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Two-Story Mixed-Use Building
For Sale
$399,000

195 S 1st Street, Wytheville, VA 24382

Main-level tenants occupy the building, with additional space available upstairs in the B-2DT district.

Property Size4,949 SF
Price / SF$80.62
Days on Market811

Property Features for 195 S 1st Street

General Information

Standard status Active
Size 4,949 SF
Property subtype Commercial
Zoning B-2DT

Additional Details

Corner Location Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,254

Amenities

Public Restrooms
Lighting

Building Details

Building Size 4,949 SF
Year Built 1932
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: United Country Anders Realty & Auction
Listed By: Mitch Anders · License #0225197222
Source: Alleghanyhighcountryrealty
Added: Aug 15, 2024 Changed: Nov 2 Last Checked: Nov 3 at 5:59AM

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 United Country Anders Realty & Auction

Rey
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Investment Insights

Based on property information with market context.

This 4,949-square-foot, two-story mixed-use building dates to 1932. Tenants occupy spaces on the main floor, while the second floor offers more than 2,000 square feet of additional area. The property is zoned B-2DT.

At 195 S 1st Street in downtown Wytheville, the building occupies a corner location. Its former uses included salons, meeting space, a radio station, and a restaurant.

Key Highlights

  • 4,949‑square‑foot building constructed in 1932
  • More than 2,000 SF of space on the second floor
  • Main‑level spaces are occupied by tenants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Parking Lot & Garage Electrical Service Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby

Demographics for 24382, VA

14,109
Population
7,682
Households
1.8
Avg Household Size
46
Median Age
23%
College-Educated
88%
High-School Grad
189.9 sq mi
ZIP Area
74
Density / Sq Mi
$52,234
Median Household Income
$38,208
Median Earnings
$706
Median Rent
$167,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level tenants occupy the building, with additional space available upstairs in the B-2DT district.
Where is this mixed-use property located?
The property is located at 195 S 1st Street Wytheville, VA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4,949‑square‑foot building constructed in 1932; More than 2,000 SF of space on the second floor; Main‑level spaces are occupied by tenants
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