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    2037 L P Bailey Memorial Hwy Halifax, VA 24558

    For Sale
    $229,900

    Retail,Food Service,Commercial - Halifax, VA

    Property size:
    2,451 SF
    Days on Market:
    211
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 2037 L P Bailey Memorial Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    APN
    16140, 16152, 34651
    Size
    2,451 SF

    Utilities

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

    Building Details

    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Tile
    Building materials
    Block, Brick
    Roof type
    Composition
    Architectural style
    Other

    Long and Foster South Boston (434) 575-1100

    Listing agent Cathy Carter (434) 575-1100

    Listing date May 9, 2025

    MLS# 71041 Listing URL

    Copyright © 2025 Southern Piedmont Land & Lake Association 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

    Halifax Retail/Restaurant Opportunity

    This property presents an opportunity for business ownership, featuring a combination convenience and restaurant space that was remodeled in 2014. The kitchen is equipped with appliances, and the space includes an eating area and beverage coolers. The property is located in Halifax, VA, and offers 2451 square feet of living area. The zoning is 'C', allowing for commercial use, including retail and food service. The property is located at 2037 LP Bailey Memorial Hwy, Halifax, VA 24558.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Halifax
    County
    Halifax
    State
    Virginia
    Longitude
    -78.933471
    Latitude
    36.788165

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    FAQs

    What type of property is this?
    Grocery and convenience store - Remodeled convenience/restaurant space with appliances and fixtures included.
    Where is this grocery and convenience store located?
    The property is located at 2037 L P Bailey Memorial Hwy Halifax, VA.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Combination convenience/restaurant space offers versatile business potential.; - Remodeled in 2014, suggesting updated condition.; - Kitchen appliances are already in place.
    (434) 575-1100
    Request Owner's contact information
    2037 L P Bailey Memorial Hwy Halifax, VA 24558
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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
    2037 L P Bailey Memorial Hwy Halifax, VA 24558
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