Property profile

21 Main St Kilmarnock, VA 22482

OFF-MARKET
Retail space
Property ID
US87-3276949
0.08 ac lot Built 1905
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 21 N Main Street in Kilmarnock, Virginia, presents a unique investment opportunity. The 4,560 square-foot building, constructed in 1905, features an attractive cedar shake hip roof, copper coach lights, and large picture windows. The interior comprises three spacious rooms. The first room measures an impressive 23 x 60 feet with 10.5-foot high ceilings. The second room, at 23 x 35 feet, includes a kitchenette with a sink and beverage center. An 18 x 21-foot garage, accessible from a rear parking lot (privately owned and not included in the sale), features a garage door opener and a powder room. Access to a second level is available from the garage, offering potential for conversion into additional residential or office space. The property benefits from a recently installed heat pump and air handler. Zoned C1, this highly visible property is ideally situated in the heart of Kilmarnock, offering excellent accessibility and exposure for a variety of commercial ventures. The asking price is $385,000. Ample off-street parking is available, though it is privately owned and not part of this sale.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1905
Lot 0.08 ac (3,267 SF)
Zoning code C1
APN 23A 22 A 1
UPID US87-3276949

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

21 Main St Kilmarnock, VA 22482-8501
Kilmarnock metro Census 30200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2025
Last sale
$330,000
2 recorded transactions
2025
$330,000
2008
$489,000

Zoning & alternative use

C1 · Kilmarnock, VA

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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