Historic Mixed-Use Café &
31 MAIN STREET Sperryville, VA 22740
New
For Sale
$995,000
Historic Engham House includes a ground-floor coffee shop, upstairs offices, and a second-floor vacation rental apartment.
Property Size3,846 SF
Price / SF$258.71
Days on Market7
Property Features for 31 MAIN STREET
General Information
Standard status
Active
Size
3,846 SF
Property subtype
Commercial
Building Details
Year Built
1858
Listing Agency:
Cheri Woodard Realty
(540) 987-8500
Listed By:
Cheryl F Woodard
(540) 987-8500
Source:
Cummingsrealtors
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 29 at 6:04AM
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 Cheri Woodard Realty
Investment Insights
Based on property information with market context.
Before&After offers a rare mixed-use setup in the historic Engham House, a Virginia vernacular home built circa 1857 with a mercantile addition circa 1900. The ground floor is home to a turnkey, fully equipped and fully staffed coffee shop with an attendant commercial kitchen, serving coffee, artisanal baked goods, salads, soups, and sandwiches. The upper levels include three rental offices and a common restroom, accessed from a separate 24-hour entry that does not interfere with the coffee shop, along with a conference room available by request for office tenants.
A separate second-floor vacation rental apartment with its own secure electronic-lock access is currently available as a four-room Airbnb unit. The layout includes one bedroom, a living room/kitchen, entry room, and bathroom with shower, and it could be converted into a long-term rental apartment.
The property is registered as a Historic Building in the Sperryville Historic District on Main Street. The lot fronts the Thornton River, and the western terminal of the Sperryville River Trail is on the property. Recent updates noted include HVAC, water filtration, a metal roof, and siding repair and painting, along with replacement of both front and side porches and rebuilding of the stone retaining wall along the river with added stairs for guest access. The house includes 31 solar panels on the roof, and the listed price includes the turnkey operation and the historic real estate; some furniture and fixtures in the vacation rental apartment do not convey.
A separate second-floor vacation rental apartment with its own secure electronic-lock access is currently available as a four-room Airbnb unit. The layout includes one bedroom, a living room/kitchen, entry room, and bathroom with shower, and it could be converted into a long-term rental apartment.
The property is registered as a Historic Building in the Sperryville Historic District on Main Street. The lot fronts the Thornton River, and the western terminal of the Sperryville River Trail is on the property. Recent updates noted include HVAC, water filtration, a metal roof, and siding repair and painting, along with replacement of both front and side porches and rebuilding of the stone retaining wall along the river with added stairs for guest access. The house includes 31 solar panels on the roof, and the listed price includes the turnkey operation and the historic real estate; some furniture and fixtures in the vacation rental apartment do not convey.
Key Highlights
- Historic Engham House (c. 1857) with circa 1900 mercantile addition, registered in the Sperryville Historic District.
- Ground‑floor Before&After coffee shop with attendant commercial kitchen; turnkey, fully equipped and fully staffed.
- Upper‑level rental offices with 3 offices plus common restroom, accessed by a 24‑hour distinct entry; rent range $350–$450/mo.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $20.88 |
| − Vacancy | −$11.6k | −$3.03 |
| EGI | $68.7k | $17.85 |
| − OpEx | −$17.2k | −$4.46 |
| NOI | $51.5k | $13.39 |
3,846 SF · lease $20.88/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.14M
$1.87M – $2.49M
NOI $149,532 @ 7.0% cap · market cap 15.03%
Second Best
Office B
$735.6K
$643.7K – $858.3K
NOI $51,495 @ 7.0% cap · market cap 5.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Firth River Coffee Company — 3 River Ln, Sperryville, VA 22740
- Central Coffee Roasters — 11836 Lee Hwy, Sperryville, VA 22740
Frequently Asked Questions
What type of property is this?
Coffee shop - Historic Engham House includes a ground-floor coffee shop, upstairs offices, and a second-floor vacation rental apartment.
Where is this coffee shop located?
The property is located at 31 MAIN STREET Sperryville, VA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Historic Engham House (c. 1857) with circa 1900 mercantile addition, registered in the Sperryville Historic District.; Ground‑floor Before&After coffee shop with attendant commercial kitchen; turnkey, fully equipped and fully staffed.; Upper‑level rental offices with 3 offices plus common restroom, accessed by a 24‑hour distinct entry; rent range $350–$450/mo.
