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    1196 River Rd Henrico, NC 27842

    For Sale
    $695,000

    Retail,Professional/Office,Business Service,Professional Service,Food Service,Medical

    Type:Apartment
    Property size:
    4,326 SF
    Lot size:
    1.00 Acre
    Days on Market:
    110
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 1196 River Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Interior features
    Other-see Remarks
    Size
    4,326 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Roof type
    Composition
    Architectural style
    Other

    Lake Gaston Properties, LLC (434) 955-0704

    Listing agent Chad Barbour (434) 955-0704

    Listing date Aug 28, 2025

    MLS# 139992 Listing URL

    Copyright © 2025 Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property Near Lake Gaston

    This commercial property, currently housing Fresh Faces and the Gilded Fox, is available for purchase. The property fronts River Road and features a building originally constructed in 1970, with a significant expansion in 2006 that created over 4,000 square feet of space. The space is currently configured as a salon with nail technicians, a masseuse, and a retail shop. The salon business is thriving, and the seller is willing to convey all equipment. The property also includes a second floor with considerable unfinished space. The original building is being used as an apartment, offering the option for the buyer to live on-site or convert it into additional workspace. The property is situated on a 1-acre lot and features a large paved parking lot. Its high visibility and size make it suitable for various business ventures near Lake Gaston.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fresh Faces Nail Salon

    Suggested Use

    Electrical Service Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Northampton
    State
    North Carolina
    Longitude
    -77.828759
    Latitude
    36.533702

    Nearby Similar for Sale

    • $699,000
      1.00 Acre

      Adaptable Commercial Building Near Lake Gaston

      Modern, flexible commercial space in a thriving Lake Gaston location.
      171 Stanley Rd, Henrico, NC 27842
      View Details

    FAQs

    What type of property is this?
    Retail space - Large commercial property with retail, salon, and residential potential.
    Where is this retail space located?
    The property is located at 1196 River Rd Henrico, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Large commercial space (over 4,000 sq ft) suitable for various business ventures.; - Existing salon business with equipment included, offering immediate income potential.; - Opportunity to live and work on the property with an existing apartment in the original building.
    (434) 955-0704
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    Realmo Value Estimation

    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.

    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.

    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
    1196 River Rd Henrico, NC 27842
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