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1001 Memorial Blvd 2,448 SF Retail Building Martinsville, VA 24112 $449,000 ($183.42/SF)
Investment Highlights
- Heavy Traffic Count
- Corner Property
- Major amount of Parking
Executive Summary
Is your business looking for a high exposure area? Do you need more parking or are you running a garage that also sells cars? This listing may have the best of all worlds for you. This is a high traffic area that has a large parking area. The building has office space with 2 bathrooms on the main floor. Rear and basement of office building has garage space for auto work and auto detailing. The space has close to 200 feet road frontage on Memorial Blvd ( US 220 Business). This has great potential and is perfect for a business looking a high traffic area! The lifts in the garage and air compressors will remain with the garage.
The sellers of this property wish to rent back the property after closing ( at market rent pricing) in order to liquidate their car inventory.
The sellers of this property wish to rent back the property after closing ( at market rent pricing) in order to liquidate their car inventory.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,448 SF
Building Class
C
Year Built/Renovated
1964/1976
Price
$449,000
Price Per SF
$183.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.85 AC
Zoning
C-1A
Frontage
200’ on South Memorial Blvd
Amenities
- 24 Hour Access
- Corner Lot
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $198,100 | |
| Land Assessment | $40,900 | Total Assessment | $239,000 |
Property Taxes
Parcel Numbers
Land Assessment
$40,900
Improvements Assessment
$198,100
Total Assessment
$239,000
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1001 Memorial Blvd