!

Interior Features Interior Features
  • Floors: Concrete Structural
  • Interior Features: Fixtures/Furniture
  • Heating: Electric Heating, Forced Air-Electric
  • Water: Public

Exterior Features Exterior Features
  • Roof: Wood Joists,Composition
  • Parking: 11+ Spaces

Additional Features Additional Features
  • County: Accomack
  • Waterfront Features: ACCESS TO WATER
  • Year Built: 1980
  • Zoning: Commercial
  • Lot Size: .95