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Renovated Mixed-Use Building
For Sale
$525,000

1002 Main street, Dillwyn, VA 23936

Two updated apartments complement first-floor commercial space with municipal water and sewer service.

Property Size3,452 SF
Days on Market126

Property Features for 1002 Main street

General Information

Standard status Active
Size 3,452 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,445

Building Details

Building Size 3,452 SF
Year Built 1960
Stories 2
Units 3
Listing Agency: Century 21 Realty @ Home
Listed By: JANET MILLER · License #0225178388
Source: Elliman
Added: Apr 27 Changed: Aug 30 Last Checked: Aug 30 at 2:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Realty @ Home

Investment Insights

Based on property information with market context.

Renovated mixed-use property combining a first-floor commercial area with two residential apartments above. The approximately 1,726-square-foot commercial level is configured for restaurant use and can accommodate a small business, studio, or retail operation. Municipal water and sewer serve the building.

Each upper-level apartment contains two bedrooms and one bathroom within approximately 700 square feet. Residential features include original hardwood flooring, walk-in closets, dishwashers, and washer/dryer hookups. The property was built in 1960 and occupies a prominent position along the town’s main corridor, with views toward the historic Buckingham Branch Railroad Station and town clock.

Shops, restaurants, churches, a pharmacy, and other everyday services are accessible on foot. The building’s combined commercial and residential configuration supports multiple occupancy arrangements, including use of one apartment while leasing the other and operating the commercial space.

Key Highlights

  • Approximately 1,726 SF of first‑floor commercial space configured for restaurant use
  • Two 2‑bedroom, 1‑bath apartments, each approximately 700 sq ft
  • Upper apartments include original hardwood floors, walk‑in closets, and dishwashers

Property Analytics

Current Use

Feed'N the Soul Restaurant Restaurant

Suggested Use

Top Pick Electrical Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 23936, VA

7,850
Population
2,656
Households
3
Avg Household Size
43
Median Age
10%
College-Educated
85%
High-School Grad
207.2 sq mi
ZIP Area
38
Density / Sq Mi
$55,569
Median Household Income
$36,102
Median Earnings
$827
Median Rent
$172,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two updated apartments complement first-floor commercial space with municipal water and sewer service.
Where is this mixed-use property located?
The property is located at 1002 Main street Dillwyn, VA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 1,726 SF of first‑floor commercial space configured for restaurant use; Two 2‑bedroom, 1‑bath apartments, each approximately 700 sq ft; Upper apartments include original hardwood floors, walk‑in closets, and dishwashers
More about this property
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