Listing Agency: Drucker + Falk

Listed By: Michael Shapiro · License #VA 0225028178 Show Phone

Source: Crexi

Added: May 3, 2024 Changed: Oct 7 Last Checked: Oct 16 at 6:41AM

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Investment Insights

Based on property information with market context.

The property at 6632 Main Street is a 15,000 square foot mixed-use building located in a thriving downtown community setting. Originally constructed in 1930 as an automobile dealership, the building was heavily renovated in 2009 by the current owner. The property offers off-street parking and a fenced rear yard, presenting several scenarios for owner-user or investment/redevelopment. The rear portion of the building features an open warehouse with high ceilings and good column spacing.

Key Highlights

• Large 15,000 sq ft mixed‑use building in a thriving downtown community.
• Offers several scenarios for owner‑user or investment/redevelopment.
• Open warehouse space with high ceilings and good column spacing.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Auto Parts Store Storage Facility Big Box & Wholesale Store Furniture & Home Goods

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

384

Businesses Nearby

Explore this area Business Placement

Demographics for 23061, VA

22,256

Population

10,045

Households

2.2

Avg Household Size

46

Median Age

28%

College-Educated

92%

High-School Grad

158.0 sq mi

ZIP Area

141

Density / Sq Mi

$91,547

Median Household Income

$48,392

Median Earnings

$1,199

Median Rent

$297,100

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - 15,000 SF mixed-use building in a thriving downtown community.

Where is this mixed-use property located?

The property is located at 6632 Main St Gloucester, VA.

What is the asking price?

The asking price for this property is $1,275,000.

What are key features of this property?

This property features: Large 15,000 sq ft mixed‑use building in a thriving downtown community.; Offers several scenarios for owner‑user or investment/redevelopment.; Open warehouse space with high ceilings and good column spacing.