Property summary
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
VerifiedCap rate & NOI
Current use
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Home Decor Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Kilmarnock, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C1 in Kilmarnock, VA.
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Find the owner behind the property.
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