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Main Street Commercial Building Investment
For Sale
$925,000

408 S Main St, Farmville, VA 23901

Fully leased commercial building on Main Street in Farmville, VA.

Property Size5,095 SF
Price / SF$181.55
Days on Market135

Property Features for 408 S Main St

General Information

Standard status Active
Size 5,095 SF

Building Details

Year Built 1980
Listing Agency: RE/MAX Advantage Plus
Listed By: Tad Reynolds · License #0225235188
Source: Riverfoxrealty
Added: May 14 Changed: Sep 8 Last Checked: Sep 24 at 1:40PM

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 RE/MAX Advantage Plus

Investment Insights

Based on property information with market context.

This brick commercial building is located on Main Street in Farmville, Virginia. The property features four individual suites that generate income, making it suitable for investors. The building is fully leased with income from four tenants. Its location on Main Street provides high visibility and foot traffic. The property is within walking distance of Longwood University and Downtown Farmville. The location ensures tenant demand and long-term value. The building's potential uses include retail, office, or professional services. Farmville is developing as a regional hub. The walk score is 76, indicating it is very walkable, and the bike score is 34, indicating it is somewhat bikeable.

Key Highlights

  • Fully leased with stable income from four established tenants, providing a turnkey investment.
  • Prime Main Street location with high visibility and foot traffic.
  • Classic, low‑maintenance brick construction.

Property Analytics

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Current Use

Suzie's Zoo (Bike/Boat/Book/etc) Store Blimburn Seeds Store Agricultural Supply Ab-Salute Tax Solutions Tax Preparation

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Auto Repair Shop Auto Parts Store HVAC Service Veterinary 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

915
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 82% Shops & Services 12% Electronics 6%
McDonald's Dining
25,916 visits/mo 0.1 miles
Macado's Dining
12,817 visits/mo 0.4 miles
Chick-fil-A Dining
12,047 visits/mo 0.2 miles
Marathon Shops & Services
3,328 visits/mo 0.4 miles
Valero Energy Shops & Services
2,879 visits/mo 0.5 miles

Demographics for 23901, VA

14,967
Population
6,561
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
86%
High-School Grad
193.2 sq mi
ZIP Area
77
Density / Sq Mi
$51,992
Median Household Income
$30,813
Median Earnings
$878
Median Rent
$220,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Rochette's Florist LLC — 100 S Virginia St, Farmville, VA 23901

Frequently Asked Questions

What type of property is this?
Storefront property - Fully leased commercial building on Main Street in Farmville, VA.
Where is this storefront property located?
The property is located at 408 S Main St Farmville, VA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Fully leased with stable income from four established tenants, providing a turnkey investment.; Prime Main Street location with **high visibility and foot traffic**.; Classic, low‑maintenance brick construction.
More about this property
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