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    589 Main St Warsaw, VA 22572

    Sponsored
    For Sale
    $499,000

    High-traffic Main St. location, 4,000 sq ft.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    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 Features for 589 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    4,000 SF
    Lot Size
    115,870 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Warsaw
    County
    Richmond
    State
    Virginia
    Longitude
    -76.75461
    Latitude
    37.9666

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    Nearby Similar for Sale

    • $499,950
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    FAQs

    What type of property is this?
    Retail property - High-traffic Main St. location, 4,000 sq ft.
    Where is this retail property located?
    The property is located at 589 Main St Warsaw, VA.
    What is the asking price?
    The asking price for this property is $499,000.
    (540) 775-6555
    Request Owner's contact information
    589 Main St Warsaw, VA 22572
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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
    589 Main St Warsaw, VA 22572
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