For Sale
$550,000

2946 Monacan Trail RdNorth Garden, VA 22959

Country store, 2 acres, rental apartment

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a charming 2,291 square foot retail building situated on a 1.98-acre lot in North Garden, Virginia. Located at 2946 Monacan Trail Rd, this property boasts a prime location on US Route 29/Monacan Trail Road, offering excellent visibility and convenient access, just 15 minutes south of Charlottesville. The existing structure, a 100-year-old building with significant community history, currently operates as a successful boutique country store featuring upscale products and a gourmet deli, also hosting a local farmers market. Included is a three-bedroom apartment generating rental income. The property features a new septic system and well. The current zoning (RA) allows for expansion up to a total of 4,000 square feet, presenting significant potential for growth. Opportunities abound, including expanding product offerings (garden, landscape, farm products), hosting swap meets and craft sales, or even adding a greenhouse. The asking price is $550,000, with a price per square foot of $240.07. This unique property is ideal for an owner-operator seeking to establish or expand their business, or for an investor looking for a combination of rental income and business ownership potential. The property's rich history, combined with its strategic location and expansion possibilities, makes this a truly remarkable investment opportunity. The Albemarle County APN is 444907876226.

Highlights

  • $550,000 asking price for this retail property.
  • 2,291 square feet on a 1.98-acre lot.
  • Located at 2946 Monacan Trail Rd, North Garden, VA 22959.
  • Features a single-story building with RA zoning.
  • Includes a three-bedroom apartment.

Property Details for 2946 Monacan Trail Rd

Property type
Retail properties
Square Feet
2,291 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
86,249 SF

Location Insight

City
North Garden
County
Albemarle
State
Virginia
Latitude
37.9680178
Longitude
-78.6318129
2946 Monacan Trail Rd, North Garden, Virginia

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2946 Monacan Trail Rd
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