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Commercial Land with Three-Phase Power
For Sale
$135,963

556 S Main Street, Marion, VA 24354

Existing utility infrastructure supports office operations and equipment requiring substantial electrical capacity.

Property Size9,440 SF
Price / SF$14.40
Days on Market370

Property Features for 556 S Main Street

General Information

Standard status Active
Size 9,440 SF
Property subtype General Commercial

Amenities

A/C - Other
3
Rubber
IRR

Building Details

Year Built 1925
Listing Agency: KW Bristol
Listed By: Richard Shinault · License #312615,
Source: Xome
Added: Aug 27, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:42PM

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 KW Bristol

Investment Insights

Based on property information with market context.

This commercial land offering includes 9,440 SF of existing area and an established electrical installation. The property was built in 1925 and includes active service for lighting, office functions, and general outlets, along with a separate circuit configured for three-phase industrial use. The site’s electrical system provides 120/240V service through a 3-phase, 4-wire open-delta configuration, with a dedicated 25 kVA transformer bank and dual meter sockets.

Located at 556 S. Main Street in Marion, Virginia, the property may be evaluated for rehabilitation or redevelopment. The existing utility setup can support applications such as industrial air compressors, CNC equipment, commercial refrigeration, or high-capacity HVAC systems. The dormant industrial meter connection remains in place for potential reactivation by a future owner or tenant.

Key Highlights

  • 9,440 SF property with existing improvements
  • Established 3‑phase, 4‑wire open‑delta electrical configuration
  • Dedicated 25 kVA pole‑mounted transformer bank

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Electrical Service Building Supply Parking Lot & Garage Pharmacy Storage Facility

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

237
Businesses Nearby

Demographics for 24354, VA

14,446
Population
6,929
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
119.7 sq mi
ZIP Area
121
Density / Sq Mi
$42,076
Median Household Income
$35,662
Median Earnings
$686
Median Rent
$142,100
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Existing utility infrastructure supports office operations and equipment requiring substantial electrical capacity.
Where is this commercial land located?
The property is located at 556 S Main Street Marion, VA.
What is the asking price?
The asking price for this property is $135,963.
What are key features of this property?
This property features: 9,440 SF property with existing improvements; Established 3‑phase, 4‑wire open‑delta electrical configuration; Dedicated 25 kVA pole‑mounted transformer bank
More about this property
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