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    Madison Heights, VA
    Mixed-Use

    Madison Heights, VA Mixed-use Properties for Sale

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    Lynchburg, VA Amherst, VA Monroe, VA Forest, VA Rustburg, VA Concord, VA Tyro, VA Coleman Falls, VA
    Multifamily Property with Commercial Frontage
    Updated: May 12, 2025
    Multifamily Property with Commercial Frontage

    4123 South Amherst Highway, Madison Heights, VA 24572

    $385,000
    3,600 sqft
    3,600‑square‑foot multifamily property built in 1939
    B2 zoning designation
    Road frontage supports commercial use
    Near Walmart and Amelon Square Shopping
    County water and sewer
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    Mixed-Use Property with 2 Rental Units
    Updated: Apr 11
    Mixed-Use Property with 2 Rental Units

    4104 S Amherst Hwy, Madison Heights, VA 24572

    Contact for pricing
    Mixed‑use property at 4104 S Amherst Hwy, Madison Heights, VA 24572
    Commercial space leased to a dry‑cleaning and alterations business
    Main‑floor unit includes 1 BR, 1 bath, and an additional room
    Upper‑level unit offers 2 BR, a bath, living room, and kitchen
    Two one‑car garage/storage buildings, including rear detached and front metal garages
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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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Madison Heights, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Mixed-Use Property with Office Space
    Mixed-Use Property with Office Space

    525 7th St, Altavista, VA 24517

    $449,900
    8,525 sqft 0.56 AC lot

    Multi-parcel commercial asset with office, residential, and commercial units within Altavista’s Downtown Revitalization Overlay District.

    View details
    Mixed-Use Property with Updated Offices
    Mixed-Use Property with Updated Offices

    525 7th St, Altavista, VA 24517

    $449,900
    8,525 sqft

    Combines commercial space, residential units, C-2 zoning, and recent property upgrades.

    View details
    Ground-Floor Mixed-Use Property
    Ground-Floor Mixed-Use Property

    1009 Main St, Lynchburg, VA 24504

    Contact for pricing
    2,879 sqft

    Street-level space combines retail and office functionality in downtown Lynchburg.

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    Historical Building with Redevelopment Potential
    Historical Building with Redevelopment Potential

    400 5th St & Court St, Lynchburg, VA 24504

    Contact for pricing
    14,000 sqft

    Up to 14,000 SF mixed-use building with historical significance.

    View details

    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.

    Altavista Commercial Corner Lot
    Altavista Commercial Corner Lot

    0-Lot 8 MAIN STREET, Altavista, VA 24517

    $50,000
    0.19 AC lot

    Corner lot in the heart of Altavista, VA.

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    Madison Heights, VA Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Madison Heights, VA on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $385,000.

    Sale prices for multi use buildings in Madison Heights, VA average $385,000 — 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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    Demographics Overview

    Population 16K
    Population Growth (5Y) -7.1%
    Median Household Income $64,158
    College Educated 25.8%

    Taxes & Financing

    Tax Rate (average for all types) 0.61%
    Property Tax per SF $16.44 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Amherst County

    New Delisted

    Total CRE Inventory on Market (SF)

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