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Two-Bay Flex Building
For Sale
$160,000

501 S Center St, Richlands, VA 24641

Metal commercial building with vehicle-service bays, storage capacity, and a self-contained living area.

Property Size2,100 SF
Price / SF$76.19
Days on Market51

Property Features for 501 S Center St

General Information

Standard status Active
Size 2,100 SF
Property subtype Commercial

Building Details

Year Built 1985
Construction metal building
Listing Agency: Highlands Real Estate Sea Glass
Listed By: Caroline Blevins · License #381649
Source: Easttennesseelistings
Added: Jul 11 Changed: Aug 29 Last Checked: Aug 30 at 6:03PM

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 Highlands Real Estate Sea Glass

Investment Insights

Based on property information with market context.

This flex property at 501 S Center St includes a 2,100-square-foot metal building completed in 1985. The layout features two separate garage bays suitable for vehicle maintenance, workshop operations, or commercial equipment storage, along with additional space for storage or business use.

A self-contained mini-apartment is incorporated into the building, providing a private living area within the property. The combination of garage bays, flexible interior space, and residential-style accommodations supports a range of commercial, storage, and operational needs.

Key Highlights

  • 2,100‑square‑foot metal flex building
  • Two independent garage bays for maintenance, workshop, or equipment storage
  • Self‑contained mini‑apartment with a private layout

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Bakery (Bike/Boat/Book/etc) Store Garden Center

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

410
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24641, VA

5,377
Population
2,830
Households
1.9
Avg Household Size
43
Median Age
14%
College-Educated
85%
High-School Grad
19.4 sq mi
ZIP Area
277
Density / Sq Mi
$37,044
Median Household Income
$40,087
Median Earnings
$823
Median Rent
$103,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Metal commercial building with vehicle-service bays, storage capacity, and a self-contained living area.
Where is this flex space located?
The property is located at 501 S Center St Richlands, VA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 2,100‑square‑foot metal flex building; Two independent garage bays for maintenance, workshop, or equipment storage; Self‑contained mini‑apartment with a private layout
More about this property
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