401 Halifax St Emporia, VA 23847-1711
Property profile & analytics
401 Halifax St Emporia, VA 23847-1711
- Parking lots & garages
Property ID
US87-2731181
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Head To Toe Beauty Salon / Hair Salon / Nail Salon
- Clements Mayes Photography / Photography Service / (Bike/Boat/Book/etc) Store
- Picture Perfect Frames and Gifts / (Bike/Boat/Book/etc) Store
- Picture Perfect Custom Framing / (Bike/Boat/Book/etc) Store / Home Decor Store
Property Details for 401 Halifax St
- Property type
- Parking lots & garages
- APN
- 143 -7 -0 -7
- APU
- 143707
Description
This stunning 10,150 square foot, three-story commercial building at 401 Halifax Street in Emporia, Virginia, presents a unique investment opportunity. Originally constructed in 1907, this architectural gem has been thoughtfully repurposed from a bank into a thriving retail and office space, currently generating rental income. The building boasts 24 rooms and 5 bathrooms, with the third floor awaiting creative development. The first floor features remarkable original wood appointments and early 20th-century partial tile flooring. A secure vault, complete with a combination to be provided to the new owner, adds a unique element. The property benefits from its location in the heart of Emporia's business district, just 1.6 miles from I-95 and one block from Business Highway 58. The Downtown District zoning and Enterprise Zone designation offer additional advantages. Currently, the building generates $2,000 per month in rental income, although not all spaces are currently occupied. The owner occupies the first floor, paying $1,650 per month in rent, a lease that would continue under new ownership. This property offers a blend of historical charm, modern functionality, and strong income potential, making it an exceptional investment in a vibrant commercial area. The building's proximity to the Emporia-Greensville Chamber of Commerce and other retail businesses, combined with a mix of residential properties in the area, ensures a strong and diverse customer base. The asking price is $350,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Emporia
- County
- Emporia City
- State
- Virginia
- Longitude
- -77.5369
- Latitude
- 36.6937
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$59
$4,300
$2,100
$6,400
-
$4,300
$2,100
$6,400
