Marion, VA Commercial Real Estate for Sale

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Updated: Jul 17

Nine-Bay Flex Space Complex

236* E High Street, Marion, VA 24354

$1,362,500

26,460 sqft 0.83 AC lot

Seven properties included in the sale, including the warehouse complex and two fenced paved Pearl Avenue lots
Main building contains 26,460 square feet on a 0.83‑acre site
Warehouse/office layout includes 11 offices, 1 full bath with showers, and 3 half baths
Nine bays plus a loading dock support warehouse and service functions
Built in 1956 with brick, metal siding, masonry, central air, and heat pump heating

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Updated: Jul 9

Renovated Mixed-Use Property

929 N Main, Marion, VA 24354

$2,450,000

15,348 sqft 1.79 AC lot

15,348‑square‑foot mixed‑use property with two masonry buildings
Five individual business addresses with tenants currently in place
Four units fully renovated and built out in 2018–2019
Remaining unit received a new roof and electrical service in 2024–2025
Approximately 300 feet of road frontage with on‑site parking

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Two-Level Storefront Property

320 N Main Street, Marion, VA 24354

$299,000

2,880 sqft 0.23 AC lot

Masonry construction, public utilities, and central air support everyday occupancy.

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Retail Building with Apartment

718 N Main St, Marion, VA 24354

$189,000

1,888 sqft 0.66 AC lot

A multi-parcel retail building with ground-floor commercial space and an upper-level residential apartment.

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Renovated Office Units with Tenancy

929 N Main Street, Marion, VA 24354

$2,550,000

15,348 sqft 1.79 AC lot

Two commercial buildings provide multiple occupied office and retail suites with on-site parking and public utilities.

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Mixed-Use Property with Student Suites

1046 Terrace Drive, Marion, VA 243554

$850,000

8,250 sqft 0.69 AC lot

R3-zoned building combines residential suites with a separately configured health care office area.

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Take-Out Restaurant with Storage

534 S Main Street, Marion, VA 24354

$294,000

880 sqft 0.30 AC lot

Operating food-service property with kitchen equipment, detached storage, and additional land across two parcels.

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Equipped Take-Out Restaurant Property

534 Main Street, Marion, VA 24354

$294,000

880 sqft

Turnkey take-out restaurant setup with a detached storage building, including electricity and multiple freezers, plus two parcels included.

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Flex Space with Garage Doors

2202 Lee Highway, Marion, VA 24354

$269,000

3,200 sqft

Block construction, multiple rooms, kitchens, and full bathrooms support varied configurations.

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Commercial Land with Existing Building

718 N Main St, Marion, VA 24354

$189,000

0.66 AC lot

Three-parcel commercial site with dual-street frontage, utility connections, and an existing mixed-use building.

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Multi-Tenant Office Property

929 N Main Street, Marion, VA 24354

$2,550,000

15,348 sqft 1.74 AC lot

Two buildings provide occupied professional office and retail space with recent improvements and on-site parking.

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Two-Storefront Mixed-Use Property

131 E Main St., Marion, VA 24354

$444,900

14,800 sqft

Renovated upper-level apartment complements commercial space with rear access and multiple existing building systems.

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Corner Commercial Land

Park Blvd lot: 13, Marion, VA 24354

$125,000

0.80 AC lot

Commercial-zoned corner parcel with public water, public sewer, and electricity available.

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Two-Level Office Building

320 N Main St, Marion, VA 24354

$299,000

2,880 sqft

Two-level office building with paved parking, multiple offices, and a rear second-level exit.

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Fenced Virginia Farm With Pond

Old Eleven Road lot: 0, Marion, VA 24354

$1,200,000

219.68 AC lot

Agricultural property with pasture, livestock facilities, water resources, and fenced field infrastructure.

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Fenced Agricultural Land with Barn

Old Lake Rd lot: 0, Marion, VA 24354

$235,000

6.90 AC lot

Ag/Res-zoned acreage includes water features and a barn suited to livestock, equipment, and storage.

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Updated Office Building

766 Chatham Hill Rd, Marion, VA 24354

Contact for pricing

1,139 sqft

Functional office layout with reception, conference, private offices, and a kitchen/break room.

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Adventure Recreation Land

760 Walkers Creek Road, Marion, VA 24354

$179,900

40.00 AC lot

Recreational tract with existing zipline infrastructure, utility services, and improvements across multiple lots.

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Retail Store Buildings with Barn

109 Sapwood Drive, Marion, VA 24354

$36,750

984 sqft 0.46 AC lot

Two unoccupied buildings and an old barn convey as-is on a roughly half-acre commercial-zoned lot.

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Wooded Agricultural Land

Goodpasture Hollow Rd, Marion, VA 24354

$375,000

91.78 AC lot

A/R-zoned acreage includes an active hay field, wooded terrain, a creek, and water availability near Marion.

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Mixed-Use Student Housing Property

1046 Terrace Drive, Marion, VA 24354

$850,000

8,250 sqft

Updated mixed-use property combines student accommodations with a leased health care office component.

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Storefront Property with Outbuildings

109 Sapwood Drive, Marion, VA 24354

$36,750

984 sqft 0.46 AC lot

Commercially zoned property includes multiple structures and is conveyed in its present condition.

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Working Farm with Livestock Infrastructure

1044 Mitchell Valley Dr, Marion, VA 24354

$750,000

Farmland with hay, pasture, wooded areas, fencing, livestock watering, and a covered working pen.

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Level Commercial Lot

Highway 16 lot: 64, Marion, VA 24354

$59,000

0.30 AC lot

Commercially zoned parcel with Highway 16 frontage and electricity available.

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Marion, VA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Marion, VA, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 119,519 square feet of properties for sale, with an estimated market value of $17,637,800.

Sale prices for business properties in Marion, VA start at $30,000, averaging $551,181, and reaching up to $2,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K

Population Growth (5Y) -9.4%

Median Household Income $42,076

College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Marion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
24354	$527.2K

Taxes & Financing

Tax Rate (average for all types) 0.58%

Property Tax per SF $7.95 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Smyth County

New Delisted

Total CRE Inventory on Market (SF)

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