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    522 N Main St Hillsville, VA 24343

    For Sale
    $900,000

    COMMERCIAL - Hillsville, VA

    Property size:
    16,766 SF
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 522 N Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    1
    Size
    16,766 SF

    Utilities

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

    Building Details

    Year built
    1931
    Floors in Building
    2
    Flooring type
    Wood, Concrete, Vinyl
    Building materials
    Brick

    Mountain Sky Properties (276) 228-8882 [email protected]

    Listing agent Elaine Smith (540) 315-0155

    Listing date Oct 27, 2025

    Copyright © 2025 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

    Versatile Mixed-Use Investment Opportunity

    This mixed-use building, offering over 16,799 square feet, is located on Main Street in Hillsville, Virginia. The ground floor is designed for retail tenants, benefiting from high visibility and foot traffic in the downtown area. The top floor features six newly completed apartments, comprising four 1-bedroom and two 2-bedroom units. These apartments include new flooring, paint, appliances, fixtures, and heat/air units, along with access to a shared laundry room. The second floor is framed and ready for build-out, with potential for three 2-bedroom units, one 1-bedroom unit, and a shared laundry room. The property is suited for investors seeking diversified revenue streams and growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hillsville
    County
    Carroll
    State
    Virginia
    Longitude
    -80.7373816
    Latitude
    36.7662698

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail and residential spaces in Hillsville, VA.
    Where is this mixed-use property located?
    The property is located at 522 N Main St Hillsville, VA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Immediate income potential from 6 newly completed apartments with new appliances, flooring, paint, fixtures, and HVAC units.; - Versatile mixed-use building with retail space on the ground floor and residential apartments above.; - Significant expansion opportunity with the second floor framed and ready for build-out of additional apartments.
    (540) 315-0155
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    522 N Main St Hillsville, VA 24343
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    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
    522 N Main St Hillsville, VA 24343
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