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    522&516 N Main St Hillsville, VA 24343

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    For Sale
    $875,000

    MULTI_FAMILY - Hillsville, VA

    Property size:
    16,766 SF
    Price / SF:
    $52/SF
    Added:
    Mar 7, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 30 at 2:06 am

    Property Features for 522&516 N Main St

    General Information

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

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2167

    Utilities

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

    Building Details

    Year built
    1930
    Number of units
    10
    Flooring type
    Wood, Vinyl
    Building materials
    Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Elaine Smith

    Listing agent Elaine Smith License #0225239057

    Listing office BHHS- Mountain Sky Properties-Hillsville 445 W Stuart Drive, Bland, VA

    Listing date Mar 7, 2026

    MLS# 104698 Listing URL

    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

    Hillsville Multi-Family Investment Opportunity

    Two commercial buildings in Hillsville, Virginia, offer immediate income for multi-family investors. The first property is a multi-use building with an established tenant on the main floor. The spacious top floor can be converted into office or retail spaces, or additional apartments, to maximize investment potential. This building benefits from high visibility and foot traffic, presenting an opportunity for retail or professional services. The second property features a mix of residential and retail options. The ground floor is designed for retail leasing, providing high exposure. The top floor is finished, with four one-bedroom and two two-bedroom apartments fully rented and producing immediate income. The second floor is framed for three two-bedroom apartments, one one-bedroom apartment, and a common laundry room, enhancing rental potential in a desirable area. The combined properties offer a total size of 16766 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Hillsville
    County
    Carroll
    State
    Virginia
    Longitude
    -80.7373816
    Latitude
    36.7662698

    FAQs

    What type of property is this?
    Mixed-use property - Two commercial buildings in Hillsville, VA, offering immediate income.
    Where is this mixed-use property located?
    The property is located at 522&516 N Main St Hillsville, VA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Immediate Income: Both properties are fully rented, offering immediate income.; High Rental Potential: Property 2 has framed space for additional apartments, increasing future rental income.; Multi‑Use Buildings: Benefit from diverse income streams with a mix of commercial and residential options.
    More about this property
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