Single Family Residence For Sale - 16 MAIN ST, SPERRYVILLE, VA 22740

16 MAIN ST, SPERRYVILLE, 22740, VA
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Explore this Property

16 Main Street, Sperryville offers that increasingly hard-to-find combination of location, flexibility, income, and simplicity—right in the heart of one of Rappahannock County’s most recognizable villages. The property sits firmly in a flexible zoning district allowing for a number of by-right uses including Short Term Rentals, hospitality, dining, retail, offices, and more.<br><br> The building is presently configured as two residential units. The main-level apartment is a spacious one-bedroom with two full baths, kitchen and flexible living/work space, while the upper level offers a separate two-bedroom apartment with kitchen and full bath. Importantly, the first floor was designed with flexibility in mind and can potentially be divided into two independent spaces—a commercial office with full bath and a separate efficiency apartment with kitchen and full bath—creating the possibility of a three-unit mixed-use configuration.<br><br> Much of the heavy lifting has already been done. The building underwent an extensive renovation around 2001, including updated electrical and plumbing systems, and the two central HVAC systems were replaced in approximately 2018 and 2021. Private well, town sewer, durable metal roofing, straightforward grounds and an established rental history help make this an unusually manageable investment.<br><br> And then there’s the address. Main Street properties don’t get manufactured. In a village like Sperryville—where restaurants, galleries, shops, breweries and the entrance to Shenandoah National Park continue to draw both locals and visitors—owning a piece of the commercial core offers something acreage alone cannot: position.<br><br> In a market where rental housing is notoriously scarce and multifamily properties are exceptionally difficult to find, existing multi-unit buildings carry a built-in scarcity value. County zoning generally requires a special exception where multifamily is permitted at all—making properties like this far easier to own than to create. 16 Main Street is currently fully leased with extremely low / no vacancy.<br><br> Offered at $549,000, 16 Main Street is an opportunity to acquire a fully occupied, low-maintenance income property today, with enough flexibility to adapt to whatever Sperryville becomes tomorrow. Listing Agent retains financial interest in property.

MLS# VARP2002858
Cheri Woodard Realty
Active For Sale Multifamily
$549,000
• 2288 sqft
Single Family Residence
Detached
1840 Year built
10 days on market

Property Features

Area
2288
Roof
Metal,Pitched
Type
MLF
Acres
0.25
Style
Farmhouse/National Folk
Cooling
Central A/C,Heat Pump(s)
Heating
Heat Pump(s)
Sub Type
SingleFamilyResidence
Flooring
Carpet,Engineered Wood,Laminated
Area Source
Assessor
Foundation
Permanent,Stone
Sub Type Text
Detached
Subdivision
SPERRYVILLE
Construction
Stone,Vinyl Siding
Accessibility
Ramp - Main Level
Interior Features
2nd Kitchen,Bathroom - Tub Shower,Combination Dining/Living,Combination Kitchen/Dining,Floor Plan - Traditional,Kitchen - Eat-In,Kitchen - Table Space,Window Treatments,Wood Floors
Lot Size Area Units
Square Feet

Location

Directions: Rte 211 West to Main Street.

Schools

District
RAPPAHANNOCK COUNTY PUBLIC SCHOOLS

Properties in Sperryville

Explore other available properties in Sperryville.

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