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Medical Office with Reception Area

255 Riverside Dr, Bassett, VA 24055

For Sale
$169,000

Commercial Sale, Bassett, VA

Property Size1,456 SF
Lot Size0.67 Acres
Price / SF$116.07
Days on Market207

Property Features for 255 Riverside Dr

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Rooms Bathroom 1, Bathroom 2
Subdivision Bassett
Standard status Active
Size 1,456 SF
Lot size 0.67 Acres

Additional Details

Property Use Office

Building Details

Year built 1984
Floors in Building 1
Listing Agency: Cockram Realty, LLC
Listed By: Missy Bateman
Added: Apr 17 Changed: Nov 4 Last Checked: Nov 9 at 10:06PM
MLS# 150048

Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,456-square-foot medical office, built in 1984, has a waiting area, reception space, work area, four offices, a storage room, and two half baths. A rear entrance serves the building. The property is offered as-is, and recent work includes newer gutters, a roof, and some electrical upgrades.

The level 0.67-acre site is across Riverside Drive from Stanleytown Rehabilitation Center. Parking is available. The current tenant has a month-to-month lease with a 30-day release clause and may remain. The tenant pays electric, water, sewer, and natural gas.

Key Highlights

  • 1,456‑square‑foot medical office on 0.67 acres
  • Four offices, waiting area, reception space, work area, storage room, and two half baths
  • Current tenant is on a month‑to‑month lease with a 30‑day release clause and may remain

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Building Supply (Bike/Boat/Book/etc) Store Pharmacy

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby
Well-served
Demand for This Use

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
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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

Frequently Asked Questions

What type of property is this?
Medical Office Space - A 0.67-acre property offers a level site and parking, with a current tenant on a month-to-month lease.
Where is this medical office space located?
The property is located at 255 Riverside Dr Bassett, VA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 1,456‑square‑foot medical office on 0.67 acres; Four offices, waiting area, reception space, work area, storage room, and two half baths; Current tenant is on a month‑to‑month lease with a 30‑day release clause and may remain
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