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Former Bank Building 8 Lester St 13,216 SF Retail Building Martinsville, VA 24112 For Sale
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
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
13,216 SF
Building Class
B
Year Built
1965
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)
Nearby Major Retailers
Property Taxes
| Parcel Number | 000807400 | Improvements Assessment | $428,400 |
| Land Assessment | $47,600 | Total Assessment | $476,000 |
Property Taxes
Parcel Number
000807400
Land Assessment
$47,600
Improvements Assessment
$428,400
Total Assessment
$476,000
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Former Bank Building | 8 Lester St
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