Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Store and Apartment Title is generated by Realmo AI

    1225 Dante Road, Saint Paul, VA 24283

    View on Map
    Claim this Listing
    New
    For Sale
    $150,000

    COMMERCIAL - Saint Paul, VA

    Property size:
    2,240 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $66/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for 1225 Dante Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Gen Commercial
    Standard status
    Active
    APN
    158r 2599
    Size
    2,240 SF
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Annual Amount
    415

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Baseboard
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Building materials
    Block, Wood Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Andrew Mallory

    Listing agent Andrew Mallory License #0225268836

    Listing office ReMax Cavaliers Wise 124 W Main St, Wise, VA

    Listing date Jun 3, 2026

    MLS# 9996304

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use building used to be the site of Hanging Rock Market, with retail/restaurant space downstairs and a 2‑bed, 1‑bath apartment upstairs
    • Downstairs features versatile small store/restaurant space
    • Upstairs offers a 2‑bedroom, 1‑bath apartment
    • Utilities include cable available; water source is public and sewer is a septic tank
    • Exterior construction includes block and wood siding; roof is shingle
    • Heating is baseboard and cooling is via ceiling fan(s)

    Overview

    This mixed-use property offers a versatile small store or restaurant space on the first level, paired with a surprisingly spacious 2-bed, 1-bath apartment upstairs. The building is being offered for sale for the first time, and it was previously the site of Hanging Rock Market. With two distinct areas for commercial and residential use, the layout can support a small business while also providing on-site living or rental income opportunities.

    The property is located close to downtown St Paul in Russell County, with shopping, restaurants, a park, and other small-town amenities nearby. Access is straightforward for a neighborhood retail concept, and the listing notes it is two doors down from the New Stop Mart gas station. The commercial zoning is identified as Gen Commercial.

    For tenants, buyers, or operators seeking a small, neighborhood-oriented storefront, this arrangement can fit uses such as a general store, coffee shop, or similar service retail, while also accommodating the option of an upstairs residential unit. The combination of street-level space and a complete apartment supports flexible ownership and multi-use planning within a small footprint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Auto Repair Shop Auto Parts Store Department Store Food Market Grocery & Convenience Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Wise
    State
    Virginia
    Longitude
    -82.285169
    Latitude
    36.922805

    Nearby Similar for Sale

    • $59,900
      1,000 SF

      Refreshed Commercial Building in St. Paul

      Newly refreshed commercial building in the heart of St. Paul.
      16557 Broad Street, Saint Paul, VA 24283
      View Details
    • $575,000
      10,000 SF

      Established Mobile Home Park

      Well-maintained mobile home park with long-term tenants in Saint Paul.
      Phillips Road, Saint Paul, VA 24283
      View Details

    FAQs

    What type of property is this?
    Storefront property - A downstairs small store or restaurant space with a separate 2-bed, 1-bath apartment upstairs in a Gen Commercial zone.
    Where is this storefront property located?
    The property is located at 1225 Dante Road Saint Paul, VA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Mixed‑use building used to be the site of Hanging Rock Market, with retail/restaurant space downstairs and a 2‑bed, 1‑bath apartment upstairs; Downstairs features versatile small store/restaurant space; Upstairs offers a 2‑bedroom, 1‑bath apartment
    (276) 521-3462
    We can help!
    Listing Contact
    Andrew Mallory
    Real Estate License ID: 0225268836
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1225 Dante Road, Saint Paul, VA 24283
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!