Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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