4188 Nelson Rd - Hospitality FOR SALE


New Church, VA 23415
$1,200,000 USD
757-710-1598
4188 Nelson Rd, New Church, VA for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/52
null | Request Cap Rate

4188 Nelson Rd
New Church, VA 23415


OVERVIEW

Exceptional opportunity to own an established bed-and-breakfast property situated on nearly five acres just off Route 13 near the Virginia–Maryland state line. Conveniently located within easy driving distance of Chincoteague Island, Wallops Island, and Ocean City, Maryland, this unique property offers tremendous potential for hospitality, events, dining, or future expansion. The property features nine guest rooms with the potential to add more, along with three homes, including a private owner’s residence conveniently located on-site. Guests can enjoy an in-ground swimming pool, hot tub, screened porches, fenced areas, and plenty of outdoor space. The acreage offers a wonderful combination of open land and wooded areas, providing both usable space and privacy. The inn previously operated a successful restaurant that was open to the public, creating an exciting opportunity to reintroduce dining, host weddings or special events, or develop a new business concept. Several outbuildings and garage spaces provide abundant storage. With multiple buildings, flexible living accommodations, generous acreage, and numerous potential income streams, this distinctive Eastern Shore property offers endless creative opportunities for its next owner.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$168 USD /SF

# OF ROOMS

8

PRICE/ROOM

$150,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden and Sea Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1870

PARKING SPACES

12

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

Commercial

APN/PARCEL ID

012-A0-A0-00-0060-00

ASK ABOUT THIS PROPERTY

Angie AbellBeach Bay RealtyMore Info
757-710-1598

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Angie AbellBeach Bay RealtyMore Info
757-710-1598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.