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Flex Building with Two Bays
For Sale
$125,000

501 S Center St, Richlands, VA 24641

Commercial Sale, Richlands, VA

Property Size2,100 SF
Lot Size0.10 Acres
Price / SF$59.52
Days on Market51

Property Features for 501 S Center St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Parking 3
Subdivision Not In Subdivision
Directions From Claypool Hill 11 miles toward Richlands. Proceed to Front St drive about 0.7 miles through main 2nd Street. Continue down S 2nd Street for 1 mile destination on the left.
Standard status Active
APN 105a813
Size 2,100 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 266

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Propane (Heating)
Cooling system Ceiling Fan(s)
Water source Public

Amenities

mini-apartment
multi-use space

Building Details

Year built 1985
Building materials Block, Metal Siding
Roof type Metal
Listing Agency: Highlands Real Estate Sea Glass
Listed By: Caroline Blevins · License #381649
Added: Jul 16 Changed: Sep 3 Last Checked: Sep 4 at 7:06PM
MLS# 9998458

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,100-square-foot flex property occupies a 0.1-acre lot and includes a two-bay garage configuration with separate vehicle-accessible work areas. The building also contains a self-contained living area, along with additional space suited to storage or commercial operations. Block and metal siding, a metal roof, propane heating, and ceiling fan cooling are among the existing improvements.

The property is zoned B2 and has public water and public sewer service. Water is available, and the building was constructed in 1985. Located at 501 S Center St in Richlands, Virginia, the site combines garage, storage, and flexible commercial functionality within a compact footprint.

Key Highlights

  • 2,100‑square‑foot flex property on a 0.1‑acre lot
  • Two independent garage bays for vehicle work or equipment storage
  • Self‑contained living area within the building

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.

Lease Details

2
Service bays

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-sided commercial property with workshop capacity, vehicle storage, 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 $125,000.
What are key features of this property?
This property features: 2,100‑square‑foot flex property on a 0.1‑acre lot; Two independent garage bays for vehicle work or equipment storage; Self‑contained living area within the building
More about this property
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