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Hotels and Motels For Sale in Virginia
  • Hotels and Motels For Sale in Virginia

Charming Inn & Restaurant in Virginia

  • Listing Id: 9116
  • Broker Name: Peter Scherman
  • Category: Hotels and Motels
  • Asking Price: $1,295,000.00
  • EBITDA: $44,160.00
  • Real Estate: $989,000.00
  • Cash Flow: $94,340.00
  • Inventory: $1,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $450,000.00
  • FF&E: $101,713.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Onancock
  • State: VA
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

At the head of Onancock Creek leading to the Chesapeake Bay sits Onancock, on the Eastern Shore of Virginia. This watermen’s town is graced with countless positives, but perhaps the greatest is The Charlotte Hotel and Restaurant. Having been purpose built within the shell of an old existing building on North Street, The Charlotte Hotel is a thoroughly modern inn. Everywhere one looks, on walls, floors, hallways, and in frames, is the artistic handiwork of one of the owners, Charlotte Heath, whose creative design has added to the unique qualities of this property. Guests can enjoy simple but very comfortable rooms on the second and third floors (they even sell the mattresses, which are to die for!), but the cornerstone of the business is the restaurant.

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