Individually Owned 
For Sale
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Property summary
This 1,177 square foot commercial building, located at 224 S 15th Avenue in Hopewell, Virginia, presents a fantastic opportunity for a variety of retail businesses. Previously utilized as a grocery store and sit-down restaurant, the property is in excellent condition and boasts numerous desirable features. A fully equipped restaurant-style kitchen is ready for immediate use, complemented by abundant storage space throughout the building. A convenient bathroom includes a laundry tub, adding… to the property's functionality. Recent updates include new flooring and a like-new HVAC system with gas heat, ensuring efficient and comfortable operation year-round. Replacement windows enhance energy efficiency and contribute to the building's overall appeal. A built-in storage area behind the front counter provides additional organizational space. Parking is readily available both in the rear of the building and on the street, ensuring convenient access for customers and employees. A detached shed offers further storage capacity for supplies or equipment. The 0.13-acre lot provides ample space for outdoor activities or expansion. This property's prime location in Hopewell makes it an ideal choice for a variety of retail ventures. The building's excellent condition and versatile layout offer a turnkey solution for entrepreneurs seeking a well-maintained and functional commercial space. The asking price is $155,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,177 SF
- Lot area
- 0.13 ac
- Year built
- 1932
- Stories
- 1
- APN
- 024-0970
- Zoning
- B2
- Assessed value · 2024
- $100,800
- Annual tax · 2024
- $1,179
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
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- Everything in the Light report
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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