320 Virginia Ave, Clarksville, VA 23927
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.
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.