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522&516 N Main St Hillsville, VA 24343

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For Sale
$875,000

MULTI_FAMILY - Hillsville, VA

Property size:
16,766 SF
Added:
Mar 7, 2026
Days on Market:
27
Last Refresh:
Apr 3 at 5:06 pm

Property Features for 522&516 N Main St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Rooms
Bedroom 5, Bedroom 2, Bedroom 11, Bedroom 12, Bedroom 7, Bedroom 9, Bedroom 13, Bedroom 8, Bedroom 3, Bedroom 6, Bedroom 10, Bedroom 14, Bedroom 4, Basement, Bedroom 15, Bedroom 1
Security features
Security System
Window features
Insulated Windows, Vinyl Frames
Interior features
Carbon Monoxide Detector, Newer Paint
Basement
Unfinished
Appliances
Range Hood, Range, Dishwasher, Refrigerator, Electric Water Heater
Standard status
Active
Size
16,766 SF

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2167

Utilities

Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Ductless, Zoned
Water source
Public

Building Details

Year built
1930
Number of units
10
Flooring type
Wood, Vinyl
Building materials
Brick
Roof type
Metal

We can help!

Listing Contact
Elaine Smith

Listing agent Elaine Smith License #0225239057

Listing office BHHS- Mountain Sky Properties-Hillsville 445 W Stuart Drive, Bland, VA

Listing date Mar 7, 2026

MLS# 104698 Listing URL

Copyright © 2026 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hillsville Multi-Family Investment Opportunity

Two commercial buildings in Hillsville, Virginia, offer immediate income for multi-family investors. The first property is a multi-use building with an established tenant on the main floor. The spacious top floor can be converted into office or retail spaces, or additional apartments, to maximize investment potential. This building benefits from high visibility and foot traffic, presenting an opportunity for retail or professional services. The second property features a mix of residential and retail options. The ground floor is designed for retail leasing, providing high exposure. The top floor is finished, with four one-bedroom and two two-bedroom apartments fully rented and producing immediate income. The second floor is framed for three two-bedroom apartments, one one-bedroom apartment, and a common laundry room, enhancing rental potential in a desirable area. The combined properties offer a total size of 16766 square feet.
Location Intelligence

Current Use by Public Records

Retail space

Map

City
Hillsville
County
Carroll
State
Virginia
Longitude
-80.7373816
Latitude
36.7662698

FAQs

What type of property is this?
Mixed-use property - Two commercial buildings in Hillsville, VA, offering immediate income.
Where is this mixed-use property located?
The property is located at 522&516 N Main St Hillsville, VA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Immediate Income: Both properties are fully rented, offering immediate income.; High Rental Potential: Property 2 has framed space for additional apartments, increasing future rental income.; Multi‑Use Buildings: Benefit from diverse income streams with a mix of commercial and residential options.
More about this property
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