Retail

Independence, VA Retail Properties & Spaces for Sale

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Galax, VA Fries, VA Sparta, NC Elk Creek, VA Piney Creek, NC Ennice, NC Mouth Of Wilson, VA Grassy Creek, NC
Historic Live-Work Building
Updated: Sep 4
Historic Live-Work Building

116 W Main St., Independence, VA 24348

$499,900
4,450 sqft
4,450 square feet of total property size
2,225‑square‑foot upper‑level residence refinished in 2019
Two main‑level retail rental units
2,000‑square‑foot basement for storage
1900 construction with brick, masonry, and frame materials
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Three-Level Mixed-Use Commercial Building
Three-Level Mixed-Use Commercial Building

105 E Grayson St, Galax, VA 24333

$350,000
7,060 sqft

Historic-district property with finished offices, high ceilings, and flexible commercial space.

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Victorian Live-Work Property
Victorian Live-Work Property

201 W Webster, Galax, VA 24333

$375,000
2,330 sqft

Commercially zoned building combines adaptable business space with an updated upper-level apartment.

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Riverside Storefront with Flexible Layout
Riverside Storefront with Flexible Layout

12 Scenic Rd, Fries, VA 24330

$199,900
910 sqft

Zoned RF with vested commercial rights, the property sits across from a New River boat ramp.

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Mixed-Use Retail Apartment Building
Mixed-Use Retail Apartment Building

106-108 N Main Street, Galax, VA 24333

$399,900

Leased retail space with multiple apartments across two upper units, plus shared laundry and storage in a full basement.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Three-Lot Commercial Land
Three-Lot Commercial Land

121 S Independence Ave, Independence, VA 24348

$199,000
0.80 AC lot

Commercial zoning with public water, public sewer, and electricity available.

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B2-Zoned Commercial Land
B2-Zoned Commercial Land

E Stuart Drive, Galax, VA 24333

$149,900
0.56 AC lot

Commercial parcel with public water, public sewer, and electricity available for development.

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Commercial Land Near Interstate
Commercial Land Near Interstate

313 AIRPORT Road, Hillsville, VA 24343

$299,900
5.44 AC lot

Two parcels offer Airport Road frontage with access to I-77 and Route 58 traffic exposure.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

313 AIRPORT Road, Hillsville, VA 24343

$299,900
5.44 AC lot

Two parcels near I-77 provide commercial land access along Airport Road.

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Independence, VA Retail Properties & Spaces Market Trends and Statistics

Explore 1 retail properties & spaces for sale in Independence, VA on our real estate platform. These investment opportunities span a total of 4,450 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for stores in Independence, VA average $499,900 — 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

Storefront properties 2
Shopping centers 1

Demographics Overview

Population 5,095
Population Growth (5Y) +15.6%
Median Household Income $42,408
College Educated 18.9%

Taxes & Financing

Tax Rate (average for all types) 0.57%
Property Tax per SF $8.04 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grayson County

New Delisted

Total CRE Inventory on Market (SF)

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