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Mixed-Use Building with Two Entrances
For Sale
$139,900

1039 N Independence Ave., Independence, VA 24348

Commercially zoned space can function as one operation or be divided between separate businesses.

Property Size1,222 SF
Price / SF$114.48
Days on Market325

Property Features for 1039 N Independence Ave.

General Information

Standard status Active
Size 1,222 SF
Total Parking Spaces 10
Property subtype Commercial
Zoning Commercial

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $621

Amenities

Public Restrooms

Building Details

Building Size 1,222 SF
Year Built 1950
Buildings 1
Listing Agency: Collins and Associates Realty
Listed By: Joan Collins · License #261782
Source: Alleghanyhighcountryrealty
Added: Dec 14, 2025 Changed: Nov 2 Last Checked: Nov 3 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Collins and Associates Realty

Rey
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Investment Insights

Based on property information with market context.

This 1,222-square-foot mixed-use building has two entrances and two electric meters, with a contiguous interior that can be divided into separate spaces. Recent work includes a replacement roof and heating unit, new flooring, and fresh interior and exterior paint. A hood and suppression system are installed, and the property has municipal water and sewer service.

Located within Independence town limits, the property is zoned Commercial. The layout supports use as a single space or separation into two areas.

Key Highlights

  • 1,222‑square‑foot building with two entrances and two electric meters
  • Contiguous interior can be divided into separate spaces
  • Recent roof and heating unit replacements, new flooring, and interior and exterior paint

Property Analytics

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Current Use

Booby Cox Dental Office Designs By Angela Hair Salon

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Hair Salon Real Estate Agency Clothing & Fashion Store

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

Lease Details

Yes
Utilities to site
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 24348, VA

4,725
Population
2,414
Households
2
Avg Household Size
47
Median Age
14%
College-Educated
83%
High-School Grad
101.9 sq mi
ZIP Area
46
Density / Sq Mi
$42,408
Median Household Income
$36,195
Median Earnings
$621
Median Rent
$146,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned space can function as one operation or be divided between separate businesses.
Where is this mixed-use property located?
The property is located at 1039 N Independence Ave. Independence, VA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 1,222‑square‑foot building with two entrances and two electric meters; Contiguous interior can be divided into separate spaces; Recent roof and heating unit replacements, new flooring, and interior and exterior paint
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