Senior Advisor, Tonney Insley settles on the Assateague Market located at 7643 Stephen Decatur Highway, Berlin, MD. Tonney represented both sides of the deal, listing the property for a previous client, and securing a buyer resulting in a new client.
The market is the last stop before heading into Assateague Island’s State and National Parks. The market serves as a one-stop-shop for the millions of annual visitors at Assateague Island offering a variety of goods including a full-service deli, beach supplies, fishing gear, crab traps, beer, wine, souvenirs, camping necessities, and more!
In 2018, Assateaugue Island drew in 2,136,889 visitors according to the National Park Service. These visitors are also estimated to have spent $94,476,000 in communities near the park.
“Tonney’s local knowledge and guidance through the sale of our property is unmatched. We were happy to have a seamless transaction and for our markets legacy to live on with a new owner.” Says David Sharrof (Seller).
The buyers of the Assateague Market have plans to continue to run the business as a family and are eagerly waiting to open next season. The owner commented “First off, Tonney was easy to work with and helped throughout the way. For the market, we plan to bring our own personal touch with full renovations and a fresh look to this long-standing Assateague Island staple.”
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