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Versatile Retail Space
For Lease
$2,200/Mo

311 Main Street, Smithfield, VA 23430

Commercial/Industrial, Smithfield, VA

Space Size1,000 SF
Lot Size0.19 Acres
Days on Market59

Property Features for 311 Main Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning TOWN
Parking features Off Street
Subdivision ALL OTHERS AREA 65
Standard status Active
Size 1,000 SF
Lot size 0.19 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Amenities

restroom

Building Details

Year built 1895
Roof type Shingle
Listing Agency: Keller Williams Realty Twn Ctr
Listed By: Duncan Gardner
Added: Aug 1 Changed: Aug 19 Last Checked: Sep 28 at 3:06PM
MLS# 10646921

Copyright © 2026 Real Estate Information Network, Inc. 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 approximately 1,000-square-foot retail space occupies a commercial building constructed in 1895 and offers a practical layout for office, boutique, retail, and other commercial uses. The premises include one restroom, a shingle roof, heat pump heating, central air, and off-street parking. Zoning is TOWN.

Located at 311 Main Street in downtown Smithfield, the property is near local shops, restaurants, and community events. Water, sewer, and trash service are included in the lease, while the tenant is responsible for electricity. Additional office space may also be available, subject to confirmation.

Key Highlights

  • Approximately 1,000 square feet of retail space
  • TOWN zoning supports the commercial property classification
  • One restroom and flexible interior layout

Property Analytics

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Current Use

Laura & Lucy's Home Decor Store

Suggested Use

Top Pick Dental Office Electrical Service Auto Parts Store Bakery Big Box & Wholesale Store Garden Center

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby

Demographics for 23430, VA

18,232
Population
7,961
Households
2.3
Avg Household Size
47
Median Age
32%
College-Educated
93%
High-School Grad
104.1 sq mi
ZIP Area
175
Density / Sq Mi
$103,580
Median Household Income
$53,070
Median Earnings
$1,162
Median Rent
$347,700
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space with a flexible layout, restroom, included water, sewer, and trash service, plus off-street parking.
Where is this retail space located?
The property is located at 311 Main Street Smithfield, VA.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Approximately 1,000 square feet of retail space; TOWN zoning supports the commercial property classification; One restroom and flexible interior layout
More about this property
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