Listing Agency: Highlands Realty

Listed By: Larry Dew · License #VA

Source: Crexi

Added: Apr 10 Changed: Aug 23 Last Checked: Sep 5 at 1:28PM

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Investment Insights

Based on property information with market context.

This remodeled retail space or office complex is currently rented as a medical care office. The building has a previous retail use, and a building sketch is available in the provided documents.

The property is located in downtown Clifton Forge at 416 E. Ridgeway Street. Access is available via curbside parking or within walking distance to rear public parking.

For sale as an income-producing medical care office within a flex retail/office building configuration.

Key Highlights

• Remodeled retail/office complex currently rented as a medical care office
• Downtown Clifton Forge location
• Curbside parking available, with rear public parking within walking distance

Property Analytics

Property Profile

Current Use

AmeriCare Plus Home ... Home Health Care Service 416 Gallery Department Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Building Supply Nail Salon

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

240

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 24422, VA

5,821

Population

2,882

Households

2

Avg Household Size

49

Median Age

19%

College-Educated

90%

High-School Grad

79.5 sq mi

ZIP Area

73

Density / Sq Mi

$48,235

Median Household Income

$36,736

Median Earnings

$691

Median Rent

$114,400

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Remodeled retail/office complex currently used as a medical care office with curbside and nearby rear public parking.

Where is this medical office space located?

The property is located at 416 E Ridgeway Street Clifton Forge, VA.

What are key features of this property?

This property features: Remodeled retail/office complex currently rented as a medical care office; Downtown Clifton Forge location; Curbside parking available, with rear public parking within walking distance