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Historic Storefront With Existing Lease
For Sale
$50,000

439 Railroad Ave, Keysville, VA 23947

Street-level commercial space in downtown Keysville with an in-place lease extending through January 2028.

Property Size5,964 SF
Price / SF$8.38
Days on Market41

Property Features for 439 Railroad Ave

General Information

Standard status Active
Size 5,964 SF

Building Details

Year Built 1900
Listing Agency: Motleys Real Estate
Listed By: Carly Hancock · License #0225238313
Source: Exprealty
Added: Jun 26 Changed: Aug 4 Last Checked: Aug 4 at 6:01AM

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 Motleys Real Estate

Investment Insights

Based on property information with market context.

This storefront property provides 5,964± square feet of street-level retail space in downtown Keysville. Constructed in 1900, the building retains historic character and is being offered in its current as-is condition. An existing lease runs through January 2028 and includes an annual rent escalator, providing an established income stream for the current term.

The property is eligible for Federal and State Historic District designation, which may support access to rehabilitation tax credits of up to 45%, historic preservation grants, and other redevelopment incentives. Its downtown setting and historic building profile provide a foundation for continued retail use and preservation-oriented redevelopment.

Key Highlights

  • 5,964± square feet of street‑level retail space
  • Existing lease in place through January 2028
  • Annual rent escalator included in the lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Cafe & Coffee Shop

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

157
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Groceries 34% Dining 24% Home Improvements & Furnishings 5%
Food Lion Grocery Store Groceries
13,166 visits/mo 0.5 miles
Burger King Dining
9,134 visits/mo 0.5 miles
Dollar General Shops & Services
4,990 visits/mo 0.3 miles
Family Dollar Shops & Services
4,288 visits/mo 0.4 miles
Exxon Shops & Services
3,535 visits/mo 0.2 miles

Demographics for 23947, VA

4,119
Population
2,068
Households
2
Avg Household Size
47
Median Age
15%
College-Educated
81%
High-School Grad
145.0 sq mi
ZIP Area
28
Density / Sq Mi
$53,750
Median Household Income
$28,924
Median Earnings
$658
Median Rent
$148,300
Median Home Value

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

  • Blooms by Shannon 139 King St, Keysville, VA 23947

Frequently Asked Questions

What type of property is this?
Storefront property - Street-level commercial space in downtown Keysville with an in-place lease extending through January 2028.
Where is this storefront property located?
The property is located at 439 Railroad Ave Keysville, VA.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 5,964± square feet of street‑level retail space; Existing lease in place through January 2028; Annual rent escalator included in the lease
More about this property
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