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    910 Main St Marion, VA 24354

    Sponsored
    For Lease
    Contact for pricing

    Thriving Marion, VA retail center; spaces available.

    Lot size:
    96,469 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Parkway Shopping Center, a multi-tenant retail property in Marion, Virginia, offers a unique investment opportunity. This 96,469 square foot shopping center is strategically located in a town with a diverse and robust economy driven by healthcare, retail trade, and manufacturing. The presence of Emory & Henry University's Health Sciences Campus, with its 1,358 students, contributes significantly to the local economy. Marion's rich history, including its association with Mountain Dew and the annual Mountain Dew Festival (celebrating 50 years), adds to its unique character and attracts tourism. The town's location on the renowned "Back of the Dragon" scenic driving route also draws motorcycle and sports car enthusiasts. The shopping center benefits from the presence of established national retailers such as Walmart, Ingles, Tractor Supply, and Ollie's Bargain Outlet. Currently anchored by Food City, a significant 45,000 square foot space will become available in September 2026, presenting a substantial opportunity for expansion or new tenancy. Three spaces are currently available, ranging in size from 1,011 to 45,866 square feet, providing flexibility for various retail businesses. This property presents a compelling investment prospect in a vibrant and growing community. Located in Smyth County, this shopping center is well-positioned to capitalize on the existing retail landscape and the town's unique appeal.

    Property Features for 910 Main St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,469 SF

    Unit(s) available at that property

    Space
    Unit 9
    Size
    0 SF
    Space
    Unit 6
    Size
    0 SF
    Space
    Unit 1
    Size
    0 SF

    HighLights

    • Retail property in Smyth County, VA.
    • 96,469 square feet total building area.
    • Multi‑tenant shopping center with three spaces currently available, ranging from 1,011 to 45,866 square feet.
    • Food City anchored (anchor space available September 2026).
    • Located in Marion, VA, near Walmart, Ingles, Tractor Supply, and Ollie's Bargain Outlet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Smyth
    State
    Virginia
    Longitude
    -81.5056347
    Latitude
    36.8407254

    Nearby Comparable

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      45,866 SF

      Retail Space in Parkway Center

      Retail space available in Marion, VA shopping center.
      910-924 N Main St, Marion, VA 24354
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      Retail Space in Shopping Center

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      STARBUCKS ANCHORED STRIP

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      Retail Space in Richlands, VA

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    Nearby Similar for Lease

    • Contact for pricing
      45,866 SF

      Retail Space in Parkway Center

      Retail space available in Marion, VA shopping center.
      910-924 N Main St, Marion, VA 24354
      View Details
    • $16 SF/Yr
      14,183 SF

      Prime Marion, VA Commercial Space

      14,183 SF, Versatile, Newly Renovated
      208 Commerce St, Marion, VA 24354
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Shopping Center

      Retail space available within a dominant shopping center.
      1125 N Main St, Marion, VA 24354
      View Details

    FAQs

    What type of property is this?
    Retail property - Thriving Marion, VA retail center; spaces available.
    Where is this retail property located?
    The property is located at 910 Main St Marion, VA.
    What are key features of this property?
    This property features: Retail property in Smyth County, VA.; 96,469 square feet total building area.; Multi-tenant shopping center with three spaces currently available, ranging from 1,011 to 45,866 square feet.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    910 Main St Marion, VA 24354
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