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 4
Mixed-Use Property with Student Suites

1046 Terrace Drive, Marion, VA 243554

$850,000
8,250 sqft 0.69 AC lot
8250 sq.ft. mixed‑use property on 0.69 acres
Four suites designed for two students each, with private baths and shared living areas
Main‑level residential rentals currently at full capacity with 2‑year lease terms
Lower level includes multiple offices, storage, 2 half baths, and 2 kitchenettes
R3 zoning with public water and public sewer
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Two-Storefront Mixed-Use Property
Two-Storefront Mixed-Use Property

131 E Main St., Marion, VA 24354

$444,900
14,800 sqft

Renovated upper-level apartment complements commercial space with rear access and multiple existing building systems.

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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 8 Potential Opportunities for your consideration. Besides 3 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 Elevator
Mixed-Use Building with Elevator

1340 W Main St, Wytheville, VA 24382

$600,000
14,519 sqft

M-1 zoning, brick construction, and public utilities support a versatile commercial layout.

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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.

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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.

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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.

718 Main St
Land

718 Main St, Marion, VA 24354

Value Estimation by Request
1,888 sqft 0.66 AC lot
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Marion, VA Mixed-Use Properties Market Trends and Statistics

Explore 4 mixed-use properties for sale in Marion, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 38,398 square feet of properties for sale, with an estimated market value of $3,744,900.

Sale prices for multi use buildings in Marion, VA start at $444,900, averaging $1,248,300, 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%

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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