Chincoteague VA Commercial for Sale
$3,200,000
South Main Street Chincoteague, VA 23336
ADDITIONAL INFORMATION
Located along Chincoteague Island's famous waterfront, this 2.54 acre development opportunity offers myriad uses! Access to City amenities and infrastructure is available. A tourist destination, Chincoteague Island represents opportunity for lucrative returns and long-term value as adjacent markets continue to develop and expand, welcoming regional, national, and international businesses. Seize the chance to capitalize on the allure of Chincoteague Island and position yourself for success in this dynamic real estate market.
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Chincoteague Real Estate
The median home value in Chincoteague, VA is $253,100. This is higher than the county median home value of $163,200. The national median home value is $219,700. The average price of homes sold in Chincoteague, VA is $253,100. Approximately 24.56% of Chincoteague homes are owned, compared to 8.5% rented, while 66.94% are vacant. Chincoteague real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chincoteague real estate agent to arrange a tour today!
Chincoteague, Virginia has a population of 2,903. Chincoteague is less family-centric than the surrounding county with 16.33% of the households containing married families with children. The county average for households married with children is 21.15%.
The median household income in Chincoteague, Virginia is $48,861. The median household income for the surrounding county is $42,260 compared to the national median of $57,652. The median age of people living in Chincoteague is 54.4 years.
Chincoteague Weather
The average high temperature in July is 85 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 44.5 inches per year, with 7.9 inches of snow per year.