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    316 N Main St Madison, VA 22727

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    For Sale
    $379,900

    Cape Cod style property suitable for residential or commercial use.

    Lot size:
    0.22 Acres

    Property Features for 316 N Main St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1935

    Source: Samson Properties Agent Bonnie S Coffey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Cod Mixed-Use Property

    This Cape Cod style property is suitable for residential and/or commercial use. It features a large kitchen, dining, and living combination area, along with hardwood floors. The property includes a spacious living room, a master bedroom, and laundry facilities on the main level. The kitchen and bathrooms were updated approximately 6 years ago. Original hardwood floors are present throughout the property. Paved parking is available. The property is located within walking distance to restaurants and other businesses. It is suitable for investors or for use as a home and/or office.
    Location Intelligence

    Current Use by Public Records

    Mixed-use 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
    Madison
    County
    Madison
    State
    Virginia
    Longitude
    -78.2600436
    Latitude
    38.3779589

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    FAQs

    What type of property is this?
    Mixed-use property - Cape Cod style property suitable for residential or commercial use.
    Where is this mixed-use property located?
    The property is located at 316 N Main St Madison, VA.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: - Walking distance to restaurants and businesses.; - **Master bedroom and laundry on the main level.**; - Updated kitchen and baths approximately 6 years ago.
    (540) 270-5362
    Request Owner's contact information
    316 N Main St Madison, VA 22727
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    Madison, VA 22727
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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
    316 N Main St Madison, VA 22727
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