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    Main St Gretna, VA 24557

    For Sale
    $349,000

    Prime Commercial Property, 8,000 SF

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 107 N Main Street in Gretna, Virginia (zip code 24557), presents a unique investment opportunity. The 8,000 square foot building sits on a 0.16-acre lot and is currently configured as a fully operational movie theatre with a seating capacity of 235. The theatre boasts modern projection and sound equipment, enhancing the viewing experience. Additional features include a mezzanine seating area and a private room ideal for private parties or special events. The property underwent a significant renovation in 2006, encompassing a new roof, HVAC system, plumbing, and electrical upgrades, ensuring modern functionality and efficiency. The asking price for this turnkey operation is $349,000. Conveniently located in downtown Gretna, the property is easily accessible from US-29 Business South, approximately 1.5 miles from the merge onto Main Street. This property is zoned for commercial use and offers significant potential for continued success as a movie theatre or for adaptive reuse. The property is listed as "Special Purpose, Land" and is categorized as "Commercial, Other". This is a rare opportunity to acquire a well-maintained, established business in a desirable location. Serious inquiries are encouraged.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Square Feet
    8,000 SF
    Lot Size
    6,970 SF

    HighLights

    • 8,000 SF movie theatre on a 0.16‑acre lot in Gretna, VA (24557).
    • Seating capacity of 235 with modern projection and sound equipment; includes mezzanine and private room.
    • 2006 renovation included new roof, HVAC, plumbing, and electrical.
    • $349,000 asking price; turnkey operation.
    • Convenient downtown Gretna location, 1.5 miles from US‑29 Business South.
    • Commercially zoned; potential for continued movie theatre operation or adaptive reuse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gretna
    County
    Pittsylvania
    State
    Virginia
    Longitude
    -79.3608559
    Latitude
    36.95258

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    FAQs

    What type of property is this?
    Land - Prime Commercial Property, 8,000 SF
    Where is this land located?
    The property is located at Main St Gretna, VA.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 8,000 SF movie theatre on a 0.16-acre lot in Gretna, VA (24557).; Seating capacity of 235 with modern projection and sound equipment; includes mezzanine and private room.; 2006 renovation included new roof, HVAC, plumbing, and electrical.
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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
    Main St Gretna, VA 24557
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