Miss Molly’s Inn Bed and Breakfast for Sale

Miss Mollys Inn Bed and Breakfast for sale on Chincoteague Island, VA - #1

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: Chincoteague Island, a tiny fishing town off Virginia’s Eastern Shore, is steps away from the Atlantic Ocean by bridge to Assateague Island. The famous Chincoteague ponies live in the Chincoteague National Wildlife Refuge on Assateague Island, easily reached by bike or car from town. The Chincoteague Refuge is Virginia’s entrance to an undeveloped 37-mile-long beach. The National Park Service and Refuge offer ranger-led programs seasonally.

Spring and fall bird migrations are popular events but the biggest event for the area is held each July when the Chincoteague Volunteer Fire Company’s Pony Swim and Auction brings scores of spectators to the island town. Saltwater cowboys have been rounding up ponies and swimming them across the channel from Assateague Island to Chincoteague Island for auction since 1926.

Visitors to Chincoteague love to dig clams, watch oystermen and compete in saltwater fishing tournaments for cash prizes. “Patriot Oysters,” so named when Abe Lincoln sent a Union ship to protect the island’s seafood trade, are a must when dining on the island. Water lovers enjoy kayaking, charter fishing and nature cruising.

The Chamber hosts events year-round and a lively art scene plays out in galleries and at the restored Island Theatre. Next door on Wallops Island you can see rockets launched into space from the NASA Wallops Visitors Center.

With its variety of old-fashioned charms, Chincoteague has been called America’s #1 Beach Town; a “slam-dunk” for grandchildren and one of America’s best island towns.

Site Description: Located in Downtown Chincoteague Island, this viable iconic Chincoteague Bed & Breakfast has a special history. The Inn where Marguerite Henry stayed while writing “Misty of Chincoteague”, is the Island’s oldest and a very successful B&B. The Inn offers great waterviews from rooms and balconies of the Chincoteague Channel.  

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. 

Offering: Conveys Fully Furnished, equipped. & Turn-Key. Since recent owners have taken ownership, the income has more than doubled! What a great opportunity to own a piece of the Island’s History.

Miss Mollys Inn Bed and Breakfast for sale on Chincoteague Island, VA - #2

Miss Mollys Inn Bed and Breakfast for sale on Chincoteague Island, VA - #3

Miss Mollys Inn Bed and Breakfast for sale on Chincoteague Island, VA - #4

Miss Mollys Inn Bed and Breakfast for sale on Chincoteague Island, VA - #5

Miss Mollys Inn Bed and Breakfast for sale on Chincoteague Island, VA - #6

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

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