$2,650,000
Marion, VA 24354
MLS# 9992868
15348 sqft
Property Description
This outstanding commercial property features two buildings encompassing five individual business addresses, all with tenants currently in place. The spaces are utilized as professional medical offices and retail, offering a diverse and stable income stream. Four of the five units were completely renovated and professionally built out in 2018-2019. The remaining unit has been substantially improved with a new roof and new electrical service completed in 2024-2025. The property offers approximately 300 feet of road frontage, providing excellent visibility and convenient access. Situated on a generous 1.74-acre parcel, it includes ample on-site parking to support current and future uses. With its strong tenancy, recent upgrades, and prime location, this property presents nearly limitless potential and represents a long-term investment opportunity poised to deliver solid returns for years to come. Addendum: Additional documentation available in listing documents. Information is deemed reliable but not guaranteed. Buyer and buyers agent to verify.
Details
Maps
Location, Tax & Legal Info
Lot #: 10-21
Parcel ID: 172-72-10
Deed Book #: 1011
Deed Page #: 268
City Taxes: 3965.76
County Taxes: 17262.72
Contract Info
List Price/SqFt: 172.66
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 2650000
Current Price: $2,650,000
Listing Date: 2026-03-26
General Property Description
Road Frontage Length: 300
Acres: 1.79
Lease: No
Lot Size: 300 x 260
Zoning: Commercial
HOA Y/N: No
Stories: 1
Total SqFt Finished: 15348
Total SqFt Unfinished: 0
# Parking Spaces: 50
# Restrooms: 8
Annual Lease $: 208500
Year Built: 1971
Total SqFt: 15348
Remarks & Misc
Public Remarks: This outstanding commercial property features two buildings encompassing five individual business addresses, all with tenants currently in place. The spaces are utilized as professional medical offices and retail, offering a diverse and stable income stream. Four of the five units were completely renovated and professionally built out in 2018-2019. The remaining unit has been substantially improved with a new roof and new electrical service completed in 2024-2025. The property offers approximately 300 feet of road frontage, providing excellent visibility and convenient access. Situated on a generous 1.74-acre parcel, it includes ample on-site parking to support current and future uses. With its strong tenancy, recent upgrades, and prime location, this property presents nearly limitless potential and represents a long-term investment opportunity poised to deliver solid returns for years to come.
Addendum: Additional documentation available in listing documents.
Information is deemed reliable but not guaranteed. Buyer and buyers agent to verify.
Directions: I-81 take exit 47. Turn left onto US Hwy 11/ N Main St for 1.0 Mile. Property will be on the right.
Property Condition
Above Average: 1
Business Type
Dental: 1
Medical: 1
Professional Service: 1
Professional/Office: 1
Exterior Finish
Brick: 1
Other Equipment
Fire Alarm: 1
Roof
Rubber: 1
Road Access
City Street: 1
Highway: 1
Electric Service
220 Volts: 1
Development Status
See Remarks: 1
Heating
Heat Pump: 1
Info Available
Aerial: 1
AC
Heat Pump: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Easements
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 929
St Direction: North
Street Name: Main
St Suffix: Street
County: Smyth
State/Province: VA
Zip Code: 24354
Area: 503 - Marion
Subdivision: Not In Subdivision
Property Features
Property Condition: Above Average
Business Type: Dental; Medical; Professional Service; Professional/Office
Exterior Finish: Brick
Other Equipment: Fire Alarm
Roof: Rubber
Electric Service: 220 Volts
Development Status: See Remarks
Heating: Heat Pump
AC: Heat Pump
Utilities: Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Water: Public
Sewer: Public Sewer
Road Access: City Street; Highway
Info Available: Aerial
Restrictions: See Remarks
Easements: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: Highlands Real Estate Sea Glass of Marion
Last Updated: March - 26 - 2026
Information deemed reliable but not guaranteed.