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    522 N Main St Hillsville, VA 24343

    Sponsored
    For Sale
    $900,000

    MULTI_FAMILY - Hillsville, VA

    Property size:
    16,766 SF
    Lot size:
    0.19 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 7:06 pm

    Property Features for 522 N Main St

    General Information

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

    Utilities

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

    Building Details

    Year built
    1931
    Number of units
    10
    Flooring type
    Vinyl
    Building materials
    Brick

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

    Listing agent Elaine Smith (540) 315-0155

    Listing date Jan 6, 2026

    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

    Mixed-Use Building in Historic Hillsville

    This mixed-use building, located on Main Street in Historic Hillsville, Virginia, offers a blend of retail and residential spaces. The ground floor is suited for retail tenants, benefiting from high visibility and foot traffic. The top floor features six newly completed and fully rented apartments. These apartments include new flooring, paint, appliances, fixtures, and heat/air units, as well as access to a shared laundry room. The current configuration includes four 1-bedroom apartments and two 2-bedroom apartments, providing immediate income. The second floor is framed and ready for build-out to accommodate an additional three 2-bedroom units, one 1-bedroom unit, and a shared laundry room. The building has a total area of 16,766 square feet and is situated on a 0.1879-acre lot. This property is suitable for investors seeking diversified revenue streams and growth potential in a growing community.
    Property Profile Insight Report 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

    Nearby Similar for Sale

    • $375,000
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      Historic Hillsville Multi-Use Building

      Commercial building with tenant and apartment conversion potential in Hillsville.
      516 N Main St, Hillsville, VA 24343
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    • New
      $900,000
      16,766 SF

      Versatile Mixed-Use Investment Opportunity

      Mixed-use building with retail and residential spaces in Hillsville, VA.
      522 N Main St, Hillsville, VA 24343
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    FAQs

    What type of property is this?
    Mixed-use property - Versatile investment property with retail and residential income potential.
    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: - 16,766 sq ft mixed-use building with retail and residential spaces in Historic Hillsville.; - Six newly completed and fully rented apartments provide immediate income.; - Second floor framed and ready for build-out of four additional apartment units, maximizing rental income.
    (540) 315-0155
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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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