4327* Katsetos Lane Chincoteague, VA ^$ 997,000

4327* Katsetos Lane

^$ 997,000

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4327* Katsetos Lane

Chincoteague, VA, 23336

^$ 997,000

Studio Baths0.0 Sq 5,608

Monthly Estimate*

^$ 6,626

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Studio

Commercial Property for sale in Chincoteague, VA

for $997,000. This 5,608 square foot building was built in 2002.

A NEW PRICE! And a great investment! Steve's Cottages opened in 2002. Located one street over from a primary commercial Blvd. Eight turn key cottages of 576 sq ft each with open space kitchen/living room, full bath & one bedroom with a bonus room, currently setup as 2 bedrooms. Each cottage is on a block foundation with heat and A/C. Large building in rear can be set up as office, laundry room, storage, breakfast space or retail shop with some improvements. Pool with decking for guests to enjoy after a busy day of Island exploring! Paved U shape drive. Picnic tables and many fruit trees for guest to pick figs, apples, chestnuts & more delight your guests on free time. Financials upon request with signed confidentiality agreement. All sizes approximate. Be a business owner this summer!

Commercial Active

Price

^$ 997,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,280

Style

Commercial Sale

Year Built

2002

Town/City

Chincoteague

County/Region

Accomack

MLS | Web ID

55844

Features

General

Sewer Septic System

Heating Forced Air-Electric Other-See Remarks

Cooling Central A/C

Roof Composition

Parking 11+ Spaces

Water Public

current use Hotel/Motel

Zoning Commercial

Status Active Active

Year Built 2002

Subdivision CHINCOTEAGUE

Miscellaneous Reception Area Equipment Included Inventory Included Business Opportunity

Location Freestanding Inside Lot Other-See Remarks

Access Paved Road

Area Accomack

Virtual Tour tour.usamls.net/4327-Katsetos-Lane-Chincoteague-VA-23336/unbranded youtu.be/JM_BRJb2lAs

City CHINCOTEAGUE

Listing Type Commercial

Street Name KATSETOS LANE

Exterior

Exterior Frame Block

Waterfront NON-WATER

Lot Dimensions .74*

Acreage .5-.9 acre +/-

Interior

Floors Vinyl Tile Carpet

Number of Restrooms 9

Internal Only

OriginalMLSID 55844

* Excluded Features

List By

Dockside Properties

Broker

sell336@yahoo.com

Affordability Calculator

$7,566

Per Month

Monthly Principal & Interest: $6,626
Monthly Property Taxes: $940
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chincoteague, VA

Average List Price ^$1,047,850

Percent of Sale Price 5%

About Chincoteague, VA

2,861 Population

-34% Since 2002

^$47,829 Median Income

53.1 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2779429 Elementary School

2779430 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$997,000	-13.30%	Price Down
2/27/2024	$1,150,000	-4.17%	Price Down
5/9/2022	$1,200,000		Listed Price

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4327* Katsetos Lane, Chincoteague, VA, 23336 is a Commercial Property for sale at $997,000 with 5,608 sqft. 4327* Katsetos Lane is a studio with 0.0 baths and was built in 2002. The property's zip code is 23336 which is in Chincoteague, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of the Eastern Shore Association of Realtors Multiple Listing Service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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4327* Katsetos Lane

Commercial Property for sale in Chincoteague, VA

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