21 Main St, Kilmarnock, VA 22482-8501
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.
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Comer & Co Inc Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Kilmarnock, VAKilmarnock. Always verify with local authorities before improvements.
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.