408 S Main Street, Farmville, VA 23901
Prince Edward County
Key Facts
Description
An exceptional investment opportunity awaits with this brick commercial building located on highly visible Main Street in the heart of Farmville, VA. Featuring four individual suites generating steady income, making it ideal for investors seeking a turnkey asset. Key Highlights: fully leased with stable income from four established tenants, classic brick construction with solid, low-maintenance exterior, prime location situated on Main Street with high visibility and foot traffic, walkable to Longwood University & Downtown Farmville for excellent tenant appeal, mixed-use potential ideal for retail, office, or professional services, strong investment in growing area – Farmville continues to develop as a regional hub. This is a rare opportunity to own a cash-flowing, low-maintenance property in a dynamic and growing college town. With proximity to Longwood University, Downtown Farmville, and other local amenities, this location ensures consistent tenant demand and strong long-term value. Call for more information or to schedule a private showing.
Property Information
Property Type
Commercial Sale
Year Built
1980
Stories
1
Living Area
5,095 sq ft
Lot Size
0.50 acres
Ownership
Investment
MLS® Listing#
2612613
Property Features
Heating
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
Parcel Number
023A8141 7A, 023A8141 7, 023A8141 8
Directions
GPS 408 S Main St, Farmville VA 23901
Affordability Calculator
$185,000
Estimated monthly payment
$4,923/mo
Principal $740,000 · Est. interest $1,032,366 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Farmville, VA
- $324,390
- Median Listing Price
- 20
- Median Days on Market
- 1,514
- Median Sq Ft
- $213
- Median Price / Sq Ft
- 57
- Active Listings
- This home’s price is 185% above the area median.
- Its price per sq ft is 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Farmville, VA.
Location
Points of Interest in Farmville, VA
Showing the Farmville area map.
Nearby Schools
Fuqua School
Secondary · 0.6 mi away
Heritage Weekday Education Center
School · 1.0 mi away
Prince Edward Elementary
Elementary · 2.1 mi away
Prince Edward County Public Schools
Secondary · 2.1 mi away
Prince Edward County High School
Secondary · 2.2 mi away
New Life Christian Academy
School · 2.7 mi away
Piedmont Regional Juvenile Detention Center
School · 2.7 mi away
Prospect Christian Academy
School · 11.6 mi away
Bear Creek Academy
School · 14.1 mi away
Amelia Nottoway Technical Center
School · 14.5 mi away
Cumberland Elementary
Elementary · 15.6 mi away
Cumberland High
Secondary · 15.6 mi away
Cumberland County Public Schools, VA
School · 15.7 mi away
Central Virginia Christian School
School · 17.4 mi away
Buckingham County Middle School
Secondary · 17.6 mi away
Crewe Primary School
Elementary · 18.1 mi away
Buckingham County High School
Secondary · 18.1 mi away
Buckingham County Public Schools
Elementary · 18.2 mi away
Governor's School of Southside Virginia
School · 18.4 mi away
Buckingham County Elementary School
Elementary · 18.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 91&89 S James Madison Highway, Farmville, VA | $750,000 | 3 | 3 | 3,919 |
Moving Cost Estimate
EXIT Agents in Farmville
Listing Courtesy: RE/MAX Advantage Plus - 4343921999
Presented by: Tad Reynolds
Last Updated: 2026-05-11