Bank Building with
For Sale
$350,000
702 NW Park Avenue, Norton, VA 24273
Commercial Sale, Norton, VA
Property Size19,345 SF
Lot Size0.50 Acres
Price / SF$18.09
Days on Market610
Property Features for 702 NW Park Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Parking
20
Directions
Downtown Norton in the heart of everything, big white building
Subdivision
506 - Wise County
Standard status
Active
APN
465-11-8-4
Size
19,345 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
919
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1926
Building materials
Concrete, Stucco
Roof type
Rubber, Rolled Hot Mop
Listing Agency:
ReMax Mountain
Listed By:
Amy Hubbard · License #0225229270
(276) 393-3241
Added: Jan 24, 2025
Changed: Sep 8
Last Checked: Sep 26 at 10:06AM
MLS# 9975360
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 former bank property contains 19,345 square feet across a substantial concrete and stucco building constructed in 1926. The main level includes several separately accessible areas that can support individual occupancy, while the upper floors offer additional configuration possibilities. Original vaults, safe-deposit boxes, and keys remain in place, providing distinctive existing improvements.
The property encompasses 0.5 acres across four downtown lots in Norton. One lot includes the drive-through area and 20 parking spaces. B-2 zoning supports commercial space on the lower level, with the source information also identifying potential for loft or apartment conversion on the upper floors. Public water and public sewer serve the property, with heat pump heating and cooling.
The property encompasses 0.5 acres across four downtown lots in Norton. One lot includes the drive-through area and 20 parking spaces. B-2 zoning supports commercial space on the lower level, with the source information also identifying potential for loft or apartment conversion on the upper floors. Public water and public sewer serve the property, with heat pump heating and cooling.
Key Highlights
- 19,345 square feet in a former bank building constructed in 1926
- 0.5‑acre property spanning 4 downtown lots
- Drive‑through lot with 20 parking spaces
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 24273, VA
5,730
Population
2,690
Households
2.1
Avg Household Size
42
Median Age
13%
College-Educated
84%
High-School Grad
64.5 sq mi
ZIP Area
89
Density / Sq Mi
$39,797
Median Household Income
$34,863
Median Earnings
$678
Median Rent
$105,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Bank - B-2-zoned commercial building with flexible main-floor layouts, separate entrances, and upper-floor conversion potential.
Where is this bank located?
The property is located at 702 NW Park Avenue Norton, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 19,345 square feet in a former bank building constructed in 1926; 0.5‑acre property spanning 4 downtown lots; Drive‑through lot with 20 parking spaces
