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Property profile & analytics
OFF-MARKET
Retail space

589 Main St Warsaw, VA 22572-4282

4,000 SF 2.66 ac lot Built 1980
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-2491990
Property summary
AI-generated overview

This exceptional 4,000 square foot commercial property, situated on a 2.66-acre lot at 589 Main Street in Warsaw, Virginia, presents a remarkable investment opportunity. The building boasts a striking brick exterior and features expansive storefront windows providing excellent visibility for any business. Inside, you'll find several well-appointed office spaces, ample storage areas, two full bathrooms, and a convenient half-bathroom. A fully functioning kitchen area adds versatility to the space. The property's zoning offers unique flexibility. The front portion of the 2.66-acre lot is zoned C-2, allowing for a variety of commercial uses, while the rear is zoned R-1, permitting limited residential possibilities. This strategic zoning maximizes the property's potential. Located on Main Street, this property benefits from high visibility and significant foot traffic, ensuring maximum exposure for your business. Warsaw is experiencing rapid growth, making this a particularly attractive investment in a dynamic and thriving community. This property is ready for immediate occupancy and presents a rare chance to acquire a valuable asset in a prime location. The combination of size, location, and zoning makes this an unparalleled opportunity for business owners and investors alike.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,000 SF
Lot 2.66 ac (115,870 SF)
Zoning code TOWN OF WARSAW
APN 16A2(A)29
UPID US87-2491990
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
John L Haynes JR · 1 yrs held
John L Haynes JR
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
TOWN OF WARSAW · Warsaw, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Development Code
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