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    Prime Main Street Commercial Space Title is generated by Realmo AI

    119 N MAIN Street, Woodstock, VA 22664

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    For Lease
    $1,400/Mo $16 SF/Yr (calc)

    CommercialLease - WOODSTOCK, VA

    Type:Office
    Property size:
    1,000 SF
    Lot size:
    0.28 Acres
    Added:
    Nov 28, 2025
    Days on Market:
    163
    Last Refresh:
    May 10 at 11:06 pm

    Property Features for 119 N MAIN Street

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking features
    On Street
    Standard status
    Active
    Size
    1,000 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Building materials
    Brick

    We can help!

    Listing Contact
    Abby L Walters

    Listing agent Abby L Walters License #0225090305

    Listing office Preslee Real Estate 365 E King Street, Strasburg, VA

    Listing date Nov 28, 2025

    MLS# VASH2013072

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Main Street location in downtown Woodstock with high visibility and strong exposure to pedestrian and vehicle traffic.
    • Flexible, customizable 1,000 sq ft open layout suitable for various business types.
    • Prominent storefront presence for enhanced signage and branding opportunities.
    • Convenient on‑street parking available.
    • Owner pays for water, sewer, and trash services.
    • Located in an established commercial corridor.

    Overview

    This commercial lease opportunity is located on Main Street in downtown Woodstock, VA. The highly visible storefront is positioned along one of Woodstock's established commercial corridors, offering strong exposure for retail, professional office, boutique, salon, studio, or service-based businesses. Tenant is responsible for verifying permitted use. The space features a flexible open layout that can be customized to suit a variety of business needs, along with a prominent storefront presence that enhances signage and branding opportunities. Steady pedestrian and vehicle traffic support strong day-to-day visibility in this central downtown location. The property provides approximately 1,000 square feet of leasable space, offering an efficient footprint for businesses seeking a strategic Main Street presence. Convenient on-street parking is available along Main Street. Limited off-street parking is located behind the building and is shared with neighboring commercial space and residential units on a first-come, first-served basis. The owner pays for water, sewer, and trash services. The tenant is responsible for electric and internet. The lot size is 0.278 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.5051254
    Latitude
    38.8824621

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    FAQs

    What type of property is this?
    Storefront property - Highly visible storefront in downtown Woodstock, suitable for various businesses.
    Where is this storefront property located?
    The property is located at 119 N MAIN Street Woodstock, VA.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: Prime Main Street location in downtown Woodstock with high visibility and strong exposure to pedestrian and vehicle traffic.; Flexible, customizable 1,000 sq ft open layout suitable for various business types.; Prominent storefront presence for enhanced signage and branding opportunities.
    (540) 227-4416
    We can help!
    Listing Contact
    Abby L Walters
    Real Estate License ID: 0225090305
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    119 N MAIN Street, WOODSTOCK, VA 22664
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