Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    40 Main St Mathews, VA 23109

    For Sale
    $425,000

    Purchase,Commercial/Industrial - Mathews, VA

    Property size:
    8,916 SF
    Lot size:
    0.56 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 40 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Inside Storage
    Size
    8,916 SF
    Lot size
    0.56 Acres

    Utilities

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

    Building Details

    Year built
    1950
    Flooring type
    Tile
    Building materials
    Brick
    Architectural style
    Other

    Morgan & Edwards Real Estate (804) 725-1951 [email protected]

    Listing agent Renee Edwards (804) 725-1951

    Listing date Nov 18, 2025

    MLS# 10593012 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Main Street Storefront and Warehouse

    This commercial and industrial property, known as the "Star of Main Street," features a stunning storefront with long frontage on Main Street. The brick building includes a large glass storefront and a small office in the back, along with warehouse space and a loading dock. Shelving and counters are present in both the front and rear of the building. Public water and sewer services are available. The property is equipped with oil heat and central air conditioning. Previously, a hardware store operated from this location. The property offers plenty of room for multiple businesses and is adjacent to a busy convenience store. Located in Mathews, Virginia, on the Chesapeake Bay, the property is situated in a town known as "The Pearl of the Chesapeake." Mathews County boasts the most waterfrontage of any county in Virginia. The 0.56-acre lot provides an opportunity to sell kayaks and other recreational items. The property size is 8916 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Building Supply Hair Salon Nail Salon

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

    Similar Places Nearby

    Unique Design florist

    Location Insight

    • Map
    • Local Demand
    City
    Mathews
    County
    Mathews
    State
    Virginia
    Longitude
    -76.3209072
    Latitude
    37.4364982

    Nearby Similar for Sale

    • $220,000
      1,715 SF

      Main Street Commercial Opportunity

      Remodeled commercial building with additional storage and separate building.
      26 Main St, Mathews, VA 23109
      View Details
    • $750,000
      1.50 Acres

      Mathews Village Commercial Property

      Prime Mathews location, versatile space, updated.
      498 Church St, Mathews, VA 23109
      View Details

    FAQs

    What type of property is this?
    Storefront property - Prime commercial/industrial property with storefront, warehouse, and loading dock.
    Where is this storefront property located?
    The property is located at 40 Main St Mathews, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Long frontage on Main Street with **large glass storefront.**; - Loading dock and warehouse space suitable for various businesses.; - Prime location adjacent to a busy convenience store.
    (804) 725-1951
    Request Owner's contact information
    40 Main St Mathews, VA 23109
    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.
    40 Main St
    Mathews, VA 23109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    40 Main St Mathews, VA 23109
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.