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Two-Storefront Mixed-Use Property
For Sale
$444,900
Pending

131 E Main St., Marion, VA 24354

Commercial Sale, Marion, VA

Property Size14,800 SF
Days on Market23

Property Features for 131 E Main St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Parking 1
Security features Security System
Interior features Elevator, Public Restrooms, Showroom
Exterior features Loading Docks
Accessibility Accessible Elevator Installed
Lot features City Lot
Directions From I-81N Take exit 44 toward US-11/Marion. Go for 0.4 mi. Turn right onto S Main St (US-11 N). Go for 1.9 mi. Turn left onto N Iron St. Go for 217 ft. Turn right onto E Court St. Go for 207 ft. Turn right onto N Chestnut St. Go for 92 ft.
Subdivision Marion
Standard status Pending
Size 14,800 SF

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1297

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Heat Pump (Heating), Central
Cooling system Central Air
Water source Public

Amenities

brand-new roof
newly paved parking area
multiple access points

Building Details

Year built 1913
Floors in Building 2
Flooring type Concrete, Vinyl
Building materials Brick
Roof type Metal
Listing Agency: Highlands Real Estate| Sea Glass Marion
Listed By: Natasha Honaker · License #0225243091
Added: Jul 31 Changed: Aug 22 Last Checked: Aug 22 at 10:06PM
MLS# 104082

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.

Investment Insights

Based on property information with market context.

This 14,800-square-foot mixed-use property combines two storefronts with additional space suited to retail, office, and residential functions. The upper-level apartment has been renovated, while the building retains a showroom, public restrooms, an elevator, and an accessible elevator installation. Brick construction dates to 1913, with concrete and vinyl flooring, central air, natural gas and heat-pump heating, and a metal roof.

The property fronts E. Main Street in downtown Marion and also provides rear access from E. Court Street. A newly paved parking area, loading docks, public water and sewer, and multiple points of entry support continued commercial use or adaptive reuse. The roof has been replaced with a new metal system, and the building’s layout accommodates a blend of storefront, office, and residential space.

Key Highlights

  • 14,800 square feet of mixed‑use space
  • Two Main Street storefronts with rear access from E. Court Street
  • Renovated upper‑level apartment

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Storage Facility

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

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 26% Home Improvements & Furnishings 2%
Hardee's Dining
11,337 visits/mo 0.2 miles
Macado's Dining
9,025 visits/mo 0.1 miles
Exxon Shops & Services
7,438 visits/mo 0.2 miles
Aaron's Home Improvements & Furnishings
617 visits/mo 0.3 miles

Demographics for 24354, VA

14,446
Population
6,929
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
119.7 sq mi
ZIP Area
121
Density / Sq Mi
$42,076
Median Household Income
$35,662
Median Earnings
$686
Median Rent
$142,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated upper-level apartment complements commercial space with rear access and multiple existing building systems.
Where is this mixed-use property located?
The property is located at 131 E Main St. Marion, VA.
What is the asking price?
The asking price for this property is $444,900.
What are key features of this property?
This property features: 14,800 square feet of mixed‑use space; Two Main Street storefronts with rear access from E. Court Street; Renovated upper‑level apartment
More about this property
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