Multi-Tenant Retail and Restaurant
41 43 45 S Main Street Kilmarnock, VA 22482
41 43 45 S Main Street, Kilmarnock, VA, 22482
$820,000
For Sale
$820,000
COMMERCIAL - KILMARNOCK, VA
Property Size9,910 SF
Lot Size0.23 Acres
Price / SF$82.74
Days on Market814
Property Features for 41 43 45 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Standard status
- Active
- APN
- 23A-22H-1,1A,1B
- Size
- 9,910 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2483
Building Details
- Year built
- 1900
Listing Agency
Isabell K. Horsley R. E., Ltd.
(804) 758-2430
P.O. Box 44, Urbanna, VA
Listed by
David & Kathleen Dew · License #0225069398
(804) 436-3106
Added: Apr 26, 2024 Checked: Jul 18 at 9:06 am
MLS# 116127
Copyright © 2026 Northern Neck 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.
Investment Insights
Based on property information with market context.
This multi-tenant storefront building is configured to support three businesses operating under long-term leases. Chao Phraya and Popcorn Bag are the currently leased tenants, while the seller owns Rivah Antiques & Accessories, which could convey with a successful sale. The property includes a commercial sprinkler system that has been inspected regularly. Recent capital improvements include a brand-new metal roof installed in April 2024, along with a new flat roof at the rear. Additional 2024 updates include new heat pumps, and a new compressor for a walk-in cooler tied to the restaurant operation. Selected commercial kitchen equipment, chairs, and tables for the restaurant are included with the sale, and the buyer must honor existing leases for all tenants.
Located in downtown Kilmarnock on South Main Street, the building’s reported 1909 fire survival is a notable part of its history. The listing notes that square footage includes outside areas.
For buyers or operators looking for a centrally positioned retail property with an in-place tenant base, the combination of multi-tenant occupancy, lease continuity requirements, and 2024 roof and HVAC improvements can simplify near-term property management. The current restaurant setup is also supported by included equipment and an operating mechanical system, subject to the existing lease structure.
Located in downtown Kilmarnock on South Main Street, the building’s reported 1909 fire survival is a notable part of its history. The listing notes that square footage includes outside areas.
For buyers or operators looking for a centrally positioned retail property with an in-place tenant base, the combination of multi-tenant occupancy, lease continuity requirements, and 2024 roof and HVAC improvements can simplify near-term property management. The current restaurant setup is also supported by included equipment and an operating mechanical system, subject to the existing lease structure.
Key Highlights
- Positive cash flow from 3 thriving businesses with long‑term leases in place.
- New metal roof (April 2024) and new flat roof in back.
- New heat pumps (2024) and new compressor for restaurant walk‑in cooler.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Northern Neck Popcorn ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Three established businesses under lease, with recent roof and 2024 mechanical updates, in a C-1 zoned downtown building.
Where is this storefront property located?
The property is located at 41 43 45 S Main Street Kilmarnock, VA.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Positive cash flow from 3 thriving businesses with long‑term leases in place.; New metal roof (April 2024) and new flat roof in back.; New heat pumps (2024) and new compressor for restaurant walk‑in cooler.
