Downtown Retail & Restaurant
For Sale
$795,000
41 43 45 S Main Street, Kilmarnock, VA 22482
COMMERCIAL - KILMARNOCK, VA
Property Size9,910 SF
Lot Size0.23 Acres
Price / SF$80.22
Days on Market853
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.
(804) 758-2430
Listed By:
David & Katie Horsley Dew · License #0225069398
(804) 436-3106
Added: Apr 26, 2024
Changed: Aug 4
Last Checked: Aug 26 at 5:06PM
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 downtown mixed-use building is arranged to support multiple established businesses, with Chao Phraya and Popcorn Bag operating under long-term leases. The seller also owns Rivah Antiques & Accessories, which could convey with a successful sale, subject to the terms of the transaction.
The property includes updates made in 2024, including a brand-new metal roof and a new flat roof in the back, along with new heat pumps. Additional improvements include a new compressor for a walk-in cooler for the restaurant, and most commercial kitchen equipment, chairs, and tables are stated to convey with the restaurant. The entire building has a commercial sprinkler system that has been inspected regularly.
Zoned C-1, the building is offered with the requirement that a buyer must honor existing leases for current tenants.
The property includes updates made in 2024, including a brand-new metal roof and a new flat roof in the back, along with new heat pumps. Additional improvements include a new compressor for a walk-in cooler for the restaurant, and most commercial kitchen equipment, chairs, and tables are stated to convey with the restaurant. The entire building has a commercial sprinkler system that has been inspected regularly.
Zoned C-1, the building is offered with the requirement that a buyer must honor existing leases for current tenants.
Key Highlights
- Positive cash flow from 3 thriving businesses with long‑term leases in place.
- New metal roof (April 2024) and new flat roof in back.
- New heat pumps (2024) and new compressor for restaurant walk‑in cooler.
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For-sale downtown building with multiple leased businesses and recent roof, heat pump, and refrigeration upgrades.
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 $795,000.
What are key features of this property?
This property features: Positive cash flow from 3 thriving businesses with long‑term leases in place.; New metal roof (April 2024) and new flat roof in back.; New heat pumps (2024) and new compressor for restaurant walk‑in cooler.
