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    26 Church St Martinsville, VA 24112

    Sponsored
    For Lease
    $10 SF/Yr ($4,632 /Mo)

    Prime Office Suites, Flexible Layout

    Lot size:
    5,559 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office property at 26 West Church Street in Uptown Martinsville, VA, offers a unique opportunity for businesses seeking flexible and conveniently located space. The building, a Class B property constructed in 1970, boasts a total of 5,559 square feet across two stories and sits on a 0.3-acre lot. Currently, there are 2,647 square feet of vacant space available, divisible into units as small as 1,200 square feet, allowing for customization to suit various business needs. The property is zoned C-UB and serviced by Martinsville City Electric. The building's excellent location directly across Church Street from the Martinsville City Municipal Building provides high visibility and easy access to city services. The second floor features flexible space, ideal for a variety of office configurations, and benefits from desirable professional co-tenants. Ample parking is available for tenants and their clients. While there are no elevators, the building's two-story layout offers manageable access. This property is perfect for businesses seeking a professional image in a vibrant and accessible location. The space can be further subdivided into up to three smaller offices, providing scalability for growing businesses. The property's APN is 000754100. This is an excellent opportunity to establish a presence in the heart of Uptown Martinsville.

    Property Features for 26 Church St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,559 SF
    Class
    B
    Total Rate
    4632.5

    Building Details

    Year Built
    1970
    Stories
    2

    Unit(s) available at that property

    Space
    Floor 2
    Size
    2,647 SF
    Rate per SF
    $10

    HighLights

    • 5,559 SF Office Building with 2,647 SF of Vacant Space Available
    • Multiple Tenancy Available, Minimum Divisible Space 1,200 SF
    • Excellent Uptown Martinsville Location Across from City Municipal Building
    • Class B, Two‑Story Building Built in 1970, 0.3‑Acre Lot
    • Zoned C‑UB, Served by Martinsville City Electric, No Elevators
    Property Profile Location Intelligence

    Current Use by Public Records

    J & R Management, ... Property Management Company Walsh's Chicken And More Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martinsville
    County
    Martinsville City
    State
    Virginia
    Longitude
    -79.874314225436
    Latitude
    36.691242572393

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    FAQs

    What type of property is this?
    Restaurant - Prime Office Suites, Flexible Layout
    Where is this restaurant located?
    The property is located at 26 Church St Martinsville, VA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 5,559 SF Office Building with 2,647 SF of Vacant Space Available; Multiple Tenancy Available, Minimum Divisible Space 1,200 SF; Excellent Uptown Martinsville Location Across from City Municipal Building
    Request Owner's contact information
    26 Church St Martinsville, VA 24112
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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
    26 Church St Martinsville, VA 24112
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