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    Martinsville, VA
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    Martinsville, VA Specialty Properties for Sale

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    Collinsville, VA Ridgeway, VA Fieldale, VA Stanleytown, VA Bassett, VA Spencer, VA Axton, VA Oaklevel, VA
    Restaurant with Event Space
    Updated: Mar 18
    Restaurant with Event Space

    1420 Virginia Avenue, Martinsville, VA 24112

    $199,900
    3,935 sqft 0.26 AC lot
    3,935‑square‑foot restaurant property on 0.26 acres
    Existing commercial kitchen and dining area
    Flexible event space for weddings, parties, and gatherings
    Currently accommodates restaurant, event center, and ice cream shop operations
    Built in 1955
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Country Church with Fellowship Hall
    Country Church with Fellowship Hall

    1132 Berry Hill Rd, Danville, VA 24541

    Contact for pricing
    3,500 sqft

    Charming church facility with sanctuary, nursery, classrooms, and a large fellowship hall for ongoing community use.

    View details
    Unrestricted Wooded Land Parcel
    Unrestricted Wooded Land Parcel

    00 Hatchers Chapel Rd, Stuart, VA 24171

    Contact for pricing
    4.48 AC lot

    Unrestricted wooded acres with multiple potential building sites and accessible internal trails.

    View details
    Specialty Land Parcel
    Specialty Land Parcel

    Stuart, VA 24171

    Contact for pricing

    Land parcel rises about 4–5 feet before leveling off, located near a golf course.

    View details
    Development Land Parcel
    Development Land Parcel

    4232 Westover Drive, Danville, VA 24541

    Contact for pricing

    Large tract of land offering room to plan and develop around an established rural setting.

    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.

    Tuggle Rd
    CHARITABLE ORGANIZATION

    Tuggle Rd, Martinsville, VA 24112

    Estimated value:
    $355,000
    99.79 AC lot
    View details
    1101 Brookdale St
    SHOPPING CENTER COMMON AREA

    1101 Brookdale St, Martinsville, VA 24112-4500

    Estimated value:
    $7,685,000
    48,070 sqft 8.31 AC lot
    View details
    Greensboro Rd
    CHARITABLE ORGANIZATION

    Greensboro Rd, Martinsville, VA 24112

    Estimated value:
    No data
    View details
    Greensboro Rd
    CHARITABLE ORGANIZATION

    Greensboro Rd, Martinsville, VA 24112

    Estimated value:
    $265,000
    0.41 AC lot
    View details
    Greensboro Rd
    CHARITABLE ORGANIZATION

    Greensboro Rd, Martinsville, VA 24112

    Estimated value:
    $270,000
    0.49 AC lot
    View details
    Greensboro Rd
    CHARITABLE ORGANIZATION

    Greensboro Rd, Martinsville, VA 24112

    Estimated value:
    $265,000
    0.46 AC lot
    View details
    Martinsville, VA 24112
    CHARITABLE ORGANIZATION

    Martinsville, VA 24112

    Estimated value:
    $280,000
    6.67 AC lot
    View details
    416 Terrys Mtn Rd
    CHARITABLE ORGANIZATION

    416 Terrys Mtn Rd, Martinsville, VA 24112

    Estimated value:
    $280,000
    3.00 AC lot
    View details
    700 Starling Ave
    PROFESSIONAL CLUBS/ASSOCIATIONS

    700 Starling Ave, Martinsville, VA 24112-4224

    Estimated value:
    $255,000
    5,747 sqft 1.26 AC lot
    View details
    55 Mtn Vw Rd
    CHARITABLE ORGANIZATION

    55 Mtn Vw Rd, Martinsville, VA 24112-8187

    Estimated value:
    No data
    View details
    Joseph Martin Hwy
    CHARITABLE ORGANIZATION

    Joseph Martin Hwy, Martinsville, VA 24112

    Estimated value:
    $265,000
    1.48 AC lot
    View details
    29 Jones St
    PROFESSIONAL CLUBS/ASSOCIATIONS

    29 Jones St, Martinsville, VA 24112-2716

    Estimated value:
    $305,000
    11,850 sqft 0.16 AC lot
    View details
    1004 Fayette St
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1004 Fayette St, Martinsville, VA 24112-3434

    Estimated value:
    $245,000
    1,920 sqft 0.08 AC lot
    View details
    714 Fayette St
    PROFESSIONAL CLUBS/ASSOCIATIONS

    714 Fayette St, Martinsville, VA 24112-6319

    Estimated value:
    $245,000
    2,312 sqft 0.17 AC lot
    View details
    301 Fayette St
    FUNERAL HOME

    301 Fayette St, Martinsville, VA 24112-2623

    Estimated value:
    $245,000
    7,668 sqft 0.11 AC lot
    View details
    300 Fairy St Ext
    PROFESSIONAL CLUBS/ASSOCIATIONS

    300 Fairy St Ext, Martinsville, VA 24112-1907

    Estimated value:
    $280,000
    7,980 sqft 3.78 AC lot
    View details
    1827 Daniels Crk Rd
    CHARITABLE ORGANIZATION

    1827 Daniels Crk Rd, Martinsville, VA 24112

    Estimated value:
    $265,000
    0.96 AC lot
    View details
    233 Commonwealth W Blvd
    SHOPPING CENTER COMMON AREA

    233 Commonwealth W Blvd, Martinsville, VA 24112-1820

    Estimated value:
    $720,000
    48,421 sqft 4.43 AC lot
    View details
    730 Church St
    SHOPPING CENTER COMMON AREA

    730 Church St, Martinsville, VA 24112-3102

    Estimated value:
    $320,000
    16.60 AC lot
    View details
    3230 Chatham Rd
    CHARITABLE ORGANIZATION

    3230 Chatham Rd, Martinsville, VA 24112-0548

    Estimated value:
    $270,000
    1.06 AC lot
    View details
    17777 A L Philpott Hwy
    CHARITABLE ORGANIZATION

    17777 A L Philpott Hwy, Martinsville, VA 24112

    Estimated value:
    $280,000
    1,512 sqft 1.28 AC lot
    View details
    Martinsville, VA 24112
    CHARITABLE ORGANIZATION

    Martinsville, VA 24112

    Estimated value:
    No data
    View details

    Martinsville, VA Specialty Properties Market Trends and Statistics

    Explore 23 specialty properties for sale in Martinsville, VA on our real estate platform. These investment opportunities span a total of 3,935 square feet of properties for sale, with an estimated market value of $199,900.

    Sale prices for properties in Martinsville, VA average $199,900 — 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

    Wedding venues 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 $199.9K

    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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