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    515 Yancey Ave South Boston, VA 24592

    For Sale
    $199,900

    Commercial/Industrial - Professional/Office, Business Service, Professional Service

    Days on Market:
    59
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 515 Yancey Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Heating system
    Heat Pump (Heating)

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Scotty Felton (888) 536-0216

    Listing date Oct 16, 2025

    MLS# 71531 Listing URL

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

    Overview

    South Boston Colonial Office Building

    Located in downtown South Boston, this brick Colonial building, originally the Carrington Memorial Library (circa 1935), offers a versatile space suitable for professional offices, a boutique, or a creative studio. The property features two offices, with the potential for a third, along with two bathrooms, a potential conference room, and a waiting area. The building is within walking distance of the post office, restaurants, and shops. Additional features include a slate roof, updated gutters, new security lighting, and a basement for storage. A small kitchen area and a detached storage building are also present. The property retains its original glass details, elegant lines, and craftsmanship. Sold as is.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    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
    -79.0269
    Latitude
    36.7012

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    FAQs

    What type of property is this?
    Office building - Classic Colonial office building in downtown South Boston, Virginia.
    Where is this office building located?
    The property is located at 515 Yancey Ave South Boston, VA.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Prime downtown South Boston location within walking distance of amenities.; - Classic brick Colonial architecture with historical significance (former Carrington Memorial Library).; - Versatile space suitable for offices, boutique, or studio with potential conference room.
    (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
    515 Yancey Ave South Boston, VA 24592
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