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Waterfront Mixed-Use Property
For Sale
Contact for pricing
Pending

3775 Fairystone Park Highway, Bassett, VA 24055

Commercial building with two residential apartments and public water and sewer service along the Smith River.

Property SizeContact for details
Days on Market41

Property Features for 3775 Fairystone Park Highway

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use
Listing Agency: Berry Elliot Realtors
Listed By: Rod Berry · License #VA 0225043337
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 12:33AM

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 mixed-use property combines a commercial building with two apartments on the second level. Each apartment includes a living room, kitchen, one bedroom, and one bathroom, creating a defined residential component above the commercial space. Public water and sewer serve the property.

The building borders the Smith River, which is stocked with trout. The property is located near Bassett’s historic train station, three miles from Philpott Lake, and 15 minutes from Martinsville Speedway. These surrounding features add identifiable recreational and destination-oriented context to the commercial setting.

Key Highlights

  • Waterfront property bordering the Smith River
  • Two second‑level apartments, each with a living room, kitchen, one bedroom, and bathroom
  • Public water and sewer service

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Plumbing Service Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring 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

99
Businesses Nearby

Demographics for 24055, VA

12,236
Population
6,273
Households
2
Avg Household Size
49
Median Age
15%
College-Educated
80%
High-School Grad
86.6 sq mi
ZIP Area
141
Density / Sq Mi
$41,733
Median Household Income
$35,686
Median Earnings
$524
Median Rent
$113,900
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 - Commercial building with two residential apartments and public water and sewer service along the Smith River.
Where is this mixed-use property located?
The property is located at 3775 Fairystone Park Highway Bassett, VA.
What are key features of this property?
This property features: Waterfront property bordering the Smith River; Two second‑level apartments, each with a living room, kitchen, one bedroom, and bathroom; Public water and sewer service
More about this property
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