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Multi-Tenant Storefront Building
For Sale
$745,000

41 43 45 S Main Street, Kilmarnock, VA 22482

Residential, KILMARNOCK, VA

Property Size9,910 SF
Lot Size0.23 Acres
Price / SF$75.18
Days on Market900

Property Features for 41 43 45 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Subdivision Town of Kilmarnock
Standard status Active
APN 23A-22H-1,1A,1B
Size 9,910 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 2483

Building Details

Year built 1900
Listing Agency: Isabell K. Horsley R. E., Ltd.
Listed By: David & Katie Horsley Dew · License #0225069398
Added: Apr 26, 2024 Changed: Sep 16 Last Checked: Oct 12 at 4:06AM
MLS# 116127

Copyright © 2026 Northern Neck Association of Realtors. 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 9,910-square-foot storefront property contains three operating businesses within a 1900-built commercial building. Chao Phraya and Popcorn Bag occupy the property under long-term leases, while the seller owns Rivah Antiques & Accessories, which may convey with a successful sale. The transaction is subject to honoring the existing tenant leases.

Recent improvements include a metal roof installed in April 2024, a replacement flat roof at the rear, and new heat pumps installed in 2024. The restaurant area includes most commercial kitchen equipment, tables, chairs, and a walk-in cooler with a new compressor. A commercial sprinkler system serves the entire building and has undergone regular inspections. The property is zoned C-1 and encompasses 0.228 acres at 41, 43, and 45 S Main Street in Kilmarnock, Virginia.

Key Highlights

  • 9,910‑square‑foot storefront building on 0.228 acres
  • Three businesses occupy the building; Chao Phraya and Popcorn Bag have long‑term leases
  • Metal roof installed April 2024, with a new flat roof at the rear

Property Analytics

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Current Use

Northern Neck Popcorn ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Auto Repair Shop Storage Facility

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

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby
24k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 35% Groceries 28% Home Improvements & Furnishings 24% Dining 9%
Shell Shops & Services
6,934 visits/mo 0.3 miles
Virginia ABC Groceries
6,905 visits/mo 0.1 miles
Horn's Northern Neck Ace Home Improvements & Furnishings
5,791 visits/mo 0.1 miles
Domino's Pizza Dining
2,143 visits/mo 0.1 miles
Sunoco Shops & Services
1,579 visits/mo 0.0 miles

Demographics for 22482, VA

2,794
Population
2,152
Households
1.3
Avg Household Size
62
Median Age
35%
College-Educated
89%
High-School Grad
30.4 sq mi
ZIP Area
92
Density / Sq Mi
$49,733
Median Household Income
$43,657
Median Earnings
$815
Median Rent
$347,600
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic commercial building with three businesses, leased restaurant space, and updated roofing and mechanical systems.
Where is this storefront property located?
The property is located at 41 43 45 S Main Street Kilmarnock, VA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 9,910‑square‑foot storefront building on 0.228 acres; Three businesses occupy the building; Chao Phraya and Popcorn Bag have long‑term leases; Metal roof installed April 2024, with a new flat roof at the rear
More about this property
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