About This Home

This 0-bedroom, 0-bathroom other at 208 W MAIN Street in Stanley, VA is listed for $675,000. Built in 1989, on a 1.13 acres lot.

Key Features

  • Built in 1989
  • 1.13 acre lot
  • 16 parking spaces

Property Details

16 spaces
1989
Listing Description

MULTI-USE INVESTMENT PROPERTY WITH MULTIPLE INCOME & BUSINESS POSSIBILITIES! Unique investment opportunity featuring an 8-apartment building with approximately 8,322 square feet, plus an approximately 1,218-square-foot restaurant space within the same building.

The restaurant has not been in operation for many years and offers an opportunity for a new owner to bring the space back to life or explore other potential uses, subject to zoning and approvals. Also included is a separate 2,255-square-foot retail/commercial building featuring a heat pump with central air, providing additional space for a business, office, retail operation, or other permitted use.

With multiple buildings and a combination of residential and commercial space, this property offers many possibilities for investors, entrepreneurs, and those looking for a property with income-producing potential. The combination of apartments, restaurant space, and a separate commercial building provides flexibility for a variety of uses and investment strategies.

Property is being sold AS-IS. A minimum of 48 hours' notice is required to show the apartments and restaurant space. The separate commercial building may be shown with less notice. Don't miss this opportunity to explore the possibilities of this versatile multi-use property! Apartment Building has address of 208 W. Main Street, Stanley, VA. and Commercial Building has separate address of 190 W. Main Street, Stanley, VA. but both are part of Tax Map ID #71A5-A-31

Monthly Cost Estimate

$3,610/mo

20% down · 6.5% · 30 years

Principal$488
Interest$2,925
Insurance$197

Estimates only. Actual payments may vary.

Location

208 W MAIN Street

Stanley, VA 22851

Property Details

Construction

Vinyl Siding Block Brick

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 0-bathroom other at 208 W MAIN Street is listed at $675,000. The estimated monthly payment is $3,610 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 1.13 acre lot, 16 parking spaces.

This property is listed by Judith A Bell and can be reached at (540) 860-9104.

JB

Judith A Bell

License 0225149519

Agent at Bill Dudley & Associates Real Estate

(540) 860-9104
Agent website

Listed by Bill Dudley & Associates Real Estate · Broker phone: (540) 860-9104 · Broker website

MLS# VAPA2007016· Source: Bright MLS· 4 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

208 W MAIN Street, Stanley, VA 22851

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