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116 W Carolina Ave 10,346 SF 100% Leased Retail Building Crewe, VA 23930 For Sale
Investment Highlights
- Historic early 1900s downtown Crewe building offering architectural character and prominence.
- Convenient access to U.S. Route 460, enhancing regional connectivity throughout Southside Virginia.
- Flexible layout lends itself to adaptive reuse options including retail, office, or institutional uses.
- Prime location along West Carolina Avenue with high visibility and walkability.
- Ample onsite parking with 20 dedicated spaces in a downtown setting.
- Located within a traditional business district that supports mixed-use redevelopment potential.
Executive Summary
116 West Carolina Avenue offers a distinctive opportunity to acquire a historic commercial property in the heart of Crewe, Virginia’s business district. This two-story building spans over 10,000 SF and combines a character-rich early 1900s façade with modern usability, making it suitable for adaptive reuse in retail, office, or mixed-use applications. Its prominent location on West Carolina Avenue provides high visibility and pedestrian accessibility, reinforcing its position as a cornerstone property within the downtown corridor.
Strategically positioned with direct U.S. Route 460 connectivity, the property benefits from regional access to Farmville, Blackstone, and greater Southside Virginia. The site includes 20 off-street parking spaces, an amenity rarely found in historic downtown environments. Architectural features such as grand columned entryways and detailed masonry add inherent historic value, underscoring the building’s adaptive reuse potential for creative concepts from boutique retail to professional offices.
This property presents an attractive investment for buyers seeking a redevelopment opportunity or an operational headquarters in a location with enduring architectural appeal and strong regional access.
Strategically positioned with direct U.S. Route 460 connectivity, the property benefits from regional access to Farmville, Blackstone, and greater Southside Virginia. The site includes 20 off-street parking spaces, an amenity rarely found in historic downtown environments. Architectural features such as grand columned entryways and detailed masonry add inherent historic value, underscoring the building’s adaptive reuse potential for creative concepts from boutique retail to professional offices.
This property presents an attractive investment for buyers seeking a redevelopment opportunity or an operational headquarters in a location with enduring architectural appeal and strong regional access.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
10,346 SF
Building Class
C
Year Built
1910
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.43 AC
Amenities
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 18A29 354 4A* | Improvements Assessment | $693,266 |
| Land Assessment | $23,000 | Total Assessment | $716,266 |
Property Taxes
Parcel Number
18A29 354 4A*
Land Assessment
$23,000
Improvements Assessment
$693,266
Total Assessment
$716,266
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116 W Carolina Ave
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