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123 S Main St 6,516 sq ft 100% Let Retail Property Warrenton, NC 27589 £220,452 (£33.83/sq ft)
Investment Highlights
- Mixed-Use Potential – Ideal for office, retail, and residential use.
- Proposed Layout – Plans include four bedrooms and two commercial spaces.
- Incentives Available – Eligible for Historical Tax Credits.
Executive Summary
Located in the heart of historic downtown Warrenton, this Main St/Market St property sits next to the Courthouse in a building dating back to 1835, famously known as ''The Red Brick Store'' the oldest structure on Main St. Featuring stunning hardwood floors, this property requires significant renovations but holds immense potential for office, retail, and residential use with town approval. Proposed plans suggest a layout with four bedrooms and two commercial spaces, with Historical Tax Credits available.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
6,516 sq ft
Costar Property Class
B
Year Built
1835
Price
£220,452
Price per sq ft
£33.83
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.36
Total Plot Size
0.11 ac
Use Class
N-B - N-B (Neighborhood Business) with potential of rezoned to Mixed use.
Frontage
52 ft on S Main St
Amenities
- Corner Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | E6B255 | Improvements Assessment | £153,842 |
| Land Assessment | £25,314 | Total Assessment | £179,157 |
Property Taxes
Parcel Number
E6B255
Land Assessment
£25,314
Improvements Assessment
£153,842
Total Assessment
£179,157
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123 S Main St
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