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    OFF-MARKET
    Specialty properties

    320 Virginia Ave, Clarksville, VA 23927

    7,000 SF Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,000 square foot property at 320 VA Ave in downtown Clarksville, VA, presents a unique investment opportunity. The building, constructed in 1970 and extensively renovated in 2024, boasts a single-tenant occupancy structure, currently featuring 1,500 square feet of prime ground-level retail space. A significant 4,000 square feet remains vacant, offering considerable expansion potential. The building comprises two stories, with the ground floor ideal for retail and the upper level currently undergoing renovations to create additional private office spaces. Key features include dedicated rear parking for tenant and customer convenience, as well as both public and private restroom facilities. The property's location in the heart of downtown Clarksville ensures high visibility and accessibility. The recent renovations have significantly upgraded the building's infrastructure and aesthetics, making it an attractive option for a variety of businesses. The combination of retail and office space provides flexibility for a diverse range of tenants seeking a well-maintained and conveniently located property. This is an excellent chance to acquire a versatile commercial space in a thriving downtown area. The vacant space presents a unique opportunity for expansion or lease to additional tenants.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1970
    Total area 7,000 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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