121 East Main Street, Chilhowie, VA 24319

Building Details

Buildings 1 More

Tenancy Multi More

Listing Agency: Price Richards Commercial

Listed By: David Richards · License VA #0225249039 Show Phone

Source: Crexi

Added: Sep 24 Changed: Nov 9 Last Checked: Nov 10 at 8:00AM

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Investment Insights

Based on property information with market context.

This mixed-use property combines ground-floor office or retail space with residential space above. The residential portion is leased, and the 714-square-foot storefront is vacant. The upper level underwent reconstruction in 2026, while the ground-floor space received renovation work in 2025 ahead of its lease renewal.

The property is at 121 East Main Street in Chilhowie, Virginia. Main Street facades were renovated in 2024.

Key Highlights

• 714‑square‑foot ground‑floor storefront is vacant
• Residential space on the upper floor is leased
• Upper level reconstructed in 2026

Property Analytics

Current Use

Thompson & Litton Engineer

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

219

Businesses Nearby

110k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Shops & Services 24% Groceries 20%

McDonald's Dining

30,350 visits/mo 0.1 miles

Food City Groceries

22,069 visits/mo 0.1 miles

Exxon Shops & Services

18,316 visits/mo 0.2 miles

Hardee's Dining

15,950 visits/mo 0.3 miles

Taco Bell Dining

11,568 visits/mo 0.1 miles

Demographics for 24319, VA

6,500

Population

3,100

Households

2.1

Avg Household Size

46

Median Age

20%

College-Educated

89%

High-School Grad

62.4 sq mi

ZIP Area

104

Density / Sq Mi

$49,140

Median Household Income

$39,216

Median Earnings

$775

Median Rent

$145,400

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

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Upper-level residential space is leased, while the ground-floor storefront is available.

Where is this mixed-use property located?

The property is located at 121 East Main Street Chilhowie, VA.

What is the asking price?

The asking price for this property is $567,000.

What are key features of this property?

This property features: 714‑square‑foot ground‑floor storefront is vacant; Residential space on the upper floor is leased; Upper level reconstructed in 2026