Miss Molly’s Inn

Property Address: 4141 Main Street
Chincoteague Island, Virginia 23336
Contact: Angela Abell, Broker
Beach Bay Realty
6202 Maddox Blvd
Chincoteague Island, VA 23336
Contact Email: angie@beachbayrealty.com
Contact Telephone: 757-710-1598
Contact Toll-free: n/a
Contact Fax: 757-336-3601
Property URL: https://missmollys-inn.com/
Listing URL: Listing Here
Date Business Established: 02/15/2024
Trade Association Affiliations: Chincoteague Chamber Of Commerce
Financials Verified: Yes

Area Description: Miss Molly’s Inn is a well-established, top-rated bed and breakfast located in the heart of downtown Chincoteague Island, Virginia. Marguerite Henry wrote her famous children’s book “Misty of Chincoteague” at Miss Molly’s in 1946, which draws many guests. In continuous operation as a B&B since 1984, this turnkey property offers 7 uniquely decorated guest rooms, each with private bath, upgraded luxury linens, smart TVs, high-speed internet, and new mini-split air conditioning—providing Victorian charm with all the modern comforts. Guests enjoy spacious common areas, a cozy foyer with working fireplaces, and beautiful outdoor spaces including a mature English garden, private courtyard, screened porch, and classic wraparound front porch. Just steps from shops, dining, and popular island attractions, the inn enjoys strong repeat business and year-round appeal. Fully furnished and equipped, Miss Molly’s Inn is ready for new owners to step in and continue its legacy of hospitality – with additional potential for future growth through event programming or expanded offerings.

Site Description: A rare opportunity to own a well-loved, top-rated bed and breakfast located in the heart of downtown Chincoteague Island, this viable iconic Chincoteague Bed & Breakfast has a special history. The Inn, where Marguerite Henry stayed in 1946 while writing “Misty of Chincoteague,” is the Island’s oldest and a very successful B&B offering great water views of the Chincoteague Channel from rooms and balconies. Miss Molly’s Inn is a turnkey business with a loyal base of repeat guests and an excellent reputation.  

Structural Description: A tastefully decorated Inn offering 7 Rooms each with its own unique character. Rooms with private baths, rooms with balconies, one with a private porch, Large common Parlors, Living spaces, Dining Room, Many Porches and Decks , Fireplace & Large Courtyard. Lovely Rocking Chair Wrap-Around Front Porch.

Ideally located just steps from shops, restaurants, and island attractions, this historic inn offers:

• 7 uniquely decorated guest rooms, each with private bath, upgraded luxury linens, smart TVs, high-speed internet, and new mini-split A/C units—offering Victorian charm with all the modern amenities
• Water views of the Chincoteague Channel from select rooms and five inviting outdoor porches
• Spacious common areas including parlors, a formal dining room, and a cozy foyer and sitting room complete with working fireplaces
• Featuring a mature English garden, private courtyard, screened porch, and classic wraparound front porch—perfect for outdoor relaxation and guest enjoyment

Offering: JUST REDUCED!$895,000$875,000. The inn conveys fully furnished and equipped, ready for new owners to step in and continue its success. With room to grow, there’s also potential to expand offerings or develop events to enhance future earnings.

An ideal opportunity to own a piece of Chincoteague’s history in one of Virginia’s most popular coastal destinations. For more information, contact Angie Abell at 757-710-1598.

Occupancy %: n/a
Average Daily Rate: n/a
Income from Room Sales: n/a
Property Taxes: n/a
Electric: n/a
Water & Sewer: n/a
Natural Gas/Propane: n/a
Insurance: n/a