bank for sale

Under $100K Sunday ~ c.1915 Converted Bank For Sale 20 Minutes From Chincoteague $95K – Sold

29344 Horsey Rd, Oak Hall, VA, 23416            $95,000 Sold for $95,000

c.1915 Converted Bank For Sale 20 Minutes From Chincoteague $95K

OHU50K NOTES

We featured this former bank back in March 2020 when it was sold for $85,000. It is now back on the market for $95,000.If you have ever visited Chincoteague on the Delmarva Peninsula of Virginia, you have probably noticed this old converted bank, or maybe its twin further south on Lankford Highway.

History

This wonderful brick building was built in 1915 as the Farmer Bank of Oak Hall, Virginia. It stood proudly in the community until it closed its doors in March 1927, a couple of years before the Great Depression.

The structure is one of the original Railroad Banks on the Eastern Shore of Virginia, and is one of the few still standing today. Like its twin down the highway, the building has been renovated as a vacation rental. You can find it on AirBnb. It currently rents for $115 per night. Located just 20 minutes from the wild ponies and ocean beaches of Chincoteague, this might make a good investment.

To window shop old houses of all price ranges, visit our sister site at oldhousecalling.com or the Facebook page Old House Calling.

 

home for sale

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Original Listing

29344 Horsey Rd, Oak Hall, VA 23416     

$85,000 ~ Contingent ~ Sold 

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REALTOR COMMENTS

Charm Overload near Chincoteague! You’ll absolutely love this charming & quaint 1 bedroom, 1 1/2 bath bungalow, located just minutes off of Rt 13!

This unique property was once the home of a local bank and has been tastefully renovated and remodeled to preserve its character. It offers lots of windows, spacious rooms, and high ceiling which lends to a more open feeling. Beautiful pine walls, ceilings, crown molding and chair railing, give this home warmth and character that can’t be duplicated.

Other features include hardwood and tile flooring, oak cabinetry, custom blinds and stainless steel appliances. This home provides so many possibilities and is perfect as an adorable primary home, weekend getaway, yearly rental unit or a vacation rental. Currently it is a successful rental through AirBnB.

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