Building Details

Year built 1984

Floors in Building 1

Listing Agency: Southern Virginia Properties

Listed By: Elle Wilk · License #VA0225047347 Show Phone

Added: Dec 2, 2025 Changed: Sep 7 Last Checked: Sep 12 at 5:06PM

Report an Issue

MLS# 145617

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1,424-square-foot bar property was built in 1984 and includes an interior bar, two bathrooms, and an outdoor patio with seating. The patio overlooks a pond, adding an outdoor component to the existing bar layout. The property encompasses 4.491 acres and includes a large parking lot.

Located at 82 Saddleridge Rd in Bassett, Virginia, the property offers access to Fairystone State Park, Goose Point, and Philpott Lake. The former Red & Mae’s property is available for sale as an existing bar-oriented commercial asset with indoor and outdoor spaces.

Key Highlights

• 1,424‑square‑foot property built in 1984
• 4.491‑acre commercial property
• Interior bar with two bathrooms

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Electrical Service Hair Salon Restaurant Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 24055, VA

12,236

Population

6,273

Households

2

Avg Household Size

49

Median Age

15%

College-Educated

80%

High-School Grad

86.6 sq mi

ZIP Area

141

Density / Sq Mi

$41,733

Median Household Income

$35,686

Median Earnings

$524

Median Rent

$113,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this bars & pubs located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Flex Building With Garage Bays

8655 Fairystone Park Highway, Bassett, VA 24055

$549,000

5,600 SF

View details

Medical Office with Four Offices

255 Riverside Dr, Bassett, VA 24055

$178,000

1,456 SF

View details

12-Unit Apartment Portfolio

575 Colonial Hill Dr, Bassett, VA 24055

$925,000

3,176 SF

View details

26-Lot Mobile Home Park

15 Spruce Pine Lane, Bassett, VA 24055

$274,900

373,744 SF

View details

House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$299,000

1,150 SF

View details

House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$299,000

0.00 Acres

View details

Frequently Asked Questions

What type of property is this?

Bar & Pub - Includes an interior bar, outdoor seating overlooking a pond, and a parking lot in Bassett.

Where is this bar & pub 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: 1,424‑square‑foot property built in 1984; 4.491‑acre commercial property; Interior bar with two bathrooms