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Two-Story Mixed-Use Building
For Sale
$399,900

201 S Main Street, Gretna, VA 24557

Commercial/Indust, Gretna, VA

Property Size10,004 SF
Lot Size0.26 Acres
Price / SF$39.97
Days on Market291

Property Features for 201 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Directions S Main Street to #201.
Subdivision Pittsylvania
Standard status Active
APN 2530-16-3949
Size 10,004 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description MAIN ST .26 AC
Legal Description MAIN ST .26 AC

Amenities

ranges
refrigerators
insulated windows
central air and heat

Building Details

Year built 1993
Listing Agency: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS(R)
Listed By: Robert E Dawson · License #0225036912
Added: Nov 4, 2025 Changed: Aug 19 Last Checked: Aug 22 at 7:06AM
MLS# 362919

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story mixed-use building combines a street-level retail space with seven residential units on the second floor. The residential mix includes six efficiency apartments and one 1-bedroom unit. Each unit is equipped with ranges and refrigerators, and insulated windows. Heating and cooling for the apartments are provided by a separate heat pump, with central air and heat for resident comfort.

Located at 201 S Main Street in Gretna, Virginia, the property includes a main-level retail area that is currently vacant. The retail space has oil heat and central air. Owner-provided expenses include insurance, electricity for common areas, exterior maintenance, water/sewer, and property taxes. Showings can be scheduled prior to contract signing for one apartment unit and the street-level retail space.

For tenants and operators, the layout offers an opportunity to serve both commercial and residential needs in a single asset. The upstairs apartments provide a straightforward unit mix—efficiencies plus one 1-bedroom—while the ground-floor space supports retail leasing once occupied. Buyer approval is required at the time of inspections for the remaining residential units, with those units shown post-contract.

Key Highlights

  • Mixed‑use property featuring retail space and seven residential units.
  • Seven residential units: six efficiency apartments and one 1‑bedroom unit.
  • Each unit equipped with a range, refrigerator, insulated windows, central air, and heat.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office Electrical Service Garden Center Furniture & Home Goods

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

7
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 24557, VA

7,550
Population
4,121
Households
1.8
Avg Household Size
51
Median Age
12%
College-Educated
78%
High-School Grad
162.5 sq mi
ZIP Area
46
Density / Sq Mi
$44,948
Median Household Income
$35,633
Median Earnings
$792
Median Rent
$132,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with street-level retail space and seven apartments above, each with in-unit appliances and heat pump comfort.
Where is this mixed-use property located?
The property is located at 201 S Main Street Gretna, VA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Mixed‑use property featuring retail space and seven residential units.; Seven residential units: six efficiency apartments and one 1‑bedroom unit.; Each unit equipped with a range, refrigerator, insulated windows, central air, and heat.
More about this property
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