0 Main St Gretna, VA 24557
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.