Live-Work Office Property with
63 Main Street Warrenton, VA 20186
63 Main Street, Warrenton, VA, 20186
$599,000
For Sale
$599,000
Tenant occupied through 2026 with a private rear patio within a flexible CB-zoned downtown setting.
Property Size1,008 SF
Price / SF$594.25
Days on Market77
Property Features for 63 Main Street
General Information
- Standard status
- Active
- Size
- 1,008 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1890
Listing agency
Pearson Smith Realty, LLC
(703) 307-9595
Listed by
Karen Smith
(703) 307-9595
Source
Xome
Added: May 6 Updated: Jul 21 at 12:15AM Checked: Jul 21 at 3:12AM
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 Pearson Smith Realty, LLC
Investment Insights
Based on property information with market context.
63 Main Street is a live-work and office property offering flexible CB zoning and a layout designed to support a variety of uses. The building includes an expansive private rear patio and garden, positioned just off Main Street for an outdoor retreat while remaining connected to downtown activity.
Located on historic Main Street in Warrenton, the property sits among boutique shopping, restaurants, cafes, professional offices, and community gathering spaces. The current tenant occupation runs through 2026, providing near-term income stability, and the owner states there may be interest in extending occupancy.
The property is shown by appointment only, and its downtown configuration makes it well-suited for buyers seeking a centrally located space with an unusually prominent private outdoor area.
Located on historic Main Street in Warrenton, the property sits among boutique shopping, restaurants, cafes, professional offices, and community gathering spaces. The current tenant occupation runs through 2026, providing near-term income stability, and the owner states there may be interest in extending occupancy.
The property is shown by appointment only, and its downtown configuration makes it well-suited for buyers seeking a centrally located space with an unusually prominent private outdoor area.
Key Highlights
- Tenant occupied through 2026
- Central air cooling and wood flooring
- Year built: 1890
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.2k | $30.00 |
| − Vacancy | −$2.1k | −$2.10 |
| EGI | $28.1k | $27.90 |
| − OpEx | −$10.5k | −$10.46 |
| NOI | $17.6k | $17.44 |
1,008 SF · lease $30.00/SF/yr · vacancy 7.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$251.1K
$219.7K – $293.0K
NOI $17,577 @ 7.0% cap · market cap 2.93%
Second Best
Office B
$192.8K
$168.7K – $224.9K
NOI $13,496 @ 7.0% cap · market cap 2.25%
Theoretical Best
Specialty Retail
$559.9K
$489.9K – $653.2K
NOI $39,191 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Love + Be Well ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Tenant occupied through 2026 with a private rear patio within a flexible CB-zoned downtown setting.
Where is this live-work space located?
The property is located at 63 Main Street Warrenton, VA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Tenant occupied through 2026; Central air cooling and wood flooring; Year built: 1890
