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    Martinsville, VA
    Wedding Venue

    Martinsville, VA Wedding Venues 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
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Martinsville, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Wedding Venue with AV
    Renovated Wedding Venue with AV

    2554 Sandy Level Road, Goodview, VA 24095

    $472,500
    4,418 sqft 5.61 AC lot

    Fully updated event property with dedicated ceremony grounds, commercial kitchen, extensive production equipment, and confirmed future bookings.

    View details
    Turn-Key Event Venue with AV
    Turn-Key Event Venue with AV

    2554 Sandy Level Road, Goodview, VA 24095

    Contact for pricing
    4,418 sqft

    Fully renovated wedding and event venue with concert-grade AV, pro kitchen, and multiple HVAC systems.

    View details
    Recreation Estate with Lodging
    Recreation Estate with Lodging

    57 Hemlock Ridge Ln, Catawba, VA 24070

    $2,250,000
    100.58 AC lot

    The property includes lodging buildings, event facilities, trails, campsites, and a pond.

    View details
    Campground With Lodging
    Campground With Lodging

    57 Hemlock Ridge Ln, Catawba, VA 24070

    $2,250,000
    100.58 AC lot

    Multi-building recreation property with lodging, event facilities, trails, campsites, and outdoor gathering areas.

    View details

    Martinsville, VA Wedding Venues Market Trends and Statistics

    Explore 1 wedding venues 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 event centers 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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