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Renovated Multi-Unit Medical Office Property
For Sale
$2,550,000

929 N Main Street, Marion, VA 24354

COMMERCIAL - Marion, VA

Property Size15,348 SF
Lot Size1.79 Acres
Price / SF$166.15
Days on Market143

Property Features for 929 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 50
Subdivision Not In Subdivision
Directions I-81 take exit 47. Turn left onto US Hwy 11/ N Main St for 1.0 Mile. Property will be on the right.
Standard status Active
APN 172-72-10
Size 15,348 SF
Lot size 1.79 Acres

Taxes and HOA fees

Tax Annual Amount 17263

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1971
Building materials Brick
Roof type Rubber
Listing Agency: Highlands Real Estate Sea Glass of Marion
Listed By: Joe Robinson · License #0225258965
Added: Mar 26 Changed: Aug 4 Last Checked: Aug 15 at 11:06PM
MLS# 9992868

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 medical office property includes two buildings totaling 15,348 square feet and five individual business addresses. The spaces are occupied by medical office and retail users, with four units renovated and professionally built out during 2018–2019. The fifth unit received a new roof and new electrical service during 2024–2025. Brick construction, heat pump heating and cooling, a rubber roof, public water, and public sewer are among the existing property features.

The parcel provides approximately 300 feet of road frontage and on-site parking. The property was built in 1971 and is located in Marion, Virginia. Commercial zoning supports the existing office and retail configuration, subject to verification of applicable requirements and permitted uses.

Key Highlights

  • Two buildings totaling 15,348 square feet with five individual business addresses
  • Four units renovated and professionally built out during 2018–2019
  • Fifth unit improved with a new roof and new electrical service during 2024–2025

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Big Box & Wholesale Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24354, VA

14,446
Population
6,929
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
119.7 sq mi
ZIP Area
121
Density / Sq Mi
$42,076
Median Household Income
$35,662
Median Earnings
$686
Median Rent
$142,100
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-building commercial property with occupied medical office and retail spaces, recent improvements, and on-site parking.
Where is this medical office space located?
The property is located at 929 N Main Street Marion, VA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Two buildings totaling 15,348 square feet with five individual business addresses; Four units renovated and professionally built out during 2018–2019; Fifth unit improved with a new roof and new electrical service during 2024–2025
More about this property
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