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    8 Pruden St Chatham, VA 24531

    For Sale
    $250,000

    Retail,Professional/Office - Chatham, VA

    Property size:
    3,216 SF
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 8 Pruden St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    TZ
    APN
    2426-01-1323
    Size
    3,216 SF

    Utilities

    Heating system
    Baseboard
    Cooling system
    Central Air

    Building Details

    Number of units
    5
    Flooring type
    Carpet, Carpet - Full, Vinyl
    Building materials
    Brick, Stucco
    Roof type
    None
    Architectural style
    Other

    United Country Virginia Realty (434) 374-2011

    Listing agent Bear Davidson (434) 374-2011

    Listing date Oct 7, 2025

    MLS# 71505 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

    Income-Producing Property in Chatham

    Located in the heart of Chatham, Virginia, the property at 8 Pruden Street offers five rental units, including a beauty salon and four apartments. Each apartment has its own bathroom. The property is currently fully occupied with long-term renters, providing consistent income. This property, with a strong rental history and proximity to town amenities, is an opportunity for investors seeking immediate income. The building is suitable for retail or professional office use. The property size is 3,216 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Pittsylvania
    State
    Virginia
    Longitude
    -79.395952
    Latitude
    36.825608

    Nearby Similar for Sale

    • $150,000
      4,743 SF

      Chatham Mixed-Use Investment Opportunity

      Income-producing property with retail, warehouse, and residential units.
      29 Ctr St, Chatham, VA 24531
      View Details

    FAQs

    What type of property is this?
    Retail space - Five rental units in the heart of Chatham, Virginia.
    Where is this retail space located?
    The property is located at 8 Pruden St Chatham, VA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Excellent income-producing property with five rental units.; - Located in the heart of Chatham, near town amenities.; - All units are currently occupied with long-term renters, providing reliable cash flow.
    (434) 374-2011
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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
    8 Pruden St Chatham, VA 24531
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