116 Main St Emporia, VA 23847-1604

Property Details for 116 Main St

Year built

1950

Lot size

55.00 lot acres

Property type

Retail properties

APN

162 -A -0 -28

APU

162A028

Description

This exceptional commercial property at 116 N Main Street, Emporia, VA, presents a remarkable investment opportunity. Situated in the heart of the downtown business district, this multi-level building offers unparalleled convenience, with easy walking access to a variety of restaurants, shops, banks, and entertainment venues. Currently configured as a salon on the main level, the property boasts a spacious reception area, an open nail technician area, eight styling booths, a dedicated washing room with ample storage, a large drying room accommodating ten or more chairs, a pedicure/waxing room, an ADA-compliant bathroom, and a utility/mechanical room. A new roof has recently been installed. While styling and drying chairs are not included in the sale, they are negotiable. Upstairs, an unfinished apartment with private access offers significant potential for expansion, conversion into additional office space, or use as an Airbnb rental. This apartment features a spacious foyer, a sitting room/office, a large living area (currently used as a barbershop), a formal dining room, a kitchen, a full bathroom, and two bedrooms. The sizable basement provides excellent storage space and could be finished for additional business use. The property also includes ample parking and a large patio, perfect for client or guest use. The annual flood insurance premium is $1700. This 0.14-acre lot offers a unique blend of established business space and significant upside potential, making it an ideal investment for a savvy entrepreneur or business owner.

Location Insight

City

Emporia

County

Emporia City

State

Virginia

Longitude

-77.5403

Latitude

36.6909

Property Tax & Assessments