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    OFF-MARKET
    Commercial real estate

    2816 Lowesville Rd, Lowesville, VA 22922

    4,564 SF 7.2 ac lot Built 1810
    Property ID
    US87-2671008
    Property summary
    AI-generated overview

    This exceptional 4,564 square foot property, located at 2816 Lowesville Road in Lowesville, Virginia, presents a unique investment opportunity. Situated on 7.2 usable acres, this circa 1810-1869 landmark boasts 700 feet of Piney River frontage. Zoned V-1 Village, the property includes a beautifully restored building, formerly a general store and US Post Office, featuring heart pine floors and 12-foot ceilings. The original country store remains intact, complete with shelving, offering a wealth of historical charm and potential for various uses. Plumbing is already in place for a potential efficiency apartment conversion. Several stabilized outbuildings, previously used as kitchens and offices, are equipped with electricity. One outbuilding currently operates as a rentable cabin, generating income at $150 per night with year-round occupancy. The main house features three bedrooms, each with a working fireplace. The kitchen, originally located in a separate building, has been relocated to the English basement level, alongside a spacious dining room – ideal for a bed and breakfast. Multiple porches and decks, including a sunroom (suitable as a fourth bedroom or rental unit), provide stunning views of the surrounding countryside. The property's proximity to Route 151 (2.5 miles) offers easy access to hiking trails, ATV routes, breweries, wineries, whiskey distilleries, antique shops, museums, and golf courses. Campground development potential is also a significant consideration. Priced at $689,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1810
    Total area 4,564 SF
    Lot 7.2 ac (313,632 SF)
    UPID US87-2671008
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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