115 E Market St, Warrenton, NC 27589
For Lease
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This exceptional 3,807 square foot, two-story brick building presents a prime investment or owner-occupancy opportunity in the vibrant heart of downtown Warrenton, North Carolina. Completely renovated in 2015, this property boasts a versatile layout suitable for a variety of commercial uses, including retail, office space, or a combination thereof. The building's design allows for the potential division into multiple, smaller units, catering to diverse business needs. A convenient internal lift system ensures accessibility throughout the two floors, and a full basement provides additional storage or expansion possibilities. Situated on a one-acre lot, ample parking is readily available for tenants and customers. The strategic location offers unparalleled visibility and convenience, being in close proximity to the Warrenton Town Hall, the Warren County Courthouse, a variety of restaurants and shops, and established residential neighborhoods. This property represents a rare chance to acquire a well-maintained, adaptable commercial space in a thriving downtown area. The building's strong construction, recent renovations, and desirable location combine to create a compelling investment prospect with significant potential for long-term growth and profitability. The asking price is $520,000.
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Quilt Lizzy Training Center (Bike/Boat/Book/etc) Store
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Warren County Smart Start Charitable Organization Social Service Agency
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Warren Family Institute County Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.