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Eight-Room Office Unit
For Sale
Contact for pricing
Pending

232 Broad Street, Martinsville, VA 24112

Office property with multiple rooms and a condition profile suited to a renovation plan.

Property SizeContact for details
Days on Market143

Property Features for 232 Broad Street

General Information

Standard status Pending
Property subtype Retail, Office, Multifamily

Property Condition

Severity Repairs Needed
Evidence Needs work
Listing Agency: Berry Elliot Realtors
Listed By: Rod Berry · License #VA 0225043337
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 1:18PM

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 Berry Elliot Realtors

Investment Insights

Based on property information with market context.

This office property at 232 Broad Street includes eight rooms and one bathroom. The building is described as being in fair condition and requires work, giving the next owner an opportunity to address the existing improvements according to applicable requirements.

The property is located in Martinsville, Virginia, near town. The source information also identifies possible residential use, subject to verification of zoning and other applicable requirements.

Key Highlights

  • Eight‑room office layout
  • One bathroom
  • Fair condition with work needed

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service Kitchen & Bath Showroom Auto Parts Store Garden Center

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

905
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 units - Office property with multiple rooms and a condition profile suited to a renovation plan.
Where is this office units located?
The property is located at 232 Broad Street Martinsville, VA.
What are key features of this property?
This property features: Eight‑room office layout; One bathroom; Fair condition with work needed
More about this property
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