89 Main StKilmarnock, VA 22482

Property Details for 89 Main St

Year built

1910

Lot size

0.48 AC

Property size (Sq ft)

2,527 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

23A 21 23

APU

23A2123

Description

This mixed-use, 2,527 sq ft building at 89 N Main St, Kilmarnock, VA 22482, is a beautifully renovated (2022) Arts & Crafts style structure built in 1910. Located in the heart of Kilmarnock's commercial district, this property offers high visibility and walkability to shops, restaurants, and the Town Center Park. Situated on a 0.48-acre corner lot with ample off-street parking, it boasts a classic design with craftsman elements including a wrap-around veranda, stained glass accents, stained wood floors, and an open stairway. The interior features three spacious rooms, a renovated kitchen, and a bath on the first floor, plus four bright rooms and an updated bath upstairs. The property is zoned C-1, providing flexibility for various uses. Modern conveniences include high-speed internet access, town sewer, and water. Asking price is $447,900 ($177.25/sq ft). Currently vacant. A unique opportunity to own a piece of Kilmarnock's history.

• CAP approach

  CAP return

  Valuation

  6%

  $533,619

  6.5%

  $492,572

  7%

  $457,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $323,793

  Geo Method

  $422,034

• Alternative Use

  Use

  Valuation

  Residential

  $610,789

  Hospitality

  $559,479

  Educational

  $465,480

  Medical

  $481,489

  Retail

  $724,080

Location Insight

City

Kilmarnock

County

Lancaster

State

Virginia

Latitude

37.7133

Longitude

-76.3814

Property Tax & Assessments

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