506 N Main St - Retail FOR SALE


Emporia, VA 23847
$950,000 USD
434-594-4457
506 N Main St, Emporia, VA for Sale
$950,000 USD
Retail - FOR SALE
1/47
null | Request Cap Rate

506 N Main St
Emporia, VA 23847


HIGHLIGHTS

  • Established dry cleaning and laundry business with 26-year track record
  • No competing dry cleaners within a 40-mile radius
  • Upgraded HVAC and commercial laundry equipment
  • Zoned C-2 with corner lot visibility and on-site parking

OVERVIEW

Positioned prominently on a corner lot in Emporia’s general business district, this turnkey commercial property offers a rare opportunity to acquire a thriving dry cleaning and coin laundry operation with no direct competition for 40 miles in either direction. The offering includes three contiguous addresses—500, 504, and 506 N Main Street—comprising a dry cleaning facility, laundromat, and a smaller rental building. With over 6,200 square feet of heated and finished space across two freestanding buildings, the site is well-equipped and meticulously maintained. The dry cleaning operation features upgraded HVAC systems and modern equipment, including heavy-load washers, commercial-grade machines, and 20 dryers. The laundromat is outfitted with a full suite of coin-operated washers and dryers, soap and coin machines, and customer amenities. The property includes two loading bays, on-site parking, and is easily accessible via paved city streets and nearby Interstate 58. Zoned C-2, the site supports a wide range of commercial uses and benefits from strong visibility and proximity to adjacent retail and automotive businesses. This sale includes the real estate, business, and all equipment, making it ideal for an investor or owner-operator seeking immediate cash flow and long-term growth potential. Financials and depreciation schedules are available to qualified buyers upon signing a confidentiality agreement.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

175 AC

LAND SF

7,623,000 SF

ZONING

C-2

APN/PARCEL ID

142 11 0 2; (11) A

ASK ABOUT THIS PROPERTY

Robin WhitmanThe Pointe Realty GroupMore Info
434-594-4457

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Robin WhitmanThe Pointe Realty GroupMore Info
434-594-4457

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.