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$525,000 USD
1002 Main Street
Dillwyn, Virginia 23936
USA
Dillwyn, Virginia 23936
USA
320.691 m2 ::
3,452 sqft
Commercial for Sale, Other Commercial Property
Sale price per sqm: 1,637.04
Tax: 2,166.3 USD
Remarks:
Prime mixed use investment opportunity in the heart of Dillwyn, VA. Located on the town's main corridor, this well maintained commercial building was fully renovated with updated electrical systems, city water, and city sewer. The first floor features approximately 1,726 sq ft of commercial space, currently set up for a restaurant, offering excellent visibility and strong potential for owner operator or leased commercial use. The second floor includes two updated 2 bedroom, 1 bath apartments, each approximately 700 sq ft, featuring original hardwood floors, walk in closets, dishwashers, and in unit washer/dryer hookups, with charming views of the historic Buckingham Branch Railroad Station and town clock. Income producing property with multiple revenue streams. Residential units are well suited for long term or workforce housing, while the commercial space offers additional upside through restaurant or retail tenancy. Pro forma rents support attractive cash flow and a strong cap rate, with value add potential through lease optimization or commercial build out. Ideal for investors seeking stable income with long term appreciation in a growing small town market
Features:
- Construction: Brick
- Lot Description: Corner Lot
- Roofing: Rubber
Location:
1002 Main Street, Dillwyn, Virginia 23936, USA
Listed By CENTURY 21 Realty @ Home
The Commercial for Sale, Other Commercial Property located at 1002 Main Street, Dillwyn, Virginia 23936, USA is currently for sale. 1002 Main Street, Dillwyn, Virginia 23936, USA is listed for $525,000 USD. This property has 3,452 sqft. If the property located at 1002 Main Street, Dillwyn, Virginia 23936, USA isn't what you're looking for, search Virginia Real Estate to see other Commercial For Sale in Dillwyn.
