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Historic Two-Level Office Building
For Sale
$250,000

20 E Main St, Martinsville, VA 24112

Six suites support flexible occupancy with multiple private entrances and updated baths.

Property SizeContact for details
Days on Market12

Property Features for 20 E Main St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $956
Listing Agency: MKB, REALTORS - FRANKLIN CO
Listed By: ANGIE MCGHEE · License #0225095935
Source: Exprealty
Added: Aug 12 Changed: Aug 22 Last Checked: Aug 22 at 4:22AM

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 MKB, REALTORS - FRANKLIN CO

Investment Insights

Based on property information with market context.

This office building occupies two levels and contains six suites with multiple private entrances, allowing the spaces to function separately. Updated baths, built-in cabinetry, additional storage, and a mezzanine support the building’s office configuration. Distinctive interior details include exposed brick, oversized Palladian windows, and an original bank vault. The property also includes views toward the Original Courthouse Square.

The building stands at the corner of Main and Walnut Streets in Martinsville’s Historic District. It was originally the county’s first bank, giving the property a documented historical use alongside its current office layout. The suite arrangement provides flexibility for an owner-occupant or separate leasing of individual spaces.

Key Highlights

  • Six versatile suites arranged across two levels
  • Multiple private entrances support separate suite access
  • Updated baths, built‑in cabinetry, mezzanine, and additional storage

Property Analytics

Current Use

D&C's Collectibles, Toyz, ... (Bike/Boat/Book/etc) Store Uptown Aesthetics & Wellness Spa & Massage Center The Wellness Bar Uptown Gym & Fitness Center

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Kitchen & Bath Showroom HVAC Service Garden Center (Bike/Boat/Book/etc) 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

1,194
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 building - Six suites support flexible occupancy with multiple private entrances and updated baths.
Where is this office building located?
The property is located at 20 E Main St Martinsville, VA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Six versatile suites arranged across two levels; Multiple private entrances support separate suite access; Updated baths, built‑in cabinetry, mezzanine, and additional storage
More about this property
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