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    6632 Main St Gloucester, VA 23061

    Sponsored
    For Sale
    $1,400,000

    15,000 SF Mixed-Use Property, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,000 square foot mixed-use commercial building, located at 6632 Main Street in Gloucester, Virginia (zip code 23061), presents a unique investment or owner-user opportunity. Originally constructed in 1930 as an automobile dealership, this property underwent extensive renovations in 2009 by the current owner. Situated in a thriving downtown area, the building offers a blend of retail space and a substantial warehouse component. The asking price is $1,400,000. The property features ample off-street parking, a valuable asset in this location, and a fenced rear yard providing additional space and security. The warehouse section boasts high ceilings and well-spaced columns, ideal for various uses. The building's versatile layout allows for diverse scenarios, making it suitable for both owner-occupancy and redevelopment projects. Its prime location in Gloucester, Virginia, offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a growing community. This substantial property presents a rare opportunity to acquire a well-maintained, historically significant building with significant potential for future growth and profitability. The property's combination of retail and warehouse space, along with its ample parking and fenced yard, makes it a highly desirable asset in the Gloucester market.

    Property Features for 6632 Main St

    General Information

    Property type
    Mixed-use properties

    HighLights

    • 15,000 SF mixed‑use building at 6632 Main Street, Gloucester, VA 23061, asking $1,400,000.
    • Extensive 2009 renovations to a 1930 building.
    • Thriving downtown location with retail space and large warehouse.
    • Ample off‑street parking and fenced rear yard.
    • High ceilings and well‑spaced columns in warehouse.
    • Versatile layout suitable for owner‑occupancy or redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Gloucester
    State
    Virginia
    Longitude
    -76.5254072
    Latitude
    37.4134838

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    FAQs

    What type of property is this?
    Mixed-use property - 15,000 SF Mixed-Use Property, Prime Location
    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 $1,400,000.
    What are key features of this property?
    This property features: 15,000 SF mixed-use building at 6632 Main Street, Gloucester, VA 23061, asking $1,400,000.; Extensive 2009 renovations to a 1930 building.; Thriving downtown location with retail space and large warehouse.
    (757) 873-1401
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    6632 Main St Gloucester, VA 23061
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    Gloucester, VA 23061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6632 Main St Gloucester, VA 23061
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