Martinsville, VA Retail Properties & Spaces for Sale

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Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Bassett, VA Spencer, VA Axton, VA Oaklevel, VA

Updated: Sep 3, 2025

Auto Shop with Lifts

1925 Old Chatham Rd, Martinsville, VA 24112

$225,000

3,260 sqft 1.14 AC lot

High‑visibility location with 2,700 average daily traffic count
Two functional levels suitable for one or two separate businesses
Includes multiple garage doors (2 upstairs, 3 downstairs) and lifts (four‑post and two two‑post)
Over one acre lot with concrete parking and fenced back lot for parking, expansion, or storage
Equipped with essential auto shop features: gas heater, waste oil heater, industrial exhaust fan

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Updated: Apr 23

Two-Story Main Street Commercial Building

29 E Main Street, Martinsville, VA 24112

$99,900

7,920 sqft 0.10 AC lot

2‑story commercial building built in 1947 with approx. 7,920 sq. ft of space
Includes an unfinished basement, offering room for expansion or customization
Property listed in AS IS condition
Available room features referenced: Bathrooms 1, 2, and 3

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New Firestone Auto Care Investment

399 W Commonwealth Blvd, Martinsville, VA 24112

$5,473,180

6,607 sqft 1.20 AC lot

New construction Firestone in Martinsville, VA with long-term lease.

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Former Ambulance Building For Sale

827 Starling Ave, Martinsville, VA 24112

Contact for pricing

4,888 sqft

4888 sq ft commercial building with parking.

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Prime Commercial Land in Martinsville

205 V C Drive, Martinsville, VA 24112

Contact for pricing

Located in the heart of Henry County, near major thoroughfare.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, 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.

Highway-Front Fuel, Retail & Rentals

43 Old Well Rd, Spencer, VA 24165

$2,500,000

2,115 sqft 1.02 AC lot

Mixed-use property with a non-selling gas station, convenience store with café area, and multiple residential rental units.

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Commercial Investment Opportunity in Collinsville

5145 Kings Mountain Rd, Collinsville, VA 24078

$429,000

1,876 sqft 0.81 AC lot

Prime commercial location with steady income and future potential.

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Former Family Dollar Store Available

18309 A L Philpott Hwy, Spencer, VA

$975,000

8,000 sqft 2.30 AC lot

8,000 SF retail building on high-traffic highway near Martinsville.

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Collinsville CVS Investment Opportunity

400 Riverside Dr, Collinsville, VA

$2,290,000

13,049 sqft 1.80 AC lot

NNN leased CVS with 15 years remaining in Collinsville.

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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.

Prime Commercial Land For Sale

000 Virginia Avenue, Martinsville, VA 24112

$675,000

Commercial land for shopping center between Collinsville & Martinsville.

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Commercial Development Land

Virginia Avenue, Martinsville, VA 24112

$675,000

8.75 AC lot

8.75-acre commercial parcel beside Friedrichs Eye Center, recently staked, with access along Virginia Avenue in Martinsville.

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Ridgeway, VA Land For Sale

342 Morehead Avenue, Ridgeway, VA 24148

$188,000

2.68 AC lot

2.68 acres on Morehead Ave in Ridgeway, VA.

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Land For Sale, Stuart, VA

22132 Jeb Stuart Hwy, Stuart, VA 24171

$85,000

1.80 AC lot

1.8 acre commercial land with road frontage on Rt. 58.

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Off-Market Properties in Martinsville, VA

Consider similar Off-Market properties in Martinsville, 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.

RETAIL STORES (PERSONAL SERVICES)

18 Walnut St, Martinsville, VA 24112-2727

Value Estimation by Request

8,688 sqft 0.10 AC lot

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SERVICE STATION (FULL SERVICE)

308 Church St, Martinsville, VA 24112-2614

Value Estimation by Request

1,856 sqft 0.28 AC lot

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FINANCIAL BUILDING

1 Ellsworth St, Martinsville, VA 24112-2845

Value Estimation by Request

62,748 sqft 0.76 AC lot

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RETAIL STORES (PERSONAL SERVICES)

401 Brg S St, Martinsville, VA 24112-3609

Value Estimation by Request

560 sqft 0.43 AC lot

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RETAIL STORES (PERSONAL SERVICES)

16 Church St, Martinsville, VA 24112-6208

Unit 18

Value Estimation by Request

10,800 sqft 0.15 AC lot

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RETAIL STORES (PERSONAL SERVICES)

42 Franklin St, Martinsville, VA 24112-2715

Value Estimation by Request

1,845 sqft 0.04 AC lot

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PRINTER - RETAIL

20 Brg S St, Martinsville, VA 24112-6202

Value Estimation by Request

3,968 sqft 0.08 AC lot

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SHOPPING CENTER COMMON AREA

1101 Brookdale St, Martinsville, VA 24112-4500

$7,545,000

Estimated value

48,070 sqft 8.31 AC lot

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RETAIL STORES (PERSONAL SERVICES)

27 Fayette St, Martinsville, VA 24112

Value Estimation by Request

2,800 sqft 0.03 AC lot

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RETAIL STORES (PERSONAL SERVICES)

25 Fayette St, Martinsville, VA 24112-2703

Value Estimation by Request

2,800 sqft 0.03 AC lot

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SERVICE STATION (FULL SERVICE)

302 Church St, Martinsville, VA 24112-2909

Value Estimation by Request

3,828 sqft 0.23 AC lot

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CONVENIENCE STORE

157 Market St, Martinsville, VA 24112-3710

$620,000

Estimated value

4,812 sqft 0.99 AC lot

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MINI-MALL

2 Church St, Martinsville, VA 24112-6223

$1,405,000

Estimated value

33,227 sqft 0.35 AC lot

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FINANCIAL BUILDING

8 Lester St, Martinsville, VA 24112-2827

Value Estimation by Request

13,216 sqft 0.55 AC lot

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DRUG STORE, PHARMACY

105 Commonwealth W Blvd, Martinsville, VA 24112-1806

$4,845,000

Estimated value

14,409 sqft 1.60 AC lot

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RETAIL STORES (PERSONAL SERVICES)

53 Fayette St, Martinsville, VA 24112-2703

Value Estimation by Request

1,248 sqft 0.03 AC lot

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AUTO REPAIR, GARAGE

221 Brg S St, Martinsville, VA 24112-3605

Value Estimation by Request

6,020 sqft 0.42 AC lot

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RETAIL STORES (PERSONAL SERVICES)

32 Main St, Martinsville, VA 24112-2722

Value Estimation by Request

1,460 sqft 0.03 AC lot

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RETAIL STORES (PERSONAL SERVICES)

511 Church St, Martinsville, VA 24112-2510

Value Estimation by Request

2,912 sqft 0.12 AC lot

View details

Martinsville, VA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Martinsville, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,787 square feet of properties for sale, with an estimated market value of $5,798,080.

Sale prices for stores in Martinsville, VA start at $99,900, averaging $1,932,693, and reaching up to $5,473,180 — 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

Demographics Overview

Population 31K

Population Growth (5Y) +4.5%

Median Household Income $47,059

College Educated 6.6%

High-Yield Neighborhoods for Investment

Identify Martinsville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
24112	$1.1M

Taxes & Financing

Tax Rate (average for all types) 0.64%

Property Tax per SF $11.16 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Martinsville city

New Delisted

Total CRE Inventory on Market (SF)

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Martinsville, VA Retail Properties & Spaces for Sale

1925 Old Chatham Rd, Martinsville, VA 24112

29 E Main Street, Martinsville, VA 24112

399 W Commonwealth Blvd, Martinsville, VA 24112

827 Starling Ave, Martinsville, VA 24112

205 V C Drive, Martinsville, VA 24112

Opportunities in Nearby Cities

43 Old Well Rd, Spencer, VA 24165

5145 Kings Mountain Rd, Collinsville, VA 24078

18309 A L Philpott Hwy, Spencer, VA

400 Riverside Dr, Collinsville, VA

Potential Development Sites for Consideration

000 Virginia Avenue, Martinsville, VA 24112

Virginia Avenue, Martinsville, VA 24112

342 Morehead Avenue, Ridgeway, VA 24148

22132 Jeb Stuart Hwy, Stuart, VA 24171

Off-Market Properties in Martinsville, VA

18 Walnut St, Martinsville, VA 24112-2727

308 Church St, Martinsville, VA 24112-2614

1 Ellsworth St, Martinsville, VA 24112-2845

401 Brg S St, Martinsville, VA 24112-3609

16 Church St, Martinsville, VA 24112-6208

42 Franklin St, Martinsville, VA 24112-2715

20 Brg S St, Martinsville, VA 24112-6202

1101 Brookdale St, Martinsville, VA 24112-4500

27 Fayette St, Martinsville, VA 24112

25 Fayette St, Martinsville, VA 24112-2703

302 Church St, Martinsville, VA 24112-2909

157 Market St, Martinsville, VA 24112-3710

2 Church St, Martinsville, VA 24112-6223

8 Lester St, Martinsville, VA 24112-2827

105 Commonwealth W Blvd, Martinsville, VA 24112-1806

53 Fayette St, Martinsville, VA 24112-2703

221 Brg S St, Martinsville, VA 24112-3605

32 Main St, Martinsville, VA 24112-2722

511 Church St, Martinsville, VA 24112-2510

Martinsville, VA Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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