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Mixed-Use Buildings with Apartments
For Sale
$875,000

522&516 N Main St, Hillsville, VA 24343

Commercial Sale, Hillsville, VA

Property Size16,766 SF
Price / SF$52.19
Days on Market88

Property Features for 522&516 N Main St

General Information

Property type Commercial Sale
Property subtype Other
Parking 1
Lot features City Lot, Seller Will Not Divide
Directions From I77 take Exit 14 towards Hillsville, turn left onto N Main St, buildings are on the Left.
Subdivision Hillsville
Standard status Active
Size 16,766 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Main St
Tax Annual Amount 2167
Legal Description Main St

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Water source Public

Building Details

Year built 1930
Floors in Building 2
Flooring type Carpet, Wood
Building materials Brick, Masonry
Roof type Metal
Listing Agency: BHHS- Mountain Sky Properties-Hillsville
Listed By: Elaine Smith · License #0225239057
Added: May 27 Changed: Aug 22 Last Checked: Aug 22 at 6:06AM
MLS# 104694

Copyright © 2026 Southwest Virginia Association of Realtors. 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 mixed-use offering comprises two commercial buildings totaling 16,766 square feet at 522&516 N Main St, Hillsville, VA 24343. Brick and masonry construction, wood and carpet flooring, metal roofing, public water and public sewer support the improvements, which date to 1930.

The properties combine retail and residential components. One building has an established tenant on the main floor, while its upper level offers space that can be configured for office, retail, or apartment use. The second building includes retail space at ground level and six occupied apartments upstairs, consisting of four one-bedroom units and two two-bedroom units. An additional framed area provides three two-bedroom apartments, one one-bedroom apartment, and a common laundry room. Ductless heating is installed throughout the property.

Key Highlights

  • Two mixed‑use buildings totaling 16766 square feet
  • 522&516 N Main St, Hillsville, VA 24343
  • Six occupied apartments: four one‑bedroom and two two‑bedroom units

Property Analytics

Current Use

Retail space

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 24343, VA

8,849
Population
4,556
Households
1.9
Avg Household Size
48
Median Age
14%
College-Educated
86%
High-School Grad
126.0 sq mi
ZIP Area
70
Density / Sq Mi
$53,933
Median Household Income
$33,857
Median Earnings
$674
Median Rent
$139,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected commercial properties combine occupied apartments, retail potential, and additional space for future buildout.
Where is this mixed-use property located?
The property is located at 522&516 N Main St Hillsville, VA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two mixed‑use buildings totaling 16766 square feet; 522&516 N Main St, Hillsville, VA 24343; Six occupied apartments: four one‑bedroom and two two‑bedroom units
More about this property
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