Property profile

121 Main St Lovingston, VA 22949

OFF-MARKET
Retail space
Property ID
US87-2694110
1,476 SF 0.09 ac lot Built 1900
Individually Owned Free & Clear
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Property summary

AI-generated overview

This 1,476 square foot retail space, located at 121 Main St, Lovingston, VA 22949, is available for $430,000. The property, built in 1900, sits on a 90 square foot lot (APN: 58B-3-32C) and is zoned for Commercial/Industrial use (4-Commercial/Industrial). It's a fee simple ownership with a single tenancy and is currently vacant. The space boasts a newly installed kitchen with modern appliances, a stylish bar countertop, brand new flooring and ceiling, and a convenient rear storage shed. High-quality freezers and refrigerators are included, along with a tempered walk-in refrigeration unit. Seller financing or leasing options may be available. This turnkey opportunity is ideal for a restaurant or bar seeking a vibrant location in Nelson County, Virginia. The property is listed as a NNN lease type. The asking price is $430,000, with a price per square foot of $291.33.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 1,476 SF
Lot 0.09 ac (4,050 SF)
APN 58B 3 32C
UPID US87-2694110

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Main St Lovingston, VA 22949
Lovingston metro Census 950102 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2025
Last sale
$185,000
5 recorded transactions
2026
Price N/A
2025
Price N/A
2023
Price N/A
2023
$185,000
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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