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1 Pine St Cape Charles, VA ^$ 550,000

1 Pine St

^$ 550,000

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Recently Listed

1 Pine St

Cape Charles, VA, 23310

^$ 550,000

Studio Baths0.0 Sq 1,200

Monthly Estimate*

^$ 3,842

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Studio

Commercial Property for sale in Cape Charles, VA

for $550,000. This 1,200 square foot building was built in 1925.

This beautifully renovated building is currently operating as a short term vacation rental with 2 units. Tax credits transfer and run through 2031. Each unit comes partially furnished and offers a living room, kitchenette area, 1 full bath with shower and 1 bedroom with king size bed. The current owner used higher end finishes in the renovation and the results are five* star reviews! Located in the center of town and 2 blocks to the beach. Park the car and forget about it! Possibility to build a second floor and create a live/work space. There are many opportunities for a number of business ventures in this unique property.

Commercial Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial Sale

Year Built

1925

Town/City

Cape Charles

County/Region

Northampton

MLS | Web ID

60467

Features

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Heat Pump

Roof Other

Parking Other-See Remarks

Water Public

current use Hotel/Motel

Zoning Commercial

Status Active Active

Year Built 1925

Subdivision CAPE CHARLES INCORP.

Miscellaneous Living Space Available Business Opportunity

Location Central Business Area

Access City Street Paved Road

Area Northampton

Virtual Tour tour.usamls.net/1-Pine-St-Cape-Charles-VA-23310/unbranded

City CAPE CHARLES

Listing Type Commercial

Street Name PINE ST

Exterior

Exterior Brick

Waterfront ACCESS TO WATER

Lot Dimensions 0.032

Acreage <.5 acre +/-

Interior

Floors Concrete Slab/Grade

Internal Only

OriginalMLSID 60467

* Excluded Features

List By

Coldwell Banker Harbour Realty

Broker

kweiner79@gmail.com

Affordability Calculator

$3,842

Per Month

Monthly Principal & Interest: $3,842
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Cape Charles, VA

Average List Price ^$1,160,613

Percent of Sale Price 111%

About Cape Charles, VA

1,191 Population

3% Since 2002

^$57,375 Median Income

51.2 Median Age

17% 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
5/7/2024	$550,000		Listed Price

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1 Pine St, Cape Charles, VA, 23310 is a Commercial Property for sale at $550,000 with 1,200 sqft. 1 Pine St is a studio with 0.0 baths and was built in 1925. The property's zip code is 23310 which is in Cape Charles, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

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 5/19/2024.

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1 Pine St

Commercial Property for sale in Cape Charles, VA

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