Medical Premises

Martinsville, VA Medical Office Space for Sale

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Medical Office Suite with Storage
Updated: Mar 10
Medical Office Suite with Storage

15 Cleveland Avenue, Martinsville, VA 24112

$35,000
880 sqft 0.12 AC lot
Premium location for medical or professional business
Two exam rooms/offices
Features a waiting area
Lots of storage
Includes a bathroom
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Medical Office Condo For Sale
Updated: Mar 25
Medical Office Condo For Sale

15 Cleveland Avenue, Martinsville, VA 24112

$375,000
4,935 sqft
Highly desirable location at 15 Cleveland Avenue in Martinsville, VA
Approximately 4,935 SF of functional and versatile space
Perfect for a variety of medical specialties
Well‑maintained medical office condominium
Class B property
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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 19 Potential Opportunities for your consideration. Besides 2 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Medical Office Investment Opportunity
Medical Office Investment Opportunity

509 Van Buren Road, Eden, NC 27288

$2,500,000
6,250 sqft

Medical office space for sale, leased to Cone Health.

View details
Updated Office-Institutional Building
Updated Office-Institutional Building

529 Boyd Street, Reidsville, NC 27320

$149,000

Updated OI-zoned building with reception, offices, kitchen area, and restrooms plus rear parking improvements.

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Affordable Highway Commercial Space
Affordable Highway Commercial Space

7586 NC Highway 770, Eden, NC 27288

Contact for pricing
1,200 sqft

Commercial space on NC Highway 770 offers about 1,200 SF with flexible use options for office, medical, or retail.

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Medical Office Near Hospital
Medical Office Near Hospital

601 Harrison Street, Reidsville, NC 27320

$299,000

Exceptional medical office space with expansion potential near hospital.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Zoned Highway Business
Commercial Land Zoned Highway Business

1495 Concord Church Road, Creedmoor, NC 27522

$369,900
1.05 AC lot

1.0462-acre vacant lot with HB zoning, public utilities, and about 275 feet of road frontage on E. Lyon Station Road.

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Office & Institutional Zoning Lot
Office & Institutional Zoning Lot

College Street, Oxford, NC 27565

$150,000
0.65 AC lot

Cleared commercial lot with O&I zoning and 95 feet of road frontage on College St (Hwy 15).

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Cleared Development Lot
Cleared Development Lot

Tabor Drive, Salisbury, NC 28144

Contact for pricing
0.40 AC lot

Cleared residential lot in Rowan County, positioned close to the interstate and city limits.

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High Growth Area Land Opportunity
High Growth Area Land Opportunity

1200 Granite Falls, Rolesville, NC 27587

$1,390,000

Land suitable for medical offices, daycare, senior living, multi-family.

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Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

315 Hospital Dr
MEDICAL BUILDING

315 Hospital Dr, Martinsville, VA 24112-1945

$875,000
Estimated value
27,527 sqft 9.04 AC lot
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435 Commonwealth E Blvd
MEDICAL BUILDING

435 Commonwealth E Blvd, Martinsville, VA 24112-2014

Value Estimation by Request
4,773 sqft 0.63 AC lot
View details
445 Commonwealth E Blvd
MEDICAL BUILDING

445 Commonwealth E Blvd, Martinsville, VA 24112-2086

Value Estimation by Request
8,550 sqft 1.27 AC lot
View details
110 Commonwealth Blvd W Lot Lot
MEDICAL BUILDING

110 Commonwealth Blvd W Lot Lot, Martinsville, VA 24112-1832

Value Estimation by Request
2,700 sqft 0.63 AC lot
View details
1780 Old Chatham Rd
Medical Office Space

1780 Old Chatham Rd, Martinsville, VA 24112

Value Estimation by Request
View details
2646 Greensboro Rd Rte
Restaurants

2646 Greensboro Rd Rte, Martinsville, VA 24112

Value Estimation by Request
67,370 sqft
View details
425 Commonwealth E Blvd
MEDICAL BUILDING

425 Commonwealth E Blvd, Martinsville, VA 24112-2014

Value Estimation by Request
2,470 sqft 0.46 AC lot
View details
429 Commonwealth E Blvd
MEDICAL BUILDING

429 Commonwealth E Blvd, Martinsville, VA 24112-2014

Value Estimation by Request
4,000 sqft 0.84 AC lot
View details
1107 Brookdale St
MEDICAL BUILDING

1107 Brookdale St, Martinsville, VA 24112-4501

$750,000
Estimated value
38,605 sqft 8.09 AC lot
View details

Martinsville, VA Medical Office Space Market Trends and Statistics

Explore 11 medical office space for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 5,815 square feet of properties for sale, with an estimated market value of $410,000.

Sale prices for medical spaces in Martinsville, VA start at $35,000, averaging $205,000, and reaching up to $375,000 — 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
Office buildings 4
Medical Office Space 3

Demographics Overview

Population 31K
Population Growth (5Y) +4.5%
Median Household Income $47,059
College Educated 6.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24112 $205K

Taxes & Financing

Tax Rate (average for all types) 0.64%
Property Tax per SF $11.16 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Martinsville city

New Delisted

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