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Investment Highlights

  • 100% leased to Hometown Grill, an established family-friendly diner serving breakfast, lunch, and dinner. LXD 12/31/2031
  • Located near the Lake Monticello community, providing a consistent nearby customer base
  • Positioned near Route 15, a major north-south artery, the property serves as a high visibility gateway for regional traffic
  • Ample parking designed to accommodate high-volume retail or professional use

Executive Summary

63 Market Street presents a freestanding retail investment opportunity in Palmyra, Virginia, fully leased to Hometown Grill through 12/31/2031. The 3,936 SF ± building sits on 0.52 acres ± and is strategically positioned near Route 15, providing access for regional traffic. Located near the Lake Monticello community, the property benefits from a consistent nearby customer base and proximity to national retailers including Food Lion, Tractor Supply Co., and Dollar General. The site also features ample parking designed to accommodate high-volume retail or professional use.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,936 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.52 AC
Zoning
R-3

Amenities

  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Hometown Grill
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease End
Hometown Grill Accommodation and Food Services 99,999 SF - Jan 0000
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
18C 1 C2
Land Assessment
$110,251 CAD
Improvements Assessment
$541,626 CAD
Total Assessment
$651,877 CAD
  • Listing ID: 40707665

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 63 Market St, Palmyra, VA 22963

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