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506 N Main St 6,218 SF Retail Building Emporia, VA 23847 $950,000 ($152.78/SF)
INVESTMENT HIGHLIGHTS
- Established dry cleaning and laundry business with 26-year track record
- Upgraded HVAC and commercial laundry equipment
- No competing dry cleaners within a 40-mile radius
- Zoned C-2 with corner lot visibility and on-site parking
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,218 SF
Building Class
C
Year Built
1960
Price
$950,000
Price Per SF
$152.78
Tenancy
Single
Building Height
1 Story
Lot Size
175.00 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
15 Spaces (2.41 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 142 11 0 2; (11) A | Improvements Assessment | $160,200 |
| Land Assessment | $49,000 | Total Assessment | $209,200 |
PROPERTY TAXES
Parcel Number
142 11 0 2; (11) A
Land Assessment
$49,000
Improvements Assessment
$160,200
Total Assessment
$209,200
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506 N Main St
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