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    Marion, VA
    Mixed-Use

    Marion, VA Mixed-use Properties for Sale

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    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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    Mixed-Use Property with Student Suites
    Updated: Aug 22
    Mixed-Use Property with Student Suites

    1046 Terrace Drive, Marion, VA 243554

    $850,000
    8,250 sqft 0.69 AC lot
    8,250‑square‑foot building on 0.69 acres
    Four student suites accommodate two students each
    Private baths, closets and study areas in the student suites
    Lower‑level healthcare office includes multiple offices, storage, two half baths and two kitchenettes
    Student suites have two‑year lease terms and were at full capacity
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    Mixed-Use Property with Restaurant Fixtures
    Mixed-Use Property with Restaurant Fixtures

    1027 Lee Highway, Marion, VA 24354

    $225,000
    3,765 sqft

    The main level includes diner furnishings, appliances, coolers, and retail shelving.

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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 9 Potential Opportunities for your consideration. Besides 4 Active listings in Marion, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Loading Access
    Mixed-Use Building with Loading Access

    1340 W Main St, Wytheville, VA 24382

    $600,000
    14,519 sqft

    Brick commercial building with an elevator, loading access, wood flooring, and public water and sewer.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    195 S 1st Street, Wytheville, VA 24382

    $399,000
    4,949 sqft

    Downtown corner property with occupied main-level spaces and additional commercial area on the second floor.

    View details
    Mixed-Use Portfolio with Apartments
    Mixed-Use Portfolio with Apartments

    145 Suffolk Ave, Richlands, VA 24641

    $800,000
    17,000 sqft

    Adjoining commercial and residential buildings offer separate utilities, renovated apartments, and back-lot parking.

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    Two-Level Office Property
    Two-Level Office Property

    1312 Second St, Richlands, VA 24641

    $35,000
    1,454 sqft

    Brick office property with public water, public sewer, central heating, and central air conditioning.

    View details

    Off-Market Properties in Marion, VA

    Consider similar Off-Market properties in Marion, 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.

    Marion, VA Mixed-Use Properties Market Trends and Statistics

    Explore 5 mixed-use properties for sale in Marion, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 35,613 square feet of properties for sale, with an estimated market value of $4,375,000.

    Sale prices for multi use buildings in Marion, VA start at $225,000, averaging $1,093,750, and reaching up to $2,450,000 — 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

    Live-work space 1

    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 $1.7M

    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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    Popular Searches in Marion, VA

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    Most Searched ZIP Codes in Marion, VA

    • 24354
    • 243554

    Featured Marion Real Estate Agencies

    Realmo connects you with licensed Marion CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Appalachian Realty Co. Inc.
    123 W Main St. Marion, VA 24354
    Phone: 12767835173
    www.appalachianrealtors.com/default.asp
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