401 Halifax St Emporia, VA 23847

This exceptional investment opportunity presents a beautifully preserved, historic three-story retail building located at 401 Halifax St, Emporia, VA 23847. The 10,150 square foot property, built in 1907, boasts a 9.00% cap rate and is currently 60% occupied by five tenants under net lease agreements. The building, situated on a 0.3-acre lot within the Belfield Historic District and Downtown District zoning, also benefits from Enterprise Zone designation, offering potential tax incentives. The property features stunning original woodwork on the first floor, early 20th-century partial tile flooring, and a secure vault. The building comprises three structures with three stories and 24 rooms and 5 bathrooms. The first floor is currently occupied by the owner's businesses (not included in the sale), while the second floor houses office tenants. The third floor offers significant potential for future development or expansion. Conveniently located 1.6 miles from I-95 and one block from Business Hwy 58, this property offers a unique blend of historic charm and modern investment potential. The sale includes existing rental contracts for second-floor offices and a beauty parlor