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4098 Main St Chincoteague, VA $ 1,550,000
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$ 1,550,000 Get more info
4098 Main St
$ 1,550,000
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4098 Main St

Chincoteague, VA, 23336
$ 1,550,000
Bedrooms-- Baths-- Sq 7,924

Monthly Estimate*

$ 9,787

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Commercial Property for sale in Chincoteague, VA

for $1,550,000. This 7,924 square foot building was built in 1940.

Commercial Investor Opportunity in Downtown Chincoteague! An exceptionally large commercial building on the island, the Village Mall is a well-established commercial center that has maintained near full occupancy for almost three consecutive years. The venue benefits from strong seasonal customer traffic and well-attended merchant events throughout the year such as Death by Chocolate, Search for the Shamrocks, the Christmas Parade, the Christmas Tree Lighting, and the Horseshoe Drop to name a few. A spacious, popular parking area directly outside enhances accessibility and foot traffic potential year-round. Flexible layouts throughout are ideal for retail, art studio, or office use. There are six units downstairs, six upstairs. 13 meters, one for hallway space & each shop has their own meter. Upstairs units have their own heat & a/c: baseboard heat or forced air heat & a/c units or forced air. Downstairs units each have their own mini splits. Owner has performed approximately $25,000 worth of improvements in the last four years as well as a number of improvements performed by individual tenants. Improvements include upgraded lighting throughout, mini split unit downstairs to replace the old rooftop unit, all new insulated duct work for the 2nd floor A/C and heat, updated exterior siding, and more. ATTENTION: All units are currently rented out. Please be courteous and do not disturb their businesses.

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Commercial Active

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial Sale

Year Built

1940

Town/City

Chincoteague

County/Region

Accomack

MLS | Web ID

72197
Features
General
Sewer Cesspool
Heating Electric Baseboard Forced Air-Electric Heat Pump(s) Other-See Remarks
Cooling Central A/C Wall Unit(s) Heat Pump
Parking 11+ Spaces
Water Public
current use Retail Office Business Service
Status Active Active
Year Built 1940
Subdivision CHINCOTEAGUE
Miscellaneous 220 Volts Business Opportunity
Location Central Business Area
Access City Street Paved Road
Area Accomack
City CHINCOTEAGUE
Listing Type Commercial
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Exterior
Exterior Brick Other
Waterfront NON-WATER
Lot Dimensions .11
Acreage <.5 acre +/-
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Interior
Floors Brick
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Internal Only
OriginalMLSID 72197
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* Excluded Features
List By
Dockside Properties

Broker

ben.clark1.h@gmail.com

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Affordability Calculator

$9,787
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,787
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2779429 Elementary School
2779430 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
9/18/2026 $1,550,000 Listed Price

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4098 Main St, Chincoteague, VA, 23336 is a Commercial Property for sale at $1,550,000 with 7,924 sqft. 4098 Main St was built in 1940. The property's zip code is 23336 which is in Chincoteague, VA

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