Storefront

Independence, VA Storefront Properties for Sale

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Galax, VA Sparta, NC Elk Creek, VA Fries, VA Ennice, NC Piney Creek, NC Mouth Of Wilson, VA Laurel Springs, 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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Independence, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

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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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

195 S 1st Street, Wytheville, VA 24382

$399,000
4,949 sqft

Downtown corner property with occupied main-level spaces and additional commercial area on the second floor.

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Historic Mixed-Use Building
Historic Mixed-Use Building

515 E Main St, Wytheville, VA 24382

$60,000
2,340 sqft

Two-level property combines former retail space with an upstairs apartment and requires substantial restoration.

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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.

Waterfront Land with Existing Building
Waterfront Land with Existing Building

St Clair Creek Rd, Chilhowie, VA 24319

Contact for pricing
0.36 AC lot

Creekside parcel with an older structure, A/R zoning, and water available.

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Independence, VA Storefront Properties Market Trends and Statistics

Explore 1 storefront properties 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 retail units 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%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
24348 $499.9K

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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