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Office Units with Upstairs Rental Apartments
For Sale
$199,900

534 Virginia Ave, Bluefield, VA 24605

Commercial Sale, BLUEFIELD, VA

Property Size5,670 SF
Price / SF$35.26
Days on Market98

Property Features for 534 Virginia Ave

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Half bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 2
Elementary school district Bluefield
Middle school district Bluefield
High school district Bluefield
Directions From 460 W take VA-720 EXIT 3, Keep right off the ramp to head downtown. You are on College Ave/VA-102, then right onto Virginia Ave at red light. Property is on the left - midway the main block
Subdivision Tazewell
Standard status Active
APN Bluefield 024 Parcel 0015
Size 5,670 SF

Building Details

Year built 1950
Listing Agency: PREMIER REALTY LLC
Listed By: CARMEN STUART, BROKER
Added: May 15 Changed: Aug 20 Last Checked: Aug 20 at 11:06PM
MLS# 57073

Copyright © 2026 Mercer Tazewell Co BOR. 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 Office Units property combines main-level office space with upstairs living space. The building is configured with office space on the ground level and two rental units upstairs, which are currently rented. One business is rented downstairs on a long-term basis, while the upstairs rental units are also leased. There are front and rear entrances for access to the property.

The main level contains 2,880 SF of office space, and the upper level contains 2,790 SF of living and rental space. Upstairs and downstairs have separate electric service, which can support separate operating needs.

The property was built in 1950 and includes newer heat pump with air, gas heat, and a newer roof. With office space plus residential rental units under one roof, it offers a mixed-income setup for an owner-operator or investor seeking multiple revenue components.

Key Highlights

  • 2,880 SF main level with existing office space
  • 2,790 SF upper level with two rental units currently rented
  • Front and rear entrances

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply (Bike/Boat/Book/etc) Store Pharmacy Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 24605, VA

9,104
Population
4,187
Households
2.2
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
49.1 sq mi
ZIP Area
185
Density / Sq Mi
$51,411
Median Household Income
$39,026
Median Earnings
$823
Median Rent
$144,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Main-level office space and two upstairs rental units with front and rear entrances and separate electric service.
Where is this office units located?
The property is located at 534 Virginia Ave Bluefield, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2,880 SF main level with existing office space; 2,790 SF upper level with two rental units currently rented; Front and rear entrances
More about this property
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