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    505/573 N Main St South Boston, VA 24592

    Sponsored
    For Sale
    $219,900

    Retail,Professional/Office,Professional Service,Commercial - South Boston, VA

    Property size:
    5,000 SF
    Days on Market:
    23
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 505/573 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B3
    APN
    4125
    Size
    5,000 SF

    Utilities

    Heating system
    See Remarks (Heating)

    Building Details

    Year built
    1901
    Floors in Building
    3
    Number of units
    1
    Flooring type
    Other
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    Long and Foster South Boston (434) 575-1100

    Listing agent Scotty Felton (434) 575-1100

    Listing date Dec 15, 2025

    MLS# 71529 Listing URL

    Copyright © 2026 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

    Historic Downtown Investment Opportunity

    This commercial building, constructed in the early 1900s, is located on the corner of N. Main and Broad Street in downtown South Boston. Historically, the building has housed a bank, dental office, photography studio, and insurance company. The property offers potential for mixed-use redevelopment, with the possibility of modern loft apartments on the upper two floors and retail, restaurant, or office space on the ground floor. The building's location and architectural style make it suitable for such a mixed-use project. The property is situated in Halifax County, which is experiencing growth due to expansions by companies such as Hitachi Energy and IperionX. The building offers approximately 5,000 square feet of space and is zoned B3. This property presents an opportunity to invest in the future of South Boston's historic district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -78.9013833
    Latitude
    36.6987486

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    FAQs

    What type of property is this?
    Mixed-use property - Charming commercial building in South Boston's historic district.
    Where is this mixed-use property located?
    The property is located at 505/573 N Main St South Boston, VA.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - Prime downtown location at the corner of N. Main and Broad Street.; - Mixed-use redevelopment potential: imagine loft apartments above, with retail, restaurant, or office space below.; - Historic building (built in 1901) with unique character and charm.
    (888) 536-0216
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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
    505/573 N Main St South Boston, VA 24592
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