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Two-Story Mixed-Use Property
For Sale
$399,900

201 S Main Street, Gretna, VA 24557

Multi-Family, Gretna, VA

Property Size10,004 SF
Lot Size0.26 Acres
Price / SF$39.97
Days on Market302

Property Features for 201 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 6, Bathroom 4, Bathroom 5
Parking features On Street
Elementary school Gretna Elem
Middle school Gretna Midl
High school Gretna High
Elementary school district Pittsylvania
Middle school district Pittsylvania
High school district Pittsylvania
Directions S Main Street to #201.
Subdivision Pittsylvania
Standard status Active
APN 2530-16-3949
Size 10,004 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description MAIN ST .26 AC
Tax Annual Amount 2498
Legal Description MAIN ST .26 AC

Utilities

Heating system Oil, Heat Pump (Heating)
Cooling system Central Air, Electric, Heat Pump

Building Details

Year built 2004
Number of units 8
Listing Agency: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS(R)
Listed By: Robert E Dawson · License #0225036912
Added: Nov 4, 2025 Changed: Aug 27 Last Checked: Sep 2 at 3:06PM
MLS# 362917

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

Investment Insights

Based on property information with market context.

This 10,004-square-foot mixed-use property contains retail space at street level and seven residential units above. The apartment component includes six efficiency units and one one-bedroom unit. Each residence has a range, refrigerator, insulated windows, and central air and heat served by a separate heat pump. The retail area is currently vacant and has oil heat with central air.

The property occupies 0.26 acres at 201 S Main Street in Gretna, Virginia, within Pittsylvania County. On-street parking is available. The owner covers insurance, common-area electricity, exterior maintenance, water and sewer, and property taxes. Showings are available for one apartment and the retail space before contract signing; the other six apartments are shown after contract, subject to buyer approval for inspections.

Key Highlights

  • 10,004‑square‑foot mixed‑use building on 0.26 acres
  • Seven residential units: six efficiencies and one 1‑bedroom unit
  • Street‑level retail space is currently vacant

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office Electrical Service Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 24557, VA

7,550
Population
4,121
Households
1.8
Avg Household Size
51
Median Age
12%
College-Educated
78%
High-School Grad
162.5 sq mi
ZIP Area
46
Density / Sq Mi
$44,948
Median Household Income
$35,633
Median Earnings
$792
Median Rent
$132,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail space accompanies seven residential units in a two-story building.
Where is this mixed-use property located?
The property is located at 201 S Main Street Gretna, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 10,004‑square‑foot mixed‑use building on 0.26 acres; Seven residential units: six efficiencies and one 1‑bedroom unit; Street‑level retail space is currently vacant
More about this property
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