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Mixed-Use Building with Upper-Level Apartment
For Sale
$79,500

25 S Main St, Chatham, VA 24531

TZ-zoned property combines a former bank space with an apartment above, formerly used as the bank manager’s living quarters.

Property Size5,808 SF
Price / SF$13.69
Days on Market1780

Property Features for 25 S Main St

General Information

Standard status Active
Size 5,808 SF
Property subtype Commercial
Zoning TZ

Taxes and HOA fees

Annual Taxes $355

Amenities

High Ceilings

Building Details

Building Size 5,808 SF
Year Built 1954
Buildings 1
Stories 3
Units 3
Listing Agency: WILKINS & CO., REALTORS, INC.
Listed By: James Buckner
Source: Manascorealty
Added: Dec 13, 2021 Changed: Oct 27 Last Checked: Oct 26 at 4:05AM

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 WILKINS & CO., REALTORS, INC.

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Investment Insights

Based on property information with market context.

This mixed-use property contains a former bank space at street level and an apartment above that originally served as the bank manager’s residence. The building measures 5,808 square feet and was built in 1954. Interior features include marble walls behind paneling, pressed-tin ceiling tiles above drop ceilings, and a vault that remains in place.

The property is at 25 S Main St in Chatham, with views of the town’s historic Main Street. It is zoned TZ.

Key Highlights

  • 5,808‑square‑foot mixed‑use building
  • Upper‑level apartment was originally the bank manager’s living quarters
  • Former bank interior includes a vault, marble walls behind paneling, and pressed‑tin ceiling tiles above drop ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Auto Repair Shop Skin Care Clinic

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

226
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Family Dollar Shops & Services
6,065 visits/mo 0.1 miles
Exxon Shops & Services
5,418 visits/mo 0.1 miles
El Cazador Dining
5,001 visits/mo 0.1 miles
First National Bank Shops & Services
1,627 visits/mo 0.2 miles

Demographics for 24531, VA

8,836
Population
3,994
Households
2.2
Avg Household Size
47
Median Age
16%
College-Educated
83%
High-School Grad
196.9 sq mi
ZIP Area
45
Density / Sq Mi
$46,706
Median Household Income
$32,062
Median Earnings
$773
Median Rent
$149,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - TZ-zoned property combines a former bank space with an apartment above, formerly used as the bank manager’s living quarters.
Where is this mixed-use property located?
The property is located at 25 S Main St Chatham, VA.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: 5,808‑square‑foot mixed‑use building; Upper‑level apartment was originally the bank manager’s living quarters; Former bank interior includes a vault, marble walls behind paneling, and pressed‑tin ceiling tiles above drop ceilings
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