Marion, VA Commercial Real Estate for Sale

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28 properties
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Renovated Mixed-Use Property
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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Multi-Bay Flex Property
Updated: Jul 17
Multi-Bay Flex Property

236* E High Street, Marion, VA 24354

$1,362,500
26,460 sqft 0.83 AC lot
26,460‑square‑foot building with 11 offices and nine bays
Six additional properties included: four street‑addressed properties and two fenced, paved Pearl Avenue lots
C/I zoning
One full bathroom with showers and three half bathrooms
Loading dock, insulated attic storage and a cool storage room
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Mixed-Use Property with Student Suites
Mixed-Use Property with Student Suites

1046 Terrace Drive, Marion, VA 243554

$850,000
8,250 sqft 0.69 AC lot

Four furnished student suites share kitchen and living areas, alongside a separate healthcare office on the lower level.

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Retail Building with Apartment
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
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 Restaurant Fixtures
Mixed-Use Property with Restaurant Fixtures

1027 Lee Highway, Marion, VA 24354

$225,000
3,765 sqft

The main level includes diner furnishings, appliances, coolers, and retail shelving.

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Take-Out Restaurant with Storage
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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Furnished Breakfast and Diner Building
Furnished Breakfast and Diner Building

1027 Lee Hwy, Marion, VA 24354

$225,000
3,765 sqft

The main floor combines an open storefront with dining equipment, inventory display fixtures, an office, storage, and a bathroom.

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Flex Space with Garage Doors
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
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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Equipped Take-Out Restaurant Property
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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Corner Commercial Land
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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Adventure Recreation Land
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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Mixed-Use Student Housing Property
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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Fenced Agricultural Land with Barn
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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Wooded Agricultural Land
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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Working Farm with Livestock Infrastructure
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
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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Level Commercial Development Lot
Level Commercial Development Lot

Lot 66 Park Blvd, Marion, VA 24354

$59,000

Level commercial lot along Highway 16 near I-81 Exit 45 in Marion, VA, offering straightforward development potential.

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Fenced Virginia Farm With Pond
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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Level Commercial Land
Level Commercial Land

Lot 64 Park Blvd, Marion, VA 24354

$59,000

Highway frontage and creek adjacency support varied business uses.

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Commercial Highway Lot
Commercial Highway Lot

Highway 16 lot: 66, Marion, VA 24354

$59,000
0.30 AC lot

Level commercial land near an interstate interchange, offering a convenient setting for highway-oriented business use.

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Commercial Land Ready to Build
Commercial Land Ready to Build

228 Groseclose Street, Marion, VA 24354

$30,000
0.50 AC lot

Commercial land with town amenities, ready for immediate construction.

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Commercial General Land Site
Commercial General Land Site

311 E Lee Street, Marion, VA 24354

$289,000
1.41 AC lot

1.41-acre corner site in Marion’s CG zoning, with existing rental houses slated for demolition and river floodplain noted.

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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 28 active listings on our real estate platform. These investment opportunities span a total of 88,034 square feet of properties for sale, with an estimated market value of $14,421,400.

Sale prices for business properties in Marion, VA start at $30,000, averaging $515,050, 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 $461.9K

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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