Wallops Island VA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
884
Status:
NEW LISTING
MLS#:
VAAC2003304
Type:
Mixed Use
Lot size:
0.54 Acres
Year built:
1965
Courtesy: Long & Foster Real Estate, Inc. 757-564-2600
View additional info

ADDITIONAL INFORMATION

Prime commercial location with excellent visibility along Atlantic Road in Wallops Island! Situated along a well-traveled main corridor near Royal Farms, this unique property offers an appealing opportunity for business owners and investors seeking a convenient, accessible location for a storefront, professional office, personal service business, or other potential commercial use. Currently operating as a hair salon, the commercial building features a versatile floor plan with multiple rooms suitable for individual workspaces, treatment areas, or private offices, along with a kitchenette, full bathroom, utility area, and a spacious sunroom filled with natural light. Improvements include ceramic tile flooring installed approximately 2008, vinyl sunroom windows installed approximately 2008, and roof shingles replaced approximately 2018. Window AC units have been replaced as needed. Multiple storage sheds provide additional space for business equipment, supplies, or general storage. The adaptable layout also offers potential for conversion to residential living space, subject to applicable approvals. The sale includes an adjoining residential cottage occupied by a long-term tenant paying $600 per month, providing an existing source of rental income. The property has been surveyed, with drawings available, and the shared wastewater system includes a drain field installed approximately 2010 and an on-site pumping station. With its prominent location near Royal Farms, convenient access to Route 13, and proximity to Chincoteague Island, this property combines commercial potential with residential investment opportunities.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Wallops Island Real Estate

Wallops Island is located in Virginia. Wallops Island, Virginia has a population of 1,642.

The median household income in Wallops Island, Virginia is $50,795. The median household income for the surrounding county is $50,601 compared to the national median of $69,021. The median age of people living in Wallops Island is 58.5 years.

Wallops Island Weather

The average high temperature in July is 85.9 degrees, with an average low temperature in January of 28.5 degrees. The average rainfall is approximately 43.4 inches per year, with 7.5 inches of snow per year.

Wallops Island Map

Wallops Island Real Estate Market Conditions

  • Median sales price

    $632,000
    -3276800%
    change since last quarter
  • # Active listings

    3
    30-day change

Wallops Island Schools and Demographics

Education near Wallops Island, VA

City County
High School Graduates 92.56 82.28
College Degree - 2 year 9.42 7.78
College Degree - 4 year 39.15 21.01
Graduate Degree 12.36 6.74
Expenditures per Student 11,639 11,639
Students per Teacher 15.7 15.7

Elementary Schools near Wallops Island, VA

Grades Students P/T Ratio ZIP
Chincoteague Elementary School PK - 05 251 20.4 23336
Kegotank Elementary School PK - 05 623 21.5 23407
Metompkin Elementary School PK - 05 642 20.7 23421

Middle Schools near Wallops Island, VA

Grades Students P/T Ratio ZIP
Arcadia Middle School 06 - 08 493 14.3 23416

High Schools near Wallops Island, VA

Grades Students P/T Ratio ZIP
Arcadia High School 09 - 13 581 14.7 23416
Chincoteague High School 06 - 12 290 11.2 23336

Ungraded Schools near Wallops Island, VA

Grades Students P/T Ratio ZIP
Badger VOC Ed Center - North UG - UG 0 23416

Demographics near Wallops Island, VA

City County
Neighborhood Type Small Town
Population 1,642 33,388
Population Density 355 74
Median Age 58.5 47.1
People per Household 1.7 2.3
Median Household Income 50,795 50,601
Average Income per Capita 42,027 29,202

Real estate near Wallops Island