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Property profile

718 N Main St Marion, VA 24354

FOR SALE
Retail properties & Spaces
Property ID
US87-1401195
1,888 SF 0.66 ac lot Built 1961
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1961
Total area 1,888 SF
Lot 0.66 ac (28,750 SF)
UPID US87-1401195

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

718 N Main St Marion, VA 24354
Marion metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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