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Freestanding Bank Building
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155 E LEE HWY, Chilhowie, VA 24319

Built in 2006, the property combines a functional layout with General Business, B-2 zoning.

Property Size3,728 SF
Price / SF$107.30
Days on Market63

Property Features for 155 E LEE HWY

General Information

Standard status Active
Size 3,728 SF
Property subtype Retail, Office, Hospitality
Zoning General Business, B-2

Additional Details

Highway Access Yes

Building Details

Year Built 2006
Stories 2
Listing Agency: Price Richards Commercial
Listed By: David Richards · License #VA 0225249039
Source: Crexi
Added: Jun 29 Changed: Aug 30 Last Checked: Aug 30 at 4:20PM

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 Price Richards Commercial

Investment Insights

Based on property information with market context.

This 3,728-square-foot freestanding commercial building was constructed in 2006 and previously operated as a financial institution. The property offers a functional interior layout and established improvements suited to continued commercial use or redevelopment within the existing structure.

Located at 155 E Lee Hwy in Chilhowie, Virginia, the building sits within a commercial corridor with convenient access and strong visibility. General Business, B-2 zoning supports its commercial positioning, while the existing bank-oriented configuration provides a defined starting point for a new owner.

Key Highlights

  • 3,728‑square‑foot freestanding commercial building
  • Constructed in 2006
  • Previously operated as a financial institution

Property Analytics

Current Use

Banks

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
110k
Monthly Visits Nearby

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?
Bank - Built in 2006, the property combines a functional layout with General Business, B-2 zoning.
Where is this bank located?
The property is located at 155 E LEE HWY Chilhowie, VA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: 3,728‑square‑foot freestanding commercial building; Constructed in 2006; Previously operated as a financial institution
More about this property
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