for sale | special purpose chincoteague...

SSALE OALE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

Positioned on the corner of Main Street, there is a two-story brick buildingthat was originally built in 1930 and was added onto in 1957; it is currentlybeing used as a firehouse. On the ground level, there are four traditionaltruck doors leading into an open floor plan. The upper floor offers a banquetroom, full kitchen, meeting and office space, and restrooms. The building iscurrently being updated by the city for increased Main Street beautification,has access to the public sewer and water systems and is zoned inaccordance with an old town commercial district. The roof was replaced inJuly of 2016.

Please contact the listing office for more information regarding the property.

SALE PRICE: $1,260,000

LOT SIZE: 0.23 Acres

BUILDING SIZE: 13,260 SF

ZONING: Old Town CommercialDistrict

MARKET: Chincoteague, Virginia

SUB MARKET: The Delmarva Region

4028 Main Street, Chincoteague Island, VA 23336

CHINCOTEAGUE FIREHOUSEFOR SALE | SPECIAL PURPOSE

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

BEN ALDERBEN ALDER

Senior Land [email protected]

CHRIS DCHRIS DAAVISVIS

Senior [email protected]

ssvnmillervnmiller..ccomom




BEN ALDERBEN ALDER








BEN ALDERBEN ALDER





POPULAPOPULATIONTION 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TOTAL POPULATION 379 4,608 8,377

MEDIAN AGE 50.1 49.0 46.8

MEDIAN AGE (MALE) 49.5 47.5 44.3

MEDIAN AGE (FEMALE) 50.9 49.9 47.8

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES

TOTAL HOUSEHOLDS 190 2,232 3,820

# OF PERSONS PER HH 2.0 2.1 2.2

AVERAGE HH INCOME $59,856 $58,972 $58,955

AVERAGE HOUSE VALUE $263,826 $250,086 $234,204




BEN ALDERBEN ALDER





Ben AlderSenior Land AdvisorSVN | Miller Commercial Real Estate

Ben joined Sperry Van Ness – Miller Commercial Real Estate inDecember 2011 after working as a biologist for Ducks Unlimited and aland based real estate broker specializing in land and farm sales since2004. Ben developed his real estate business based on hisbackground in land use, real estate and natural resourcemanagement. With this foundation in brokerage Ben launched theSVN Land Group in 2015 along with Land Analyst Nick Campanaro.

Ben attended The George Washington University where he obtaineddegrees in Biology and Environmental Science and is working towardsa Master’s degree in resource management. Additionally, Ben isengaged in completing the Accredited Land Consulting designationoffered by the Realtor Land Institute to candidates that completespecific educational requirements and have a track record of successin land brokerage. Today, Ben serves as the Sperry Van Ness NationalCo-chair for the Land Product Council. In 2013, Ben was ranked #77 atSperry Van Ness International out of 800 brokers nationwide.

Ben’s services focus primarily on assisting clients to make sounddecisions about their land holdings and whether to buy, sell,conserve, hold or develop their land assets. Ben’s transactionalexperience has been focused on farmland and entitled land for anyarray of land uses. His background in resource conservation providesthe knowledge base to leverage conservation easement programsand Farm Bill related programs for clients buying and selling land.Additionally, his experience includes representing companies seekingland for renewable energy projects for solar, biomass and windrelated projects. Additional clients include timber investment realestate trusts in both Maryland and Delaware. Today, his land offeringscover Maryland, Delaware, and Virginia with over 70 properties thatSVN Land Group is representing.

To date, he has closed transactions on over 13,500 acres of landtotaling over $56M in sales since 2004. Utilizing a framework ofunderstanding of agriculture, resource conservation and land usedevelopment, Ben brings a unique skill set to each of his clients inhelping them achieve their investment and real estate managementgoals.

Phone: 410.543.2440

Email: [email protected]

Memberships & Affiliations

Realtor Land InstituteAccredited Land Consultant, Canditate

Fax: 410.543.1439

Cell: 443.865.1344

Address: 206 E. Main Street

Salisbury, MD 21801

Chris Davis




BEN ALDERBEN ALDER





Senior Advisor

Chris Davis serves as a Senior Advisor for Sperry Van Ness MillerCommercial Real Estate Company in Salisbury, Maryland and alsowith Sperry Van Ness Investec located in Jacksonville, Florida.

Davis specializes in self storage facilities, hospitality, and industrialproperties in Maryland and is also involved in properties in NortheastFlorida. Sperry Van Ness has appointed Chris to be part of the SperryVan Ness Self Storage National Team and also a member of theSperry Van Ness Florida Hospitality Team. With over 22 years ofexperience in the real estate business, Davis has developed orbrokered over $500 million in volume. "This is the only business Ihave ever been in since being 24 years old and straight out of college.I have been in all aspects of the business including brokering,developing, financing, operations and consulting. I have been throughthe highs and lows of this great business which I pass myexperiences to my clients, many brokers can't do that."

Prior to joining Sperry Van Ness, Davis was in many partnerships indevelopment projects and owned Davis Properties Inc. and DavisDevelopment Company, LLC which developed and owned many typesof commercial properties such as: business/office parks, climatecontrolled self storage facilities, shopping centers, a large wedding/hospitality facility, warehouse/manufacturing buildings and agerestricted retirement communities. Davis also brokered many retailand industrial properties for developers and owners in Maryland.

Davis majored in marketing at the University of Nevada Las Vegasand has served on community boards such as the Salisbury AreaChamber of Commerce and The Salisbury School a private collegepreparatory school. He is married and has two sons and now lives inSalisbury, Maryland.

SVN | Miller Commercial Real Estate

Phone: 410.543.2440

Email: [email protected]

Memberships & Affiliations

Self Storage AssociationFSSA

Fax: 410.543.1439

Cell: 443.523.4539

Address: 206 E. Main Street

Salisbury, MD 21801

CHINCOTEAGUE FIREHOUSE | 13,260 SF | CHINCOTEAGUE ISLAND, VA

DISCLAIMER


The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.

for sale | special purpose chincoteague...

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