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Commercial Building on Main Street
For Sale
$299,000

507 N Main Street, Kilmarnock, VA 22482

Retail building with recent improvements in high-traffic location.

Lot Size0.31 Acres
Days on Market604

Property Features for 507 N Main Street

General Information

Standard status Active
Lot size 0.31 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1950
Listing Agency: Middle Bay Realty
Listed By: Kenny E. Kuykendall · License #0225058698
Source: Exitrealty
Added: Dec 4, 2024 Changed: Jul 6 Last Checked: Jul 23 at 7:57AM

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 Middle Bay Realty

Investment Insights

Based on property information with market context.

This commercial building, previously utilized as a retail seafood business, benefits from a location with high traffic. Recent improvements to the property include a new roof and a new HVAC system. All equipment currently on the premises is included in the sale. The property is located on North Main Street in Kilmarnock, Virginia.

Key Highlights

  • High‑traffic location ideal for commercial business.
  • Includes all existing equipment, ready for immediate use.
  • Recent improvements: new roof and HVAC system.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Garden Center Grocery & Convenience Store Bakery HVAC Service Barber Shop

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

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 27% Home Improvements & Furnishings 17% Electronics 2%
McDonald's Dining
17,467 visits/mo 0.4 miles
Wendy's Dining
10,034 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
8,310 visits/mo 0.3 miles
Exxon Shops & Services
7,672 visits/mo 0.2 miles
Pizza Hut Dining
4,454 visits/mo 0.2 miles

Demographics for 22482, VA

2,794
Population
2,152
Households
1.3
Avg Household Size
62
Median Age
35%
College-Educated
89%
High-School Grad
30.4 sq mi
ZIP Area
92
Density / Sq Mi
$49,733
Median Household Income
$43,657
Median Earnings
$815
Median Rent
$347,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building with recent improvements in high-traffic location.
Where is this retail space located?
The property is located at 507 N Main Street Kilmarnock, VA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: High‑traffic location ideal for commercial business.; Includes all existing equipment, ready for immediate use.; Recent improvements: **new roof and HVAC system**.
More about this property
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