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Downtown Mixed-Use Property
For Sale
$165,000

121 W Carolina Ave, Crewe, VA 23930

Retail space, rear storage, and an upstairs three-bedroom apartment occupy this established downtown commercial building.

Property Size5,200 SF
Price / SF$31.73
Days on Market30

Property Features for 121 W Carolina Ave

General Information

Standard status Active
Size 5,200 SF

Units

Unit Mix 1 x 3BR
Multifamily Units 1

Building Details

Year Built 1930
Buildings 1
Listing Agency: Lee Simmons Signature Realty
Listed By: Lee Simmons
Source: Riverfoxrealty
Added: Aug 1 Changed: Aug 29 Last Checked: Aug 29 at 4:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee Simmons Signature Realty

Investment Insights

Based on property information with market context.

Built in 1930, this mixed-use property combines an established drugstore layout with an upstairs residential unit. The main level provides approximately 4,100 square feet of retail space, supplemented by more than 1,000 square feet of dry storage at the rear. The upper level contains a 1,200-square-foot apartment with three bedrooms, a living room, kitchen, full bath, office area, and utility room.

The property is located at 121 W Carolina Ave in downtown Crewe, Virginia, within the community’s historic downtown district. Its configuration includes commercial space, storage, and residential accommodations in one building, with the interior layout offering the potential for division into multiple units as described in the property information.

Key Highlights

  • Approximately 4,100 SF of main‑level retail area
  • More than 1,000 SF of rear dry storage
  • 1,200‑square‑foot upstairs apartment

Property Analytics

Current Use

Crittenden's Drug, Inc. Pharmacy

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 46%
Hardee's Dining
13,890 visits/mo 0.2 miles
Dollar General Shops & Services
9,048 visits/mo 0.5 miles
Exxon Shops & Services
4,547 visits/mo 0.2 miles
Citizens Bank Shops & Services
2,467 visits/mo 0.0 miles

Demographics for 23930, VA

5,231
Population
2,678
Households
2
Avg Household Size
45
Median Age
20%
College-Educated
91%
High-School Grad
100.3 sq mi
ZIP Area
52
Density / Sq Mi
$59,693
Median Household Income
$40,625
Median Earnings
$952
Median Rent
$165,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space, rear storage, and an upstairs three-bedroom apartment occupy this established downtown commercial building.
Where is this mixed-use property located?
The property is located at 121 W Carolina Ave Crewe, VA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Approximately 4,100 SF of main‑level retail area; More than 1,000 SF of rear dry storage; 1,200‑square‑foot upstairs apartment
More about this property
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