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    82 Saddleridge Rd Bassett, VA 24055

    New
    For Sale
    $179,900

    Commercial - Bassett, VA

    Lot size:
    4.49 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 82 Saddleridge Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Lot size
    4.49 Acres

    Building Details

    Year built
    1984
    Floors in Building
    1
    Architectural style
    Other

    Southern Virginia Properties (276) 299-2166

    Listing agent Elle Wilk (276) 299-2166

    Listing date Dec 2, 2025

    MLS# 145617 Listing URL

    Copyright © 2025 Martinsville, Henry, Patrick Counties 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

    Former "Red & Mae's" For Sale

    The property, formerly known as "Red & Mae's," is available for sale in the Bassett community. The listing benefits from its location, providing convenient access to Fairystone State Park, Goose Point, and Philpott Lake. Key features include an outdoor patio with seating overlooking a pond, a large parking lot, and an inside bar. The property is located at 82 Saddleridge Rd in Bassett, VA, with a postal code of 24055, situated in Henry County. The lot size is 4.491 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Food Market Grocery Store Electrical Service Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Bassett
    County
    Henry
    State
    Virginia
    Longitude
    -80.0800315
    Latitude
    36.7466419

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    FAQs

    What type of property is this?
    Bar - Commercial property with outdoor patio and large parking lot.
    Where is this bar located?
    The property is located at 82 Saddleridge Rd Bassett, VA.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Convenient location with easy access to Fairystone State Park, Goose Point, and Philpott Lake.; - Large parking lot.; - **Outdoor patio with seating overlooking the pond.**
    (276) 299-2166
    Request Owner's contact information
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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
    82 Saddleridge Rd Bassett, VA 24055
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