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    Independence, VA
    Live - Work Space

    Independence, VA Live-work Space for Sale

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    Galax, VA Fries, VA Sparta, NC Elk Creek, VA Piney Creek, NC Ennice, NC Mouth Of Wilson, VA Grassy Creek, NC
    Historic Live-Work Building
    Updated: Sep 4
    Historic Live-Work Building

    116 W Main St., Independence, VA 24348

    $499,900
    4,450 sqft
    4,450 square feet of total property size
    2,225‑square‑foot upper‑level residence refinished in 2019
    Two main‑level retail rental units
    2,000‑square‑foot basement for storage
    1900 construction with brick, masonry, and frame materials
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Victorian Live-Work Property
    Victorian Live-Work Property

    201 W Webster, Galax, VA 24333

    $375,000
    2,330 sqft

    Commercially zoned building combines adaptable business space with an updated upper-level apartment.

    View details
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    113 N Jefferson Avenue, West Jefferson, NC 28694

    $1,560,000
    0.06 AC lot

    Two-level commercial space features display windows, rear access, updated lighting, and two bathrooms.

    View details
    Remodeled Mixed-Use Building
    Remodeled Mixed-Use Building

    716 N Jefferson Avenue, West Jefferson, NC 28694

    $299,000
    0.06 AC lot

    Flexible main-level layout supports office, retail, salon, or storage uses.

    View details
    Corner Commercial Live-Work Property
    Corner Commercial Live-Work Property

    201 W Webster St, Galax, VA 24333

    Contact for pricing
    2,330 sqft

    1911 Victorian corner building zoned commercial with first-floor retail or office space and a newly renovated upper apartment.

    View details

    Independence, VA Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Independence, VA on our real estate platform. These investment opportunities span a total of 4,450 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for live-work properties in Independence, VA average $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 1

    Demographics Overview

    Population 5,095
    Population Growth (5Y) +15.6%
    Median Household Income $42,408
    College Educated 18.9%

    Taxes & Financing

    Tax Rate (average for all types) 0.57%
    Property Tax per SF $8.04 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grayson County

    New Delisted

    Total CRE Inventory on Market (SF)

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