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Multi-Office Building with Parking
For Sale
Contact for pricing
Pending

233 W Depot Street, Bedford, VA 24523

Main-level office layout includes reception, conference, kitchen, storage, and multiple restrooms.

Property Size2,280 SF
Days on Market149

Property Features for 233 W Depot Street

General Information

Standard status Pending
Size 2,280 SF
Property subtype Retail

Additional Details

Gross Income $10,800
Office Units 8

Amenities

Reception area
Conference room
Kitchen
Storage
Full bathroom
Heat pumps

Building Details

Buildings 1
Stories 2
Tenancy Single
Listing Agency: CENTURY 21 ALL-SERVICE
Listed By: Judy Rush · License #0225002398
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 5 at 8:26PM

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 CENTURY 21 ALL-SERVICE

Investment Insights

Based on property information with market context.

This 60 x 38 office building provides a substantial main-level business layout with 8+ offices, reception, conference space, a kitchen, storage, and 2 bathrooms. The lower level adds storage and a full bathroom, while 2 heat pumps serve the building. Parking is available at both the front and rear, with a deeded right-of-way providing access behind the building.

The property is positioned in downtown Bedford near the courthouse, banking services, and arts center. A current tenant has signed a second year of its lease, providing an established occupancy arrangement. The building’s combination of private offices, shared business areas, storage, and parking supports a range of professional office configurations.

Key Highlights

  • 60 x 38 office building
  • Main level includes 8+ offices, 2 BA, reception, conference room, kitchen, and storage
  • Lower level storage with full BA

Property Analytics

Current Use

Bedford Bulletin Publishing House

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom Electrical Service Real Estate Agency

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

8
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby

Demographics for 24523, VA

18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
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 - Main-level office layout includes reception, conference, kitchen, storage, and multiple restrooms.
Where is this office building located?
The property is located at 233 W Depot Street Bedford, VA.
What are key features of this property?
This property features: 60 x 38 office building; Main level includes 8+ offices, 2 BA, reception, conference room, kitchen, and storage; Lower level storage with full BA
More about this property
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