Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    119 NW Independence Ave Wise, VA 24293

    Sponsored
    For Sale
    $475,000

    COMMERCIAL - Wise, VA

    Property size:
    8,900 SF
    Lot size:
    2.09 Acres
    Days on Market:
    116
    Last Refresh:
    Jan 10 at 9:06 am

    Property Features for 119 NW Independence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    032693
    Parking
    20
    Size
    8,900 SF
    Lot size
    2.09 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1976
    Building materials
    Block, Brick
    Roof type
    Metal

    RIDGEVIEW REAL ESTATE (276) 328-0055

    Listing agent Robin Dotson (276) 393-3964 License #0225205320

    Listing date Sep 17, 2025

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Downtown Wise

    This commercial property is situated on 2.088 acres in downtown Wise. The property includes two buildings. One building has 7680 square feet of retail space currently occupied by two businesses. The other two-story building contains a 1280-square-foot hair salon. The one-story building includes two garage bays for each business. Ample parking is available. The two buildings are located on the perimeter of the property, leaving approximately 1.5 acres available for development. The property is zoned commercial, offering potential for various business uses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Wise
    County
    Wise
    State
    Virginia
    Longitude
    -82.583732
    Latitude
    36.981177

    FAQs

    What type of property is this?
    Retail space - 2.088 acres with retail space and development potential.
    Where is this retail space located?
    The property is located at 119 NW Independence Ave Wise, VA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Prime commercial property in downtown Wise on 2.088 acres.; - Two existing buildings with a total of 8960 sq. ft. of retail/business space.; - Approximately 1.5 acres of developable land available.
    (276) 393-3964
    Request Owner's contact information
    119 NW Independence Ave Wise, VA 24293
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    119 NW Independence Ave
    Wise, VA 24293
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 NW Independence Ave Wise, VA 24293
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.