Norton Apartment Building For
For Sale
$60,000
730 NE Virginia Avenue, Norton, VA 24273
COMMERCIAL - Norton, VA
Property Size5,860 SF
Lot Size0.15 Acres
Price / SF$10.24
Days on Market452
Property Features for 730 NE Virginia Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMERCIAL
Subdivision
Not In Subdivision
Directions
From Orby Cantrell Hwy (US 23 N) from Big Stone Gap, take the first Norton exit. Turn left at the end of exit ramp. At traffic light, turn left. At the traffic light, turn right. Turn onto 6th St at Home Hardware. Go to Virginia Ave and turn left. Property is at end of Virginia Ave.
Standard status
Active
APN
232n1070
Size
5,860 SF
Lot size
0.15 Acres
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1920
Building materials
Stone, Vinyl Siding
Roof type
Composition, Shingle
Listing Agency:
Appalachian Realty Executives, LLC
(276) 523-2635
Listed By:
Brenda Hill · License #0225080332, 310750
(276) 393-1942
Added: May 27, 2025
Changed: Aug 4
Last Checked: Aug 21 at 3:06PM
MLS# 9980805
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 18-unit apartment building is located in Norton, Virginia, at the corner of Virginia Avenue and Kline Avenue. The building features vinyl siding, a stone foundation, and a shingled roof. Heating is provided by baseboard heaters, and the property is connected to public water and sewer systems. Each unit is equipped with its own electric meter. The building has 5860 square feet of space on a 0.15-acre lot. Two basement apartments have walkout access to Virginia Avenue, while the first and second floors have walkout access to Eighth Street and Kline Avenue. On-street parking is available. The property, zoned commercial, has great income potential.
Key Highlights
- Great income potential with this 18‑unit apartment building.
- 18‑unit apartment building.
- Each unit has its own electric meter.
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
429
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit apartment building with income potential in Norton, Virginia.
Where is this apartment building located?
The property is located at 730 NE Virginia Avenue Norton, VA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Great income potential with this 18‑unit apartment building.; 18‑unit apartment building.; Each unit has its own electric meter.
