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    629 Mineral Ave Mineral, VA 23117

    For Sale
    $299,777

    Prime Commercial Space, Updated, 1150 sq ft

    Property size:
    1,150 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 1,150 square foot commercial property, located at 629 Mineral Avenue in Mineral, Virginia, presents a unique investment opportunity. Situated on three combined Mineral Town lots (17-19), this versatile space offers significant potential for a variety of uses. Currently zoned commercial, it's ideally suited for a local business or office space, or even a blend of residential and commercial use. The property boasts a recently completed renovation, including brand new plumbing and electrical systems, a modern kitchen, and a substantial addition. This comprehensive update ensures a move-in ready condition for any prospective tenant or owner. The flexible layout allows for either a two-bedroom residential configuration or a three-office commercial setup, providing adaptability to suit diverse needs. Ample off-road parking is available, with seven or more spaces accommodating employees or clients. The property's location in Mineral, VA, offers convenient access to local amenities and transportation routes. This turnkey property is priced at $299,777 and represents an excellent value in the current market. Don't miss this chance to acquire a meticulously updated and versatile commercial space with significant upside potential.

    Property Features for 629 Mineral Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,150 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineral
    County
    Louisa
    State
    Virginia
    Longitude
    -77.90909
    Latitude
    38.00467

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Space, Updated, 1150 sq ft
    Where is this commercial real estate located?
    The property is located at 629 Mineral Ave Mineral, VA.
    What is the asking price?
    The asking price for this property is $299,777.
    (540) 845-7247
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    629 Mineral Ave Mineral, VA 23117
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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
    629 Mineral Ave Mineral, VA 23117
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