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We have measured magnetic susceptibility and 51V NMR of CaV2O4, a model substance for a frustrated S = 1 spin chain with competing first- and second-neighbor anti-ferromagnetic interactions. Both the low-temperature magnetic susceptibility and the NMR Knight shift did not go down to zero as the temperature was lowered, suggesting that a spin gap is not present in CaV2O4. The absence of a spin gap gives us a clear contrast to the case of the nonfrustrated spin chains, which should have the Haldane gap. Recently published theoretical results for S = 1 XY or XXZ spin chain indicate that the gapless chiral phase could appear in a relatively broad region. Experimental results are discussed in terms of these theoretical predictions. A spin-freezing anomaly was observed at 20 K, reflecting the spin-frustrating nature of the system. PACS Nos.: 75.30, 75.50