718 N Main St Marion, VA 24354
For Sale
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This exceptional commercial opportunity in Marion, Virginia, presents a +/- 1,888 square foot building on a 0.66-acre lot, encompassing three parcels. The property, built in 1961, is a two-story structure with a General Commercial zoning designation. Located at 718 N Main St, it benefits from high daily traffic counts and multiple access points, offering excellent visibility and accessibility. The building is currently vacant, providing a blank canvas for a variety of commercial uses. Utilities include sewer, water, and electric. The property's strategic location on N Main Street and S Holston Ave provides significant road frontage, enhancing its appeal and potential. The inclusion of additional undeveloped parcels presents a unique opportunity for expansion or future development, making this a truly versatile investment. The asking price is $189,500, with a price per square foot of $100.37. The property's APN numbers are 171-70-4 021733, 191-81-6 027171, and 191-81-5 007935. This is a rare chance to acquire a well-situated commercial property with significant upside potential in a thriving Virginia community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.