Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Former Bank Building 8 Lester St 13,216 SF Retail Building Martinsville, VA 24112 $895,000 ($67.72/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Huge opportunity to own this 13,000+ sq ft building on 2 levels at a high traffic location in growing, historic UpTown Martinsville, Virginia. Formerly used by Bank of America and then HomeTown Bank, it is now vacant and available for repurposing. The main level has wide open spaces and large offices. The upstairs consists of several offices and conference rooms. This building can be easily renovated for several uses including retail, office space, or mixed-use with retail or office spaces on the main level and residences on the second level. The large parking lot on 0.5+/- acres makes this property even more valuable. Book your private showing with us or your Buyer Agent today to take advantage of this great opportunity.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
13,216 SF
Building Class
B
Year Built
1965
Price
$895,000
Price Per SF
$67.72
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.54 AC
Zoning
C-2 - Commercial
Parking
22 Spaces (1.66 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 6,608 SF
  • Office
  • -
  • Now

Position your business in the heart of historic UpTown Martinsville, Virginia with this exceptional 13,000+ sq. ft. two-level building available for lease at $5000 per month and responsible for utilities. Located in a high-traffic area within a growing district, this property offers unmatched visibility and flexibility for a variety of uses. The main level features expansive open spaces complemented by large private offices—ideal for retail, professional services, or a dynamic office layout. Upstairs, you’ll find multiple offices and conference rooms, perfect for executive suites or collaborative workspaces. With its adaptable design, this property can easily accommodate retail, office, or mixed-use concepts, including residential options on the second floor. A large parking lot on 0.5± acres ensures convenience for employees and customers alike. Don’t miss the chance to secure a prime location that combines historic charm with modern potential. Schedule your private tour today and bring your vision to life!

  • 2nd Floor
  • 6,608 SF
  • Office
  • -
  • Now

Position your business in the heart of historic UpTown Martinsville, Virginia with this exceptional 13,000+ sq. ft. two-level building available for lease at $5000 per month and responsible for utilities. Located in a high-traffic area within a growing district, this property offers unmatched visibility and flexibility for a variety of uses. The main level features expansive open spaces complemented by large private offices—ideal for retail, professional services, or a dynamic office layout. Upstairs, you’ll find multiple offices and conference rooms, perfect for executive suites or collaborative workspaces. With its adaptable design, this property can easily accommodate retail, office, or mixed-use concepts, including residential options on the second floor. A large parking lot on 0.5± acres ensures convenience for employees and customers alike. Don’t miss the chance to secure a prime location that combines historic charm with modern potential. Schedule your private tour today and bring your vision to life!

Space Size Space Use Position Available
1st Floor 6,608 SF Office - Now
2nd Floor 6,608 SF Office - Now

1st Floor

Size
6,608 SF
Space Use
Office
Position
-
Available
Now

2nd Floor

Size
6,608 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 6,608 SF
Space Use Office
Position -
Available Now

Position your business in the heart of historic UpTown Martinsville, Virginia with this exceptional 13,000+ sq. ft. two-level building available for lease at $5000 per month and responsible for utilities. Located in a high-traffic area within a growing district, this property offers unmatched visibility and flexibility for a variety of uses. The main level features expansive open spaces complemented by large private offices—ideal for retail, professional services, or a dynamic office layout. Upstairs, you’ll find multiple offices and conference rooms, perfect for executive suites or collaborative workspaces. With its adaptable design, this property can easily accommodate retail, office, or mixed-use concepts, including residential options on the second floor. A large parking lot on 0.5± acres ensures convenience for employees and customers alike. Don’t miss the chance to secure a prime location that combines historic charm with modern potential. Schedule your private tour today and bring your vision to life!

2nd Floor

Size 6,608 SF
Space Use Office
Position -
Available Now

Position your business in the heart of historic UpTown Martinsville, Virginia with this exceptional 13,000+ sq. ft. two-level building available for lease at $5000 per month and responsible for utilities. Located in a high-traffic area within a growing district, this property offers unmatched visibility and flexibility for a variety of uses. The main level features expansive open spaces complemented by large private offices—ideal for retail, professional services, or a dynamic office layout. Upstairs, you’ll find multiple offices and conference rooms, perfect for executive suites or collaborative workspaces. With its adaptable design, this property can easily accommodate retail, office, or mixed-use concepts, including residential options on the second floor. A large parking lot on 0.5± acres ensures convenience for employees and customers alike. Don’t miss the chance to secure a prime location that combines historic charm with modern potential. Schedule your private tour today and bring your vision to life!

NEARBY MAJOR RETAILERS

Truist
Carter Bank & Trust
Starbucks
Kroger
Ymca
First Horizon Bank
Applebee's
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
000807400
Land Assessment
$47,600
Improvements Assessment
$428,400
Total Assessment
$476,000
  • Listing ID: 38436376

  • Date on Market: 11/13/2025

  • Last Updated:

  • Address: 8 Lester St, Martinsville, VA 24112

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}