301 Main St Farmville, VA 23901-1309
This 11,400-square-foot, two-story, Class B storefront building in Farmville, Virginia, is available for $1,100,000. Built in 2006, this multi-tenant property sits on a 0.2-acre lot at 301 N. Main Street, zoned B-1. The building features a mix of retail and residential space, including a 1-bedroom apartment. The street-level retail space (approx. 3,800 sq ft) boasts reclaimed wood flooring, custom trim, and an ADA-compliant restroom. A basement (approx. 3,800 sq ft) provides storage and houses mechanical systems, including a kitchen area and storage racks. The upper floor (approx. 3,800 sq ft) offers over 2,300 square feet of open space, plus the apartment with premium cabinetry, modern fixtures, a spacious living area, bonus office/storage, tile flooring, washer/dryer hookups, two closets, and a rear porch. All three floors are served by an elevator. Recently replaced multi-zone HVAC units ensure energy efficiency. This property presents a unique opportunity for investors or entrepreneurs seeking a prominent location in historic downtown Farmville. The building's blend of classic and modern design, combined with its versatile space and prime location, makes it an attractive investment. The property is currently vacant, allowing for immediate occupancy and customization to suit a variety of business needs. The apartment offers additional income potential or comfortable living space.
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Sleeping Bee (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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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