129 Main St, Warrenton, NC 27589-1953
This exceptional two-story commercial building, located at 129 S Main Street Unit 127/129 in Warrenton, NC, presents a unique investment opportunity. Boasting 3,932 square feet on a 0.17-acre lot, this property benefits from a prime location in the heart of Warrenton's Historic District, offering high visibility and walkability. The C-1 zoning (Downtown Business District) allows for diverse uses, enhancing its versatility. The main level is currently leased, generating immediate income. Convenient front and rear entrances on the main level ensure easy access, while a separate private entrance leads to the vacant second story. This upper level offers significant potential for conversion into office space, a residential unit, or additional business use. The building features remarkable architectural details and includes additional storage space accessible from the main level's front entrance. Ample parking is available in the rear, accessed via paved driveways off both S. Main and Front Streets, supplementing the public storefront parking. The property's deep lot provides significant space and frontage on two streets. This property is situated steps from the Courthouse Square in a thriving downtown area with a diverse mix of shops, restaurants, service providers, and mixed-use developments. Showings are by appointment only, after 4:00 pm, with 48-hour advance notice required. The property is being sold subject to existing lease(s) and tenant rights. Priced at $285,000.
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Cosmosis Yoga Gym & Fitness Center
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
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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.