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Former Bank on Corner Lot
For Sale
Contact for pricing
Pending

380 Riverside Drive, Bassett, VA 24055

Natural gas heating and air conditioning serve the existing commercial building.

Property SizeContact for details
Days on Market143

Property Features for 380 Riverside Drive

General Information

Standard status Pending
Property subtype Retail, Office, Special Purpose
Listing Agency: Barnett Commercial Realty, Inc.
Listed By: James Barnett, CCIM · License #VA 0225029188
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 6:28PM

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 Barnett Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

The property includes a former bank building measuring approximately 3000 SF on a 1 AC corner parcel controlled by a traffic signal. Natural gas heating and air conditioning are in place, supporting the existing commercial improvements.

Located at 380 Riverside Drive in Bassett, Virginia, the property is within 1/2 mile of the US 220 By-Pass. Nearby businesses and services include CVS, Food Lion, Dollar General, Subway, Hardee's, urgent care, a health care center, and multiple automobile dealerships. Route 57A provides access toward Philpott Lake and Fairystone State Park.

Key Highlights

  • Former bank building with approximately 3000 SF
  • 1 AC traffic light corner lot
  • Natural gas heating and air conditioning

Property Analytics

Current Use

Banks

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Building Supply Grocery & Convenience Store Pharmacy Auto Repair Shop

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

94
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Shops & Services 28% Dining 27%
Food Lion Grocery Store Groceries
22,712 visits/mo 0.4 miles
Hardee's Dining
11,156 visits/mo 0.5 miles
Dollar General Shops & Services
6,080 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
3,137 visits/mo 0.4 miles
Family Dollar Shops & Services
2,874 visits/mo 0.1 miles

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

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 - Natural gas heating and air conditioning serve the existing commercial building.
Where is this bank located?
The property is located at 380 Riverside Drive Bassett, VA.
What are key features of this property?
This property features: Former bank building with approximately 3000 SF; 1 AC traffic light corner lot; Natural gas heating and air conditioning
More about this property
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