Property Summary
ONE SOUTH COMMERCIAL is pleased to offer for sale the Cape Charles Lofts – a charming 18-unit multifamily conversion of the historic Cape Charles High School in the heart of a thriving Eastern Shore beach town.
Cape Charles Lofts is situated in the heart of the in demand Historic District and next door to the hub of Cape Charles – Central Park. Residents enjoy a unique lifestyle combining small town and beach living and each unit is unique and spacious with high ceilings and large windows that allow in abundant sunlight. High end touches include hardwood floors, granite countertops, maple cabinets, stainless appliances and in-unit washer/dryers.
The secret is out on Cape Charles, Virginia, where there are no rentals currently available. Cape Charles is experiencing unprecedented demand as a place to live and visit. It offers small town-charm, beautiful beaches, and main street offerings from breweries to bookstores to theaters. People from all over the Mid-Atlantic and Northeast come here for easy living, where the daily news still includes a lost and found.
Prospective buyers can decide whether to run the Property as the only multifamily investment in the Cape Charles Historic District, convert the units to condominiums for sale at a market making price point, or enjoy the considerable rewards of the short term rental business. Completely redeveloped in 2011, the Property is in excellent condition and is awaiting your vision as the Town blossoms in the decades to come.
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Cape Charles Lofts | Apt 106 & 107
PROPERTY DETAILS
| Units | 18 |
|---|---|
| Const. Materials | Brick |
| Zoning Desc. | Special Use Permit / R-1 Underlying |
| Renovation Date | 2012 |
| Co-broker Fee | Yes |