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    OFF-MARKET
    Retail properties & Spaces

    123 Main St, Lovingston, VA 22949

    1,476 SF Built 1900
    Property ID
    Property summary
    AI-generated overview

    This 1,476 square foot retail space in Lovingston, Virginia, presents a unique investment opportunity. Located at 123 Main St, in Nelson County (zip code 22949), this property boasts a prime location within a thriving business district. Built in 1900 and extensively renovated in 2023, the single-story building offers a modern, updated interior featuring brand new flooring and ceilings. The space is currently vacant, with an occupancy date of November 1, 2024, and is ideal for a variety of uses, including a bar, convenience store, or restaurant. Key features include a newly installed kitchen with modern appliances, a stylish bar countertop, a tempered walk-in refrigeration unit, high-quality freezers and refrigerators, and a convenient storage shed. Seller financing or leasing options are available, providing flexibility for potential buyers or tenants. This turnkey operation is ready for immediate use, offering a blend of historical charm and contemporary amenities. The asking price is $430,000. This exceptional retail space combines modern conveniences with a prime location, making it an attractive investment prospect.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1900
    Total area 1,476 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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