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Property profile & analytics
OFF-MARKET
Specialty properties

208 Commerce St Marion, VA 24354

14,183 SF Built 1940
Property ID
Property summary
AI-generated overview

This exceptional Class A commercial property, located at 208 S Commerce St in Marion, Virginia (zip code 24354), offers 14,183 square feet of versatile space ideal for retail, restaurant, or office use. The single-tenant building sits on a 0.8-acre lot and boasts a newly completed renovation in 2023, presenting a blank canvas for a customized build-out. Built in 1940, the structure has been meticulously updated to meet modern standards. The property is zoned commercial and is available in its entirety (14,183 contiguous square feet), although smaller spaces are divisible down to a minimum of 411 square feet. This presents a unique opportunity for businesses seeking a prominent location in Marion, VA. The property's central location and ample space provide significant potential for a variety of commercial ventures. The flexible layout allows for creative design and efficient use of space, catering to diverse business needs. With its recent renovation, this property offers immediate occupancy and the advantage of modern amenities. Don't miss this chance to establish your business in a revitalized, high-visibility location.

Property profile
Verified
Property type Specialty properties
Year built 1940
Total area 14,183 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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