Property summary
This exceptional 1,224 square foot commercial building is ideally situated on Main Street in the heart of Downtown Hopewell, Virginia. Boasting a prominent road frontage, this brick structure enjoys a highly visible location adjacent to the Courthouse and a short distance from the Municipal Building and the historic Beacon Theatre. Previously utilized as a credit union and more recently as business office/meeting space, the property offers versatile potential for a variety of uses. The… building features a charming courtyard, three drive-through lanes with a canopy, and eight reserved parking spaces, supplemented by additional public parking nearby. The interior showcases exposed brick walls, two private offices, a lobby area with desks, an open conference area with a table, and a flexible open space. Two bathrooms, an employee break room/kitchen equipped with a refrigerator, table, dishwasher, and microwave, and a coat closet provide ample amenities. Included in the sale are existing signage, furniture, mini-split HVAC units, a refrigerator, and a microwave. The property sits on a 0.37-acre lot and is zoned B-1 (details available in supplemental documents). Priced competitively below its assessed value of $448,900, this presents a significant opportunity for investors and businesses alike. Further information regarding the Hopewell Enterprise Zone and Virginia State Opportunity Zone is available in supplemental documents. This property is well-suited for a small business, real estate office, attorney's office, retail space, coffee shop, bakery, or non-profit organization.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
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Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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- Alternative use
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