Property Description

Positioned on one of the most visible and desirable corners on Chincoteague Island, this fully renovated mixed-use property at Ocean Blvd and Main Street offers exceptional flexibility, income potential, and long-term value. Zoned C-2 commercial, the property is ideal for retail, office, restaurant, or service-based business use, while also allowing for residential opportunities. The first floor currently operates as commercial space but can be easily converted into a second apartment or short-term rental, creating multiple income streams under one roof. Upstairs, a charming 1-bedroom apartment features water views and abundant natural light — perfect for an owner’s suite, long-term tenant, or vacation rental. Additional highlights include a detached garage for storage or workspace, an enclosed porch, and a large deck ideal for relaxing or entertaining. Fully renovated in 2012, the building blends modern updates with island character, offering low maintenance and turnkey appeal. With premium corner exposure, strong foot and vehicle traffic, and flexible C-2 zoning, this property is a rare opportunity to live, work, and invest in one of Chincoteague’s most sought-after locations. Septic system is rated for 3BR.

Property Features

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