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Mixed-Use Building with Retail
For Sale
$325,000

528 W Main St, Wise, VA 24293

Mixed-use building with approximately 2,000 sq ft of retail and storage plus two occupied apartments.

Property Size2,462 SF
Price / SF$132.01
Days on Market193

Property Features for 528 W Main St

General Information

Standard status Active
Size 2,462 SF

Additional Details

Business Included Yes
Multifamily Units 2
Listing Agency: REMAX Cavaliers
Listed By: Randy Wampler · License #0225218272
Source: Exprealty
Added: Jan 30 Changed: Aug 11 Last Checked: Aug 11 at 9:47AM

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 REMAX Cavaliers

Investment Insights

Based on property information with market context.

This mixed-use property offers approximately 2,462 total square feet with retail space, storage, and on-site apartments. The main level includes a substantial retail footprint with large storefront windows suitable for display-driven businesses. Additional room is described as offering space that could be used for offices and meeting rooms, including the option for a larger conference setting.

The building is located at 528 W Main St in Wise, Virginia, described as being in the heart of the county seat with abundant traffic flow. The property includes paved parking and is positioned for convenient access to shopping and dining within minutes. Two occupied apartments are included, with the upstairs unit described as three bedrooms and one bath, and the downstairs unit described as two bedrooms and one bath. Appliances are noted for the units, including a range of kitchen and laundry items, and upgrades include new flooring in the downstairs unit.

For buyers or operators, the configuration supports multiple approaches, including operating a retail business from the storefront while using the apartment income as part of the overall property strategy. The main level area is also described as having enough room that a studio apartment could be added with its own private entrance, and the front area could be rented as well, subject to how you choose to set up the space.

Key Highlights

  • Mixed‑use building with approximately 2,000 sq ft of retail space and storage.
  • In operation as a flower shop for approximately 60 years; space can be used for other business endeavors.
  • Large storefront windows on the main level for retail display.

Property Analytics

Current Use

Sexton Flowers, Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Storage Facility Locksmith Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store

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
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 24293, VA

9,442
Population
4,642
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
84%
High-School Grad
56.6 sq mi
ZIP Area
167
Density / Sq Mi
$53,970
Median Household Income
$36,643
Median Earnings
$801
Median Rent
$119,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with approximately 2,000 sq ft of retail and storage plus two occupied apartments.
Where is this mixed-use property located?
The property is located at 528 W Main St Wise, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Mixed‑use building with approximately 2,000 sq ft of retail space and storage.; In operation as a flower shop for approximately 60 years; space can be used for other business endeavors.; Large storefront windows on the main level for retail display.
More about this property
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