Building Details

Tenancy Multi

Listing Agency: Coldwell Banker Advantage Littleton L***@gmail.com Show Phone

Listed By: LORRAINE ATKINSON · License #NC

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:26AM

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Investment Insights

Based on property information with market context.

The property contains three commercial spaces on the lower level and four apartments above. The commercial areas are currently leased for use by a nurse educator, a beauty and cosmetology school, and a community shelter. An additional lower-level space is occupied by the onsite building manager and is not leased. Each apartment includes one large bedroom, a large living and kitchen area, and one full bathroom. Two apartments are leased, while the other two have a waiting list. The property is being sold as-is.

Located on Jarratt Ave. near I-95, the building sits along a high-traffic road. The address is 205 Jarratt Ave., Jarratt, VA 23867.

Key Highlights

• Four upstairs apartments, each with one large bedroom, living and kitchen area, and one full bathroom
• Three lower‑level commercial spaces are currently leased
• Commercial tenants include a nurse educator, beauty and cosmetology school, and community shelter

Property Analytics

Current Use

Push Faith House Charitable Organization ALW Healthcare Training Training Center Jarrett Medical Center Medical Clinic

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Building Supply Auto Repair Shop Grocery & Convenience Store

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

Multi-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

Explore this area Business Placement

Demographics for 23867, VA

5,298

Population

1,167

Households

4.5

Avg Household Size

40

Median Age

10%

College-Educated

80%

High-School Grad

97.2 sq mi

ZIP Area

55

Density / Sq Mi

$70,372

Median Household Income

$42,403

Median Earnings

$1,034

Median Rent

$167,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Separate commercial and residential areas support multiple occupancy types.

Where is this mixed-use property located?

The property is located at 205 Jarratt Ave. Jarratt, VA.

What are key features of this property?

This property features: Four upstairs apartments, each with one large bedroom, living and kitchen area, and one full bathroom; Three lower‑level commercial spaces are currently leased; Commercial tenants include a nurse educator, beauty and cosmetology school, and community shelter