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Pearisburg Shopping Center 900 Wenonah Ave 26,335 SF Vacant Retail Building Pearisburg, VA 24134 $1,214,450 CAD ($46.12 CAD/SF)
INVESTMENT HIGHLIGHTS
- Anchored by Dollar General with lease through 2027.
- 375 parking spaces and two loading docks.
- ±3-acre site with strong visibility near Main Street.
EXECUTIVE SUMMARY
Positioned in the heart of Pearisburg, Virginia, the Pearisburg Shopping Center at 900 Wenonah Avenue presents a compelling investment opportunity. This ±3-acre retail asset spans 26,335 square feet and is anchored by a long-standing Dollar General, which has operated at the site since 2007 and remains committed through June 2027 with renewal options. The property benefits from strong visibility near North Main Street and offers seamless access to local traffic corridors.
With 375 parking spaces and two loading docks, the center is well-equipped to support a variety of retail uses. Its strategic location within a stable residential and commercial community enhances its appeal for both national and regional tenants. The center’s layout and infrastructure support flexible leasing configurations, making it attractive for repositioning or value-add strategies. Offered at $870,000, this asset provides investors with immediate income and long-term upside in a growing Southwest Virginia market.
With 375 parking spaces and two loading docks, the center is well-equipped to support a variety of retail uses. Its strategic location within a stable residential and commercial community enhances its appeal for both national and regional tenants. The center’s layout and infrastructure support flexible leasing configurations, making it attractive for repositioning or value-add strategies. Offered at $870,000, this asset provides investors with immediate income and long-term upside in a growing Southwest Virginia market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
26,335 SF
Building Class
C
Year Built
1976
Price
$1,214,450 CAD
Price Per SF
$46.12 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
3.00 AC
Zoning
BB-2 - Business
Parking
375 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former grocery store
| Space | Size | Space Use | Position | Available |
| 1st Floor | 17,875 SF | Flex | - | Now |
1st Floor
| Size |
| 17,875 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 17,875 SF |
| Space Use | Flex |
| Position | - |
| Available | Now |
Former grocery store
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 40A-10-M-2 | Improvements Assessment | $1,248,310 CAD |
| Land Assessment | $197,330 CAD | Total Assessment | $1,445,640 CAD |
PROPERTY TAXES
Parcel Number
40A-10-M-2
Land Assessment
$197,330 CAD
Improvements Assessment
$1,248,310 CAD
Total Assessment
$1,445,640 CAD
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Pearisburg Shopping Center | 900 Wenonah Ave
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