Medical Premises

Marion, VA Medical Office Space for Sale

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Wytheville, VA Atkins, VA Chilhowie, VA Sugar Grove, VA Troutdale, VA Saltville, VA Broadford, VA Rural Retreat, VA
Renovated Mixed-Use Property
Updated: Jul 9
Renovated Mixed-Use Property

929 N Main, Marion, VA 24354

$2,450,000
15,348 sqft 1.79 AC lot
15,348‑square‑foot mixed‑use property with two masonry buildings
Five individual business addresses with tenants currently in place
Four units fully renovated and built out in 2018–2019
Remaining unit received a new roof and electrical service in 2024–2025
Approximately 300 feet of road frontage with on‑site parking
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Renovated Office Units with Tenancy
Updated: Mar 26
Renovated Office Units with Tenancy

929 N Main Street, Marion, VA 24354

$2,550,000
15,348 sqft 1.79 AC lot
15,348‑square‑foot office‑unit property across two brick buildings
Five individual business addresses with tenants in place
Four units completely renovated and built out in 2018‑2019
Remaining unit improved with a new roof and new electrical service in 2024‑2025
Approximately 300 feet of road frontage on N Main Street
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Mixed-Use Property with Student Suites
Mixed-Use Property with Student Suites

1046 Terrace Drive, Marion, VA 243554

$850,000
8,250 sqft 0.69 AC lot

R3-zoned building combines residential suites with a separately configured health care office area.

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Mixed-Use Student Housing Property
Mixed-Use Student Housing Property

1046 Terrace Drive, Marion, VA 24354

$850,000
8,250 sqft

Updated mixed-use property combines student accommodations with a leased health care office component.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Marion, 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.

Single-Level Medical Office
Single-Level Medical Office

612 Campus Drive, Abingdon, VA 24210

$639,950
2,490 sqft

Built in 2006 with exam rooms, private offices, and patient-oriented support areas.

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Office Building with Medical Layout
Office Building with Medical Layout

212 N Church Street, Mountain City, TN 37683

$399,900
3,024 sqft 0.34 AC lot

Consultation rooms, treatment areas, storage, natural light, and client parking support a range of professional office uses.

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Office Building with Three Suites
Office Building with Three Suites

407 E Main St, Abingdon, VA 24210

$889,000
8,482 sqft

Three-suite office building on East Main Street in Abingdon, VA, zoned B2 and R3 for flexible use.

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Updated Office Unit
Updated Office Unit

122 E Main Street, Mountain City, TN 37683

$129,000
2,100 sqft

Commercial office unit with recent building improvements and public water and sewer service.

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Marion, VA Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in Marion, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 47,196 square feet of properties for sale, with an estimated market value of $6,700,000.

Sale prices for medical spaces in Marion, VA start at $850,000, averaging $1,675,000, and reaching up to $2,550,000 — 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

Office Units 5
Medical Office Space 4

Demographics Overview

Population 13K
Population Growth (5Y) -9.4%
Median Household Income $42,076
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Marion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24354 $2.1M

Taxes & Financing

Tax Rate (average for all types) 0.58%
Property Tax per SF $7.95 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Smyth County

New Delisted

Total CRE Inventory on Market (SF)

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