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Mixed-Use Property on Main Thoroughfare
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904 Park Ave NW, Norton, VA 24273

Mixed-use property with retail and office/apartment space.

Property Size33,700 SF
Price / SF$8.16
Days on Market168

Property Features for 904 Park Ave NW

General Information

Standard status Active
Size 33,700 SF
Property subtype Multifamily, Retail

Building Details

Buildings 1
Listing Agency: Price Richards Commercial
Listed By: Dave Prater · License #0225259762
Source: Crexi
Added: Feb 25 Changed: Aug 8 Last Checked: Aug 10 at 6:17AM

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 Price Richards Commercial

Investment Insights

Based on property information with market context.

This mixed-use property features 22,500 square feet of retail space situated on a main thoroughfare. Additionally, the property includes 11,250 square feet of space suitable for office or apartment use, located upstairs with a separate entrance. The property also includes two lots on the backstreet, offering potential parking options.

Key Highlights

  • 22,500 sq ft of retail space on main thoroughfare
  • 11,250 sq ft of office or apartment space upstairs
  • Separate entrance for upstairs space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Electrical Service Garden Center Auto Repair Shop

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

484
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Dining 42% Hotels & Casinos 14%
Captain D's Dining
4,788 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
3,264 visits/mo 0.4 miles
Valero Energy Shops & Services
3,262 visits/mo 0.5 miles
Hampton Inn Hotels & Casinos
2,085 visits/mo 0.2 miles
Pizza Hut Dining
1,473 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with retail and office/apartment space.
Where is this mixed-use property located?
The property is located at 904 Park Ave NW Norton, VA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 22,500 sq ft of retail space on main thoroughfare; 11,250 sq ft of office or apartment space upstairs; Separate entrance for upstairs space
More about this property
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