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Freestanding One-Story Office Building
For Sale
Contact for pricing
Pending

435 E Commonwealth Boulevard, Martinsville, VA 24112

Freestanding one-story office building on a 13,000 SF lot zoned P-2 near the medical office area.

Property Size4,772 SF
Lot Size0.30 Acres
Days on Market138

Property Features for 435 E Commonwealth Boulevard

General Information

Standard status Pending
Size 4,772 SF
Lot size 0.30 Acres
Property subtype Office
Zoning P-2

Building Details

Year Built 1981
Stories 1
Listing Agency: Barnett Commercial Realty, Inc.
Listed By: James Barnett, CCIM · License #VA 0225029188
Source: Crexi
Added: Apr 15 Changed: Aug 8 Last Checked: Aug 29 at 12:06AM

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 Barnett Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

This freestanding, one-story office building was built in 1981 and is offered for sale or lease. The property includes office space totaling 4,772 SF on a 13,000 SF lot.

The building is located on E Commonwealth Boulevard in Martinsville, VA, about half a mile from Memorial Hospital, within the medical office area. The property is zoned P-2.

As presented, the asset offers a standalone configuration suitable for office use, with the primary building improvements anchored by the 1981 construction and the dedicated lot size.

Key Highlights

  • Freestanding one‑story office building with 4,772 SF
  • Located on a 13,000 SF lot
  • Built in 1981

Property Analytics

Current Use

Cameron Douglas Physician Garber Tammy Medical Clinic Martinsville Otolaryngology Physician Dr. Steven J. ... Physician Stateline Heart & Vascular, ... Physician

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery (Bike/Boat/Book/etc) Store Catering Service 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.

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 24112, VA

30,978
Population
15,999
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
86%
High-School Grad
151.3 sq mi
ZIP Area
205
Density / Sq Mi
$47,059
Median Household Income
$34,100
Median Earnings
$770
Median Rent
$119,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding one-story office building on a 13,000 SF lot zoned P-2 near the medical office area.
Where is this office building located?
The property is located at 435 E Commonwealth Boulevard Martinsville, VA.
What are key features of this property?
This property features: Freestanding one‑story office building with 4,772 SF; Located on a 13,000 SF lot; Built in 1981
More about this property
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