Address
929 N Main, Marion, VA
Price
$ 2,450,000
Property Attributes
- MLS#104406
- TypeCommercial
- Listing Status Active
- CountySmyth
- CityMarion
- AreaMarion
- Zip24354
- StyleCommercial
- Year Built1971
- Taxes$ 21228
- Price$ 2,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15348
- Lot Size1.7906 Acres
Data Source:
Southwest Virginia MLS (SWVAR)
Property Description
This outstanding commercial property features two buildings encompassing five individual business addresses, all with tenants currently in place. The spaces are utilized as professional medical offices and retail, offering a diverse and stable income stream. Four of the five units were completely renovated and professionally built out in 2018–2019. The remaining unit has been substantially improved with a new roof and new electrical service completed in 2024–2025. The property offers approximately 300 feet of road frontage, providing excellent visibility and convenient access. Situated on a generous 1.74-acre parcel, it includes ample on-site parking to support current and future uses. With its strong tenancy, recent upgrades, and prime location, this property presents nearly limitless potential and represents a long-term investment opportunity poised to deliver solid returns for years to come.
| Price History | |
|---|---|
| 4/16/2026 | Listed $2,650,000 |
| 6/4/2026 | 4$2,550,000 |
| 7/28/2026 | 4$2,450,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump |
| Cooling | Heat Pump |
| Utilities | Electricity Connected,Separate Meters |
| Possession | Close Of Escrow |
| Roof | Composition,Rolled/Hot Mop |
| Zoning | Commercial |
| Construction Materials | Masonry |
| Year Built | 1971 |
| Property Subtype | Commercial |
| Tax Year | 2024 |
| County | Smyth |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | From I-81 take exit 47. Turn left onto US Hwy 11/ N Main St for 1.0 Mile. Property will be on the right. |
| City | Marion |
| MLS Area | Marion |
| Lot Size Units | Acres |
| Lot Size Square Feet | 78000 |
| Tax Annual Amount | 21228.48 |
| Virtual Tour | https://tour.usamls.net/929-N-Main-Marion-VA-24354/unbranded |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 10-21 |
| Freehold | IDX,BBO |
| Current Use | Office |
| Gross Income | 208500 |
| Net Operating Income | 182085 |
Interior Features
| Interior Amenities | Public Restrooms,Showroom |
|---|---|
| Flooring | Carpet,Tile,Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
Exterior Features
| Parking Features | Parking 50+ Spaces |
|---|---|
| Lot Features | City Lot |
| Water Source | Public |
| Total Parking | 50 |
| Lot Size Area | 1.7906 |
| Building Area Total | 15348 |
| Lot Size Acres | 1.7906 |
| Lot Dimensions | 300 x 260 |
| Frontage Length | Road Frontage Feet: 300 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 24354
Price
Taxes
Year Built
Tennessee Virginia Regional MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS ® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
