1706 Virginia AveMartinsville, VA 24112

Property Details for 1706 Virginia Ave

Year built

1975

Lot size

0.37 AC

Zone code

B1

Property type

Other commercial real estate

APN

80020016

APU

80020016

Description

This freestanding fast-food restaurant with a drive-thru is ideally situated between Collinsville and Martinsville, Virginia. Boasting 2,048 square feet on a 0.46-acre lot, this property enjoys excellent visibility and accessibility near the intersection of Virginia Ave/Business US 220 N and English Rd, providing easy access to Commonwealth Blvd. The building, constructed in 1975, benefits from a B1 Commercial zoning designation and features 93 feet of road frontage. Its prime location on a heavily trafficked retail corridor sees approximately 16,000 vehicles per day. Nearby established retailers include Lowe's Home Improvement, Walmart, and ALDI, ensuring high consumer traffic. The property's parcel ID is 20862. This presents a significant opportunity for owner-users or investors seeking a well-positioned fast-food establishment with strong potential for growth. The asking price is $365,000. Signage opportunities are available.

• Alternative Use

  Use

  Valuation

  Residential

  $2,029,462

  Hospitality

  $1,858,976

  Educational

  $1,546,646

  Medical

  $1,599,838

  Retail

  $2,405,894

Location Insight

City

Martinsville

County

Henry

State

Virginia

Latitude

36.7033

Longitude

-79.906

CBSA code

32300

CBSA name

MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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