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Vacant Retail and Office Portfolio
For Sale
Contact for pricing
Pending

925 Park Ave NW, Norton, VA 24273

Vacant portfolio totaling 20,000 square feet available for redevelopment into retail and office uses.

Property Size50,423 SF
Days on Market453

Property Features for 925 Park Ave NW

General Information

Standard status Pending
Size 50,423 SF
Class C
Property subtype Mixed Use, Office, Retail, Special Purpose
Zoning B-2
Occupancy 56%
Lease Type Gross
Investment Type Value Add

Building Details

Buildings 6
Stories 1
Units 11
Tenancy Multi
Listing Agency: CENTURY 21 Legacy Realty Johnson City
Listed By: Tyler Carver · License #255309
Source: Crexi
Added: Jun 10, 2025 Changed: Aug 8 Last Checked: Jul 24 at 11:02AM

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 CENTURY 21 Legacy Realty Johnson City

Investment Insights

Based on property information with market context.

For sale portfolio investment opportunity at 925 Park Ave NW in Norton, VA. The offering includes a total of 20,000 square feet that is currently vacant, presenting a value-add redevelopment opportunity for a new owner.

The property is marketed as a mix of retail and office space, with the available configuration supporting re-tenanting for business use after improvements. Prospective buyers can evaluate the existing layout and consider how the space may be repositioned for retail storefronts and office tenants. Additional details on unit mix, frontage, and condition are not provided in the available materials, so due diligence is recommended.

Key Highlights

  • Vacant portfolio totaling 20,000 SF available for redevelopment
  • Redevelopment potential for retail and office uses

Property Analytics

Current Use

JGreat Entertainment Theater & Performing Art Venue LibertyX Bitcoin ATM Atm The Great Sports Field & Court light the night ministries ... Food Bank

Suggested Use

Top Pick Real Estate Agency Auto Parts Store HVAC Service Parking Lot & Garage Electrical Service Garden Center

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

411
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant portfolio totaling 20,000 square feet available for redevelopment into retail and office uses.
Where is this retail space located?
The property is located at 925 Park Ave NW Norton, VA.
What are key features of this property?
This property features: Vacant portfolio totaling 20,000 SF available for redevelopment; Redevelopment potential for retail and office uses
(423) 483-5311 Call to check price and availability
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