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    Martinsville, VA
    Retail

    Martinsville, VA Retail Space for Sale

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    Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Bassett, VA Spencer, VA Axton, VA Oaklevel, VA
    Two-Level Office Building with Parking
    Updated: Nov 13, 2025
    Two-Level Office Building with Parking

    8 Lester Street, Martinsville, VA 24112

    $895,000
    13,216 sqft 0.50 AC lot
    13,000+ SF, 2‑level commercial building built in 1965
    Previously used by Bank of America, then HomeTown Bank
    Main level features wide open spaces and large offices
    Upstairs includes several offices and conference rooms
    Vacant and available for repurposing into retail, office, or mixed‑use
    View details
    Two-Story Mixed-Use Commercial Building
    Updated: Apr 23
    Two-Story Mixed-Use 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
    Approx. 7,920 sq. ft of commercial space plus an unfinished basement for expansion or customization
    AS IS condition (buyer to verify all information)
    View details
    One-Level Retail Office Suite
    One-Level Retail Office Suite

    918 Chatham Heights Rd, Martinsville, VA 24112

    $94,900
    1,077 sqft 0.23 AC lot

    One-level setup with a front office, additional potential workspace, and full kitchen, laundry, and bath.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Former Ambulance Building For Sale
    Former Ambulance Building For Sale

    827 Starling Ave, Martinsville, VA 24112

    Contact for pricing
    4,888 sqft

    4888 sq ft commercial building with parking.

    View details
    Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 4 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 50 Off-Market properties to explore as potential leads, plus 1 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.

    Adjoining Mixed-Use Income Property
    Adjoining Mixed-Use Income Property

    240/242 The Boulevard, Eden, NC 27288

    $500,000
    4,500 sqft

    Two adjoining mixed-use buildings offer fully leased retail space and two residential apartments in one investment package.

    View details
    Net-Leased Retail Storefront
    Net-Leased Retail Storefront

    519 MORGAN RD, Eden, NC 27288

    $1,327,040
    10,640 sqft

    For sale net-leased retail storefront with a recently extended lease term.

    View details
    Retail Building in Downtown Rocky Mount
    Retail Building in Downtown Rocky Mount

    190 Franklin St, Rocky Mount, VA

    $325,000
    3,527 sqft 0.29 AC lot

    3,527 SF retail building with ample parking.

    View details
    Versatile Mixed-Use Building For Sale
    Versatile Mixed-Use Building For Sale

    1045 N Main St, Rocky Mount, VA 24151

    $3,250,000
    77,550 sqft

    77,550 SF mixed-use building with warehouse, retail, and office space.

    View details

    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 PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    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.

    18 Walnut St
    RETAIL STORES (PERSONAL SERVICES)

    18 Walnut St, Martinsville, VA 24112-2727

    Value Estimation by Request
    8,688 sqft 0.10 AC lot
    View details
    401 Brg S St
    RETAIL STORES (PERSONAL SERVICES)

    401 Brg S St, Martinsville, VA 24112-3609

    Value Estimation by Request
    560 sqft 0.43 AC lot
    View details
    16 Church St, Unit 18
    RETAIL STORES (PERSONAL SERVICES)

    16 Church St, Martinsville, VA 24112-6208

    Unit 18
    Value Estimation by Request
    10,800 sqft 0.15 AC lot
    View details
    42 Franklin St
    RETAIL STORES (PERSONAL SERVICES)

    42 Franklin St, Martinsville, VA 24112-2715

    Value Estimation by Request
    1,845 sqft 0.04 AC lot
    View details
    27 Fayette St
    RETAIL STORES (PERSONAL SERVICES)

    27 Fayette St, Martinsville, VA 24112

    Value Estimation by Request
    2,800 sqft 0.03 AC lot
    View details
    25 Fayette St
    RETAIL STORES (PERSONAL SERVICES)

    25 Fayette St, Martinsville, VA 24112-2703

    Value Estimation by Request
    2,800 sqft 0.03 AC lot
    View details
    53 Fayette St
    RETAIL STORES (PERSONAL SERVICES)

    53 Fayette St, Martinsville, VA 24112-2703

    Value Estimation by Request
    1,248 sqft 0.03 AC lot
    View details
    32 Main St
    RETAIL STORES (PERSONAL SERVICES)

    32 Main St, Martinsville, VA 24112-2722

    Value Estimation by Request
    1,460 sqft 0.03 AC lot
    View details
    511 Church St
    RETAIL STORES (PERSONAL SERVICES)

    511 Church St, Martinsville, VA 24112-2510

    Value Estimation by Request
    2,912 sqft 0.12 AC lot
    View details
    44 Franklin St
    RETAIL STORES (PERSONAL SERVICES)

    44 Franklin St, Martinsville, VA 24112-2715

    Value Estimation by Request
    7,560 sqft 0.09 AC lot
    View details
    518 Church St
    RETAIL STORES (PERSONAL SERVICES)

    518 Church St, Martinsville, VA 24112-2548

    Value Estimation by Request
    2,000 sqft 0.15 AC lot
    View details
    813 Liberty St
    RETAIL STORES (PERSONAL SERVICES)

    813 Liberty St, Martinsville, VA 24112-1310

    Value Estimation by Request
    3,264 sqft 0.20 AC lot
    View details
    708 Fayette St
    RETAIL STORES (PERSONAL SERVICES)

    708 Fayette St, Martinsville, VA 24112-6319

    Value Estimation by Request
    3,000 sqft 0.37 AC lot
    View details
    1 Church St
    RETAIL STORES (PERSONAL SERVICES)

    1 Church St, Martinsville, VA 24112-6232

    $565,000
    Estimated value
    8,769 sqft 0.07 AC lot
    View details
    15 Church St
    RETAIL STORES (PERSONAL SERVICES)

    15 Church St, Martinsville, VA 24112-6207

    Value Estimation by Request
    6,630 sqft 0.08 AC lot
    View details
    29 Main St
    RETAIL STORES (PERSONAL SERVICES)

    29 Main St, Martinsville, VA 24112-2719

    Value Estimation by Request
    7,920 sqft 0.10 AC lot
    View details
    303 Church St Ste B
    RETAIL STORES (PERSONAL SERVICES)

    303 Church St Ste B, Martinsville, VA 24112-2947

    Value Estimation by Request
    2,538 sqft 0.32 AC lot
    View details
    903 Starling Ave
    RETAIL STORES (PERSONAL SERVICES)

    903 Starling Ave, Martinsville, VA 24112-6405

    Value Estimation by Request
    5,190 sqft 0.34 AC lot
    View details
    28 Moss N St
    RETAIL STORES (PERSONAL SERVICES)

    28 Moss N St, Martinsville, VA 24112-2636

    Value Estimation by Request
    375 sqft 0.01 AC lot
    View details
    525 Memorial S Blvd
    RETAIL STORES (PERSONAL SERVICES)

    525 Memorial S Blvd, Martinsville, VA 24112-3642

    Value Estimation by Request
    4,358 sqft 0.11 AC lot
    View details

    Martinsville, VA Retail Space Market Trends and Statistics

    Explore 54 retail space for sale in Martinsville, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,213 square feet of properties for sale, with an estimated market value of $1,089,800.

    Sale prices for retail space in Martinsville, VA start at $94,900, averaging $363,266, and reaching up to $895,000 — 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

    Shopping centers 3
    Automotive properties 2
    Auto shops 1
    Drug stores 1

    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 $363.3K

    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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