Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    918 Chatham Hts Rd Martinsville, VA 24112

    New
    For Sale
    $94,900

    Commercial - Martinsville, VA

    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 918 Chatham Hts Rd

    General Information

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

    Building Details

    Year built
    1928
    Floors in Building
    1
    Architectural style
    Other

    The Spencer Group Real Estate and Auction (276) 732-8772 [email protected]

    Listing agent Penny Elliott (276) 638-5222

    Listing date Dec 7, 2025

    MLS# 144981 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

    Martinsville Commercial Property For Sale

    This commercial property in Martinsville, Virginia, offers potential for a new business. The property features a front office with the possibility of two additional offices. It includes a full kitchen, laundry facilities, and a full bath, all located on one level, with ample storage space. The property could accommodate various businesses, such as insurance, a beauty shop, a nail salon, or a real estate office. The property, situated on a lot of approximately 0.23 acres, can also be used for residential purposes. Square footage and lot size are estimated, with information taken from tax assessment and/or seller.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Martinsville
    County
    Martinsville
    State
    Virginia
    Longitude
    -79.8574
    Latitude
    36.7249

    Nearby Similar for Sale

    • $895,000
      0.50 Acres

      Martinsville Commercial Building For Sale

      13,000+ sq ft building in high traffic location.
      8 Lester St, Martinsville, VA 24112
      View Details
    • $225,000
      0.16 Acres

      Mixed-Use Property with Renovations

      Renovated mixed-use property with residential and commercial spaces in Martinsville.
      813 Brookdale St, Martinsville, VA 24112
      View Details
    • $59,900

      Martinsville Duplex Investment Opportunity

      Duplex in fixer-upper condition, ideal for investors or house hacking.
      25 Dunlap St, Martinsville, VA 24112
      View Details
    • $165,000
      1.00 Acres

      Commercial Building on Route 57

      Commercial building with road frontage, suitable for business or residential.
      4970 Chatham Rd, Martinsville, VA 24112
      View Details
    • $375,000
      0.73 Acres

      Martinsville Land For Sale

      Commercial opportunity with high traffic and ample paved space.
      1395 Virginia Ave, Martinsville, VA 24112
      View Details
    • $139,900
      0.71 Acres

      Martinsville Commercial Property on US 220

      7300 sq ft commercial space on heavily traveled US 220.
      1615 Virginia Ave, Martinsville, VA 24112
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial property with potential for various business or residential uses.
    Where is this storefront property located?
    The property is located at 918 Chatham Hts Rd Martinsville, VA.
    What is the asking price?
    The asking price for this property is $94,900.
    What are key features of this property?
    This property features: - Potential for various business types such as insurance, beauty shop, nail salon, or real estate.; - Suitable for both commercial and residential use.; - Features a full kitchen, laundry, and full bath on one level.
    (276) 638-5222
    Request Owner's contact information
    918 Chatham Hts Rd Martinsville, VA 24112
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    918 Chatham Hts Rd
    Martinsville, VA 24112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    918 Chatham Hts Rd Martinsville, VA 24112
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.