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Multi-Tenant Mixed-Use Building
New
For Sale
$745,000

41 43 45 South Main Street, Kilmarnock, VA 22482

Two businesses operate under long-term leases, which a buyer must honor.

Property Size9,910 SF
Price / SF$75.18
Days on Market2

Property Features for 41 43 45 South Main Street

General Information

Standard status Active
Size 9,910 SF
Property subtype Commercial

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Sprinkler System Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $2,483

Building Details

Building Size 9,910 SF
Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Isabell K. Horsley R. E., Ltd.
Listed By: David & Katie Horsley Dew · License #0225069398
Source: Middlebayrealty
Added: Oct 29 Last Checked: Oct 29 at 2:35PM

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 Isabell K. Horsley R. E., Ltd.

Rey
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Investment Insights

Based on property information with market context.

This 9,910-square-foot mixed-use property in downtown Kilmarnock dates to 1900; the stated area includes outside spaces. Three businesses operate in the building. Chao Phraya and Popcorn Bag have long-term leases, and the buyer must honor those agreements. The seller owns Rivah Antiques & Accessories, which may be included in a successful sale.

Building improvements include a metal roof and a rear flat roof installed in April 2024, along with heat pumps installed in 2024. The restaurant has a walk-in cooler with a new compressor. Most commercial kitchen equipment, tables, and chairs convey with the restaurant. A commercial sprinkler system serves the entire building and has been inspected regularly.

Key Highlights

  • 9,910 square feet, including outside areas
  • Three businesses operate in the building
  • Chao Phraya and Popcorn Bag have long‑term leases that the buyer must honor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two businesses operate under long-term leases, which a buyer must honor.
Where is this mixed-use property located?
The property is located at 41 43 45 South 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 feet, including outside areas; Three businesses operate in the building; Chao Phraya and Popcorn Bag have long‑term leases that the buyer must honor
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