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Multi-Tenant Retail and Office Building
For Sale
$329,000

633 S MAIN STREET, Madison, VA 22727

Two-level building currently used by two tenants, with one lower-level space vacant, plus private parking for occupants and visitors.

Property Size960 SF
Days on Market49

Property Features for 633 S MAIN STREET

General Information

Standard status Active
Size 960 SF
Total Parking Spaces 8
Zoning COMMERCIAL

Taxes and HOA fees

Annual Taxes $889

Amenities

Central Air, Electric
Oil, Central
Electric Water Heater
Driveway, Parking Lot

Building Details

Building Size 960 SF
Year Built 1974
Stories 2
Listing Agency: Wolford And Associates Realty LLC
Listed By: Japreshia E Terrell
Source: Evrealestate
Added: Jul 18 Changed: Sep 3 Last Checked: Sep 4 at 3:38AM

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 Wolford And Associates Realty LLC

Investment Insights

Based on property information with market context.

This multi-tenant retail and office building is laid out across two levels and designed to accommodate up to three tenants. The property is currently occupied by two tenants, with one vacant space on the lower level, providing flexibility for additional occupancy or a mixed-use setup.

Located within town limits, the building offers convenient accessibility for businesses serving local customers. Private parking is available for tenants and customers, supporting day-to-day convenience for office and retail operations.

With its two-level configuration and multi-tenant design, the property can support a range of office, retail, or other professional uses, subject to applicable requirements.

Key Highlights

  • Two‑level commercial building built in 1974
  • Currently leased to 2 tenants with 1 lower‑level space vacant
  • Multi‑tenant design with space to accommodate up to three tenants total

Property Analytics

Current Use

Serenity Candles Home Decor Store Front Porch Salon Hair Salon

Suggested Use

Top Pick HVAC Service Building Supply Cafe & Coffee Shop Dental Office Florist Skin Care Clinic

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

191
Businesses Nearby

Demographics for 22727, VA

5,495
Population
2,509
Households
2.2
Avg Household Size
47
Median Age
28%
College-Educated
89%
High-School Grad
106.3 sq mi
ZIP Area
52
Density / Sq Mi
$70,694
Median Household Income
$33,846
Median Earnings
$1,074
Median Rent
$350,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two-level building currently used by two tenants, with one lower-level space vacant, plus private parking for occupants and visitors.
Where is this office units located?
The property is located at 633 S MAIN STREET Madison, VA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two‑level commercial building built in 1974; Currently leased to 2 tenants with 1 lower‑level space vacant; Multi‑tenant design with space to accommodate up to three tenants total
More about this property
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