Historic Retail Building with
406 MILL ST Occoquan, VA 22125
406 MILL ST, Occoquan, VA, 22125
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For Sale
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Remodeled historic retail building with six rooms, two bathrooms, and a rear patio for merchandise or customer use.
Property Size1,500 SF
Price / SF$463.33
Days on Market89
Property Features for 406 MILL ST
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1750
Listing agency
Weber Rector Commercial Real Estate Services, Inc.
Listed by
George Charlton · License #VA 0225101931
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 5:55AM Checked: Jul 21 at 5:55AM
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 Weber Rector Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This remodeled historic retail building was originally built in 1750 and is listed on the historic register. The property offers approximately 1,500 square feet of retail space configured with six spacious rooms and two bathrooms. Customer-facing outdoor features include a 100-square-foot front porch and a 210-square-foot rear patio, which can support merchandise display or customer lounging.
The building is located on Mill Street in the heart of Occoquan’s historic district. Access is supported by convenient connectivity to major routes including Rt. 123, I-95, and Rt. 1.
The interior layout provides multiple flexible rooms within a historic shell, while the porch and rear patio add practical outdoor presence for a retail operation.
The building is located on Mill Street in the heart of Occoquan’s historic district. Access is supported by convenient connectivity to major routes including Rt. 123, I-95, and Rt. 1.
The interior layout provides multiple flexible rooms within a historic shell, while the porch and rear patio add practical outdoor presence for a retail operation.
Key Highlights
- 1,500 SF historic retail building built in 1750 and listed on the historic register
- Remodeled interior with 6 rooms and 2 bathrooms, offering flexible retail or boutique layouts
- 100 SF front porch and 210 SF rear patio for customer use or merchandise display
Local Financial Insights For Retail
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 | $42.3k | $28.20 |
| − Vacancy | −$1.2k | −$0.79 |
| EGI | $41.1k | $27.41 |
| − OpEx | −$12.3k | −$8.22 |
| NOI | $28.8k | $19.19 |
1,500 SF · lease $28.20/SF/yr · vacancy 2.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$411.2K
$359.8K – $479.7K
NOI $28,781 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$440.5K
$385.5K – $514.0K
NOI $30,837 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Remodeled historic retail building with six rooms, two bathrooms, and a rear patio for merchandise or customer use.
Where is this storefront property located?
The property is located at 406 MILL ST Occoquan, VA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1,500 SF historic retail building built in 1750 and listed on the historic register; Remodeled interior with 6 rooms and 2 bathrooms, offering flexible retail or boutique layouts; 100 SF front porch and 210 SF rear patio for customer use or merchandise display
