589 Main St Warsaw, VA 22572-4282
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
TOWN OF WARSAW · Warsaw, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.